Stocks in news: Reliance Industries, Wipro, ICICI Bank, Coal India and Hindustan ZincIndian equity markets experienced a decline on Wednesday, extending their recent corrective phase. Several companies, including Reliance In...
$100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
Only 23% of rural households use LPG exclusively, CEEW studies findMany rural households lack doorstep LPG delivery, facing refill cost and logistics issues. Only a fraction of rural homes use LPG exclusive...
Oil shipments to India face delivery hurdles on Mideast snarlsIndian refiners face disrupted oil shipments from the Middle East. Bharat Petroleum and Indian Oil experienced delayed crude oil deliveries...
India’s August fuel story: Petrol, diesel up, LPG down sharplyPetrol and diesel sales saw significant year-on-year increases in August. This growth was fueled by greater mobility and a strengthening ec...
Kharge dismisses Modi's GDP video as 'PR on economy', flags rise in prices, joblessnessCriticising PM Modi's economic claims, Kharge said common people face unemployment, price rise and inequality. He highlighted unemployment ...
ATF price up 5.46%, commercial LPG rate rises Rs 9.50ATF prices rose 5.46% to ₹121.28 per litre, adding to airlines’ costs, while commercial LPG prices increased by ₹9.50 to ₹2,747.50 per 19-k...
Oil & gas stocks after 6 months of West Asia crisis: Who beat markets, who lagged & what’s next?The Nifty Oil & Gas Index lagged behind the broader market following the onset of the West Asia conflict. Despite this, Aegis Logistics and...
GAIL plans major expansion in gas, petrochemicals and clean energy, says chairmanGAIL plans pipeline expansion and diversified LNG sourcing for energy security. The company is scaling up petrochemicals and LPG infrastruc...
GAIL opposes IGX platform for LNG terminal capacity bookingIndia's top gas marketer GAIL opposes a new platform for booking LNG terminal capacity. GAIL states this platform will add costs for consum...
India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
$20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
Tamil Nadu CM C Joseph Vijay announces more free buses for women; 3 free cooking gas cylindersIn an effort to alleviate living costs, Tamil Nadu Chief Minister C Joseph Vijay has announced new initiatives including fare-free bus trav...
Growth broadens across India Inc: What an 8-quarter earnings review reveals about sectors, risks and returnsET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is present...
Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reportsShell is reportedly seeking to sell its U.S. chemical assets for up to eight billion dollars. Several major companies and a private equity ...
Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: SourcesIndian Oil Corp has finalized a deal with Algeria's Sonatrach for LPG imports. This agreement will supply one very large gas carrier monthl...