Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
27 May, 2026, 10.36 AM IST
SBI Report: No direct impact of oil price hike on India's fiscal situationFuel prices have risen by Rs 3 per litre. This move aims to reduce losses for oil companies. SBI's research report Ecowrap suggests that th...
18 May, 2026, 12.53 PM IST
Strait of Hormuz is now India's biggest market risk, says Ashi AnandIndian markets await clarity on Strait of Hormuz shipping. Ashi Anand of IME Capital suggests a defensive market approach. Oil prices near ...
18 May, 2026, 11.56 AM IST
A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
15 May, 2026, 03.25 PM IST
The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hikeShares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset moun...
15 May, 2026, 11.51 AM IST
Modi’s toughest economic test may demand more than appealsPrime Minister Narendra Modi faces economic headwinds. Appeals for reduced consumption of imported goods like oil and gold may not suffice....
14 May, 2026, 12.36 AM IST
Oil & gas sector outlook 2026: Higher brent prices seen boosting upstream firms, hurting OMC marginsGlobal oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a maj...
11 May, 2026, 11.51 AM IST
Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
11 May, 2026, 11.49 AM IST
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
06 May, 2026, 01.49 PM IST
‘We are not like India...’: Pakistan minister admits on live TV country has no strategic oil reserves, says stock only for five to seven daysPakistan's energy vulnerability is highlighted as Petroleum Minister Musadik Malik revealed that Islamabad possesses only a few days of cru...
02 May, 2026, 03.38 PM IST
OMCs push for increase in LPG, petrol, diesel, ATF prices as losses mountOil prices are soaring, pushing the govt to consider raising fuel costs. State-run companies are facing significant losses due to the sharp...
02 May, 2026, 09.36 AM IST
Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking...
29 Apr, 2026, 03.42 PM IST
OMC case: Suspended IAS officer remanded in judicial custodySuspended IAS officer Y Srilakshmi, an accused in the Obulapuram Mining Company (OMC) scam, today surrendered before a special CBI court.
21 Mar, 2013, 02.36 PM IST
Court refuses bail to Gali Janardhan Reddy in OMC caseGali Janardhan Reddy and his brother-in-law B V Srinivsas Reddy were arrested on September 5 last year from Bellary and brought to Hyderaba...
26 Nov, 2012, 05.11 PM IST
- Rajagopal gets interim bail in OMC case
The court granted Rajagopal the interim relief for 15 days following demise of his father-in-law today, said CBI Deputy Legal Advisor B Rav...
20 Oct, 2012, 07.36 PM IST
- Obulapuram Mining Co case: CBI seeks valuation of assets of Gali Janardhana Reddy & B V Srinivas Reddy
A special CBI court today sought for valuation certificates of a chopper & luxury cars owned by Gali Janardhana Reddy & B V Srinivas Reddy.
12 Jun, 2012, 07.28 PM IST
- OMC mining scam: Janardhan Reddy files bail plea
Gali Janardhan Reddy chargesheeted in the Obulapuram Mining Company (OMC) "scam" again moved a local court.
13 Dec, 2011, 11.17 PM IST