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PETROLEUM FIRMS DIVIDEND
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...- Japanese shares end lower as US-Iran talks falter, naval blockade loomsJapanese shares ended lower on Monday as the U.S.-Iran peace talks collapsed over the weekend and the American Navy prepared a blockade on ...
- Prolonged war may hit Rs 75,000 crore dividend targetThe ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of sta...
- Govt exceeds disinvestment target, boosts revenue with strong dividend collectionsGovernment's combined disinvestment and asset monetisation receipts have surpassed ₹34,400 crore this fiscal year, exceeding revised estima...
- "Firm-by-firm" review: CPSE dividend may exceed target by 16%India's finance ministry is conducting a detailed review of the dividend policy for central public sector enterprises (CPSEs), anticipating...
- CPSE dividend for FY25 hits record Rs 74,017 croreCentral government's dividend collections from non-financial entities reached ₹74,017 crore in FY25, a 16% increase from the previous year,...
- Dividend payout from non-financial CPSEs may hit record Rs 67,000 crThe Central govt is projected to collect a record ₹66,000-67,000 crore in dividends from its non-financial entities this fiscal year, drive...
- Centre receives Rs 1,487 crore from NTPC as dividendNTPC, a state-owned company, is India’s largest power utility firm with an installed capacity of 73,824 MW (including Joint Ventures) and p...
- Occidental begins buying back Warren Buffett’s $10 billion in preferred stockSeparately, Buffett’s firm owns a 24% stake in Occidental common stock and is the company’s largest shareholder, according to data compiled...
- BPCL down over 4% on lower-than-expected dividendBPCL has declared an interim dividend of Rs 5 per share.
- Trade unions urge Petroleum Minister to reconsider BPCL privatisation moveNew Delhi, Aug 26 () Trade unions on Wednesday urged Petroleum Minister Dharmendra Pradhan to reconsider the proposed privatisation of Bhar...
- Government wants oil cos to pay Rs 34,000 cr in dividend, profit petroleum, royaltyGovt's plan is a bid to raise resources for public spending amid economic slowdown and corporate tax cut.
- Relief for state-run oil companies in FY18: Oil PSUs to pay 16% less dividend to governmentIn all, state oil firms will pay Rs 14,600 crore to the government in this financial year, according to officials, who said these firms hav...
- Lessons in goods trade crucial for WTO services pact: Nirmala SitharamanSitharaman's statement comes after India's proposal on a global agreement for trade facilitation in services met with mixed response in Gen...
- After govt's pressure, state-run oil firms declare Rs 4,570 crore special dividendThe finance ministry had directed all administrative ministries to insist on public sector companies paying maximum possible dividend in th...
- PSUs seek exemption from paying government huge dividendsA large dividend outgo means these companies are left with less cash to fund their investment plans, inducing them to borrow more.
- PSU chiefs promise to meet capex plans, maintain dividendHeads of several blue-chip state- owned firms today assured Chidambaram that they will try to meet their capital expenditure plans.
- Finance Ministry asks ONGC, others to consider over 30% interim dividendFinance Ministry has asked cash-rich oil PSUs like ONGC to consider special dividend over and above the 30 per cent interim dividend.
- State cos told to pay extra dividendThe finance ministry has asked select public sector enterprises to declare special dividend for the current financial year as it struggles ...
- Crude crash lifts oil marketing cos’ bottomlinesIndia’s three public sector Fortune 500 oil marketing companies, Indian Oil, Bharat Petroleum and Hindustan Petroleum, made remarkable turn...
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