PLI 2.0 scheme for mobile phones may ring louderIn a bold move to reshape the electronics industry, India is enhancing its mobile phone production incentives with a focus on achieving ove...
29 May, 2026, 07.26 AM IST
Rs 3 a litre fuel price hike cuts losses by 25 per cent; daily loss drops to Rs 750 croreIn a noteworthy shift, Indian oil corporations have curtailed daily losses by almost 25% thanks to a Rs 3 per litre increase in petrol and ...
18 May, 2026, 09.04 PM IST
India braces for more fuel hikes as Iran war forces Modi’s handConsumers in India are bracing for more fuel price increases. A recent modest hike in diesel and gasoline prices aims to ease the burden on...
15 May, 2026, 04.47 PM 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
Indian state oil refiners eye modest fuel price hike as losses mountIndian state refiners anticipate a small rise in fuel prices soon. This move aims to balance losses from the ongoing Persian Gulf war and c...
11 May, 2026, 04.32 PM 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
LPG under-recoveries may hit Rs 80,000 crore in FY2027 amid West Asia disruptions: ICRAIndian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and hi...
29 Apr, 2026, 02.42 PM IST
Explained: How Reliance Industries benefits from India‑US trade deal and why the stock went up 7%Reliance Industries’ shares rose after a new India‑US trade deal cut tariffs to 18% and opened the possibility of Venezuelan crude resuming...
03 Feb, 2026, 12.34 PM IST
Indian refiners' August crude processing drops 4.4% from a month earlierIndian refiners experienced a 4.4% month-on-month decline in crude throughput during August, attributed to monsoon disruptions and maintena...
26 Sep, 2025, 12.24 AM IST
GST reforms: Oil & gas margins to compress as GST on exploration hiked to 18%The GST Council's decision to raise the tax on oil and gas exploration and production services to 18% from 12%, effective September 22, wil...
04 Sep, 2025, 03.05 PM IST
Green Hydrogen Mission gets whopping 102% hike in allocation in Interim BudgetThe Union Budget for 2024-25 has allocated Rs 600 crore for the National Green Hydrogen Mission, a 102% increase from the previous year. Th...
02 Feb, 2024, 01.49 PM IST
India's fuel demand slips in November from four-month peakTotal consumption in November, a proxy for oil demand, fell by 2.8% to 18.72 million tonnes from 19.26 million tonnes in October, the data ...
07 Dec, 2023, 05.58 PM IST
No gas for new city distributors to startNew city gas distribution (CGD) companies, specifically the ones who won bidding rounds-IX, X and XI, include Adani Total Gas, Torrent Gas,...
03 May, 2022, 12.35 AM IST
Oil price increase positive but losses for oil companies to prolong: ICRAThe armed conflict between Russia and Ukraine which has led to an increase in crude oil and gas prices, will, though add to the fiscal burd...
24 Mar, 2022, 02.20 PM IST
Oil demand recovery in India poised to weather Covid comebackInfections have surged and fewer vehicles are traversing the streets of India’s capital, but authorities have so far refrained from institu...
14 Jan, 2022, 12.39 PM IST
COVID-19 opens up opportunities for chemicals sector; puts margin pressure on petrochemicals: IcraThe report further said the lockdowns have adversely affected the demand for chemicals and petrochemicals owing to decline in consumption a...
08 May, 2020, 10.12 PM IST