Oil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losin...

Domestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...

The Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...

Fuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil ...

India's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...

Petrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient ...

The Indian government has sacrificed nearly Rs 14,000 crore in tax revenue by lowering excise duty on petrol and diesel. This move aims to ...

Fuel 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...

New Delhi is shaking up its energy export policy with the introduction of a specialized excise duty on petrol exports. Meanwhile, the gover...

India's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global mar...

Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of ...

Despite a 50 per cent surge in input crude oil prices, petrol and diesel continue to be priced at a two-year-old rate of Rs 94.77 a litre a...

India's private investment has seen a significant jump. This signals a strong revival in the country's investment cycle. Industry leaders a...

State-owned oil firms are incurring massive daily losses, estimated at Rs 1,600-1,700 crore, to shield Indian consumers from global energy ...

India's state-run oil firms faced massive losses of an estimated Rs 30,000 crore. They kept fuel and LPG prices stable despite a global ene...

India plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...

Indian oil companies face significant financial strain. LPG under-recoveries may reach Rs 80,000 crore by FY2027. Supply disruptions and hi...