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PETROLEUM SECTOR REGULATOR
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...- Govt restricts bulk industrial petrol, diesel purchases through petrol pumpsIndustrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...
- Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
- India, Myanmar agree to deepen trade ties, push connectivity projects and security cooperationIndia and Myanmar are embarking on a new chapter of friendship. In a recent summit, the leaders agreed to deepen ties focusing on economic ...
- India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
- From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
- India denies RTI on Russia oil import data, cites strategic and commercial confidentialityInformation on Russian oil imports to India is being withheld. The Petroleum Planning and Analysis Cell cited commercial and confidential r...
- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- West Asia crisis: Govt considering customs duty cut on critical induction cooktop componentsIn a bid to enhance accessibility to induction cooktops, the government is contemplating a reduction in import duties on components. Additi...
- DPIIT rolls out multi-sectoral regulatory relaxations to bolster industrial supply chainsThe Department for Promotion of Industry and Internal Trade is ensuring continuous supply of fuel, gas, and essential raw materials. Measur...
- Govt's ammonia rule to hurt pharma cos as directive restricts sale of surplus to fertiliser firmsIndia’s pharmaceutical industry faces a potential raw material crunch after the government restricted surplus ammonia supply to fertiliser ...
- Moody’s Ratings cuts India’s FY27 growth forecast to 6% on higher energy costsMoody's has lowered India's FY27 growth forecast to 6% due to weaker private consumption and industrial activity, driven by higher energy p...
- The off-balance sheet trick didn’t die in 2019: How Indian managements still hide obligations from investorsThis is one of the most judgement-heavy corners of an Indian balance sheet and one of the easiest to stretch. This part of the series is ab...
- Nigerian airlines threaten to halt flights over soaring jet fuel pricesNigerian airlines are threatening to halt all flight operations from April 20 if jet fuel prices are not reduced. The Airline Operators of ...
- Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
- Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
- Petroleum ministry opposes creation of independent regulator for oil & gas sectorThe petroleum ministry has opposed the creation of a new independent regulator for the oil and gas sector, raising doubts about the impleme...
- Indraprastha Gas questions petroleum regulator’s move sans board strengthIndraprastha Gas has served a legal notice to the petroleum sector regulator for granting city gas distribution licences in absence of key ...
- Deadline to submit bids for CGD projects extendedThe petroleum sector regulator has extended the deadline to submit bids for the fourth round of city gas distribution (CGD) projects to Jul...
- Energy tribunal APTEL raps petroleum sector regulator on lack of guidelinesEnergy tribunal APTEL has pulled up the Petroleum and Natural Gas Regulatory Board for not framing guidelines on laying pipelines in the co...
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