India Expected To Gain from Global Oil Prices Decline by Over USD 4/barrel
This week, the recent decrease in oil prices by over USD 4 a barrel in the international market is expected to benefit India. This decline...
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Indian Oil Announced Q4 Earnings; Net Profit Plunges 49%
The state-run oil retailer, Indian Oil Corporation Limited (IOCL), on 30 April, announced its quarterly earnings for January-March. In its quarterly report, the company reported...
Oil India to Invest Rs 25,000 Crore to Achieve Net-Zero by 2040
Oil India Limited announced on 14 September that it plans to invest Rs 25,000 crore to achieve its net-zero emission target. Chairman and Managing Director...
IndianOil to Invest Rs 4 Lakh Crore on Becoming a ‘360 Degree Energy’ Company
Indian Oil Corporation is set to invest Rs 4 lakh crore in this decade to expand oil refining and petrochemical business as well as energy...
Stocks in Focus: ITC, Indigo Aviation, Oil India and Others
The GIFTY Nifty futures were trading in the red during the early hours before the opening of the markets on Wednesday. Domestic Indices are expected...
Oil Prices Reached 2 Month High Outweighing Fed Rate Hike
Oil prices climbed over 3% on Friday, rising to their highest level in 9 weeks as supply concerns and technical buying outweighed fears that further...
Marico Share Tumbles as Q1 Revenue Dips Amid Fall in Edible Oil Prices
On Thursday, Marico’s share price opened lower after the company’s Q1FY24 update that combined revenue declined in low-single digits every year.During the quarter, Marico’s national...
ONGC Share Falls 1% as Brent Crude Plunges 4%
On June 23, Oil and Natural Gas Corporation Ltd (ONGC) shares fell 1.3% to Rs 157 after Brent crude declined 4% overnight. Upstream businesses like...
OIL, ONGC Shares Up 2% After Govt Cuts Windfall Tax to Zero
Shares of upstream oil companies such as Oil India and ONGC soared in early trade on May 16 after the government reduced the windfall tax...
ONGC Shares Up 3%, Near 52-Week High as Govt Cuts Crude Windfall Tax
Oil and Natural Gas Corporation (ONGC) shares rose 3% to Rs 163.90 in Tuesday’s intra-day trade on the BSE after the government reduced windfall tax...