Mumbai: There’re ominous signs on the price front and the government’s fiscal side if crude oil prices remain at the current elevated level triggered by…
International oil prices top by $87/bbl; domestic petrol, diesel prices remain unchanged
New Delhi: International oil prices jumped to the highest level since 2014, topping $87 a barrel but domestic petrol and diesel prices remained unchanged for…
India to release 5 million crude oil barrels to cover the international oil prices: Govt.
New Delhi: India will release 5 million barrels of crude oil from its emergency stockpile in tandem with the US, China, Japan, and other major…
ONGC witnessed the highest net profit; jumps by 565% in Q2
Oil and Natural Gas Corporation Ltd’s (ONGC) standalone net profit for the September quarter soared 565% to ₹18,347 crores. It was ₹2,758 crores in the corresponding quarter…
Excise duty rates on petrol & diesel to be cut down in India: Govt
The Centre has announced excise duty cut on petrol and diesel by ₹5 and ₹10 respectively from (Thursday) on the eve of Diwali. Announcing the decision, the…
Excise duty rates collection rises by 79%: CGA Data
New Delhi: The government’s collection from levy of excise duty on petroleum products has risen 33 percent in the first six months of the current…
Soaring prices of gas might affect the CNG, PNG prices
New Delhi: After the fuel price surge, prices of gas used for cooking and transportation are expected to soar this year putting consumers in India…
Stocks of Tesla, Coinbase, Tyson foods on the positive rise
Shares of the exploration and production company, Diamondback Energy slid 3.5% amid a dip in oil prices.Tesla, the electric vehicle stock rose 2.1% after Jefferies…