Crude oil

Image for representation purpose only. | Photo Credit: Reuters The government on November 16 cut the windfall profit tax on crude oil produced in the country and on exports of diesel in line with softening international oil prices.The…

The standalone net profit of GAIL (India) for the first quarter of the current financial year (Q1YFY24) saw a fall of 51.56 per cent to Rs 1,412 crore, compared to Rs 2 915,19 crore for the corresponding quarter of the previous…

Inflation: Pulses put on display for sale at wholesale grocery market Khari Baoli, Delhi | Photo Credit: Sushil Kumar Verma The latest annual report released by the RBI highlights the factors and disruptors that heightened inflation levels…

After Reliance Industries Ltd and its partner bp plc of the UK, Nayara Energy - the nation's largest private fuel retailer - has started selling petrol and diesel at Re 1 less than the fuel sold by state-owned retailers, officials…

Indian Oil Corp Ltd (IOC), the country's top refiner, reported its first rise in profit in five quarters on Tuesday, as cooling crude prices bolstered its refining margins, sending its shares to their highest in more than one year. …

Oil producers cartel OPEC's share in India's oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed. Organization of the Petroleum Exporting…

Image used for representational purpose only. | Photo Credit: PTI Growth in India’s eight core sectors’ output fell to a five-month low of 3.6% in March from 7.2% in February, with electricity and cement production slipping from a year…

Hindi NewsBusinessIndia's Russian Oil Imports Now Double Of Nation's Top Oil Supplier Iraqनई दिल्ली12 घंटे पहलेकॉपी लिंकरूस से भारत का क्रूड ऑयल का इंपोर्ट मार्च में बढ़कर 16.4 लाख बैरल पर डे (BPD) के नए हाई पर पहुंच गया है। इस तरह रूस से…

Private refiners were also making windfall gains by sourcing Russian oil at discounted rates and re-exporting them to other markets. File | Photo Credit: The Hindu The government has extended export curbs on petroleum products that compel…

Domestic markets opened higher in Wednesday's trade, as investors pinned hopes on end of monetary tightening cycle ahead of the US Federal Reserve's interest rate decision due later today.…