Feb 15, 2019 06:45 PM IST
India is restricted to buying 1.25 million tonnes per month, some 300,000 bpd. January imports from Iran were 10.4 percent lower than December, the tanker arrival data showed.
- Feb 11, 2019 12:02 PM IST
- Feb 08, 2019 06:41 PM IST
Gross refining margins (GRMs) dipped in line with global margin contraction. Substantial inventory losses ate away the quarter’s profitability.
- Feb 07, 2019 06:08 PM IST
India's import of LPG, a product used for cooking among other purposes, hit 12.15 million tonnes in 2018, up by about 2.19 percent versus 2017, official data showed.
- Jan 27, 2019 03:43 PM IST
The integrated refinery is a modern expansion complex and would transform the Kochi Refinery as the largest PSU refinery in the country with world class standards.
- Jan 17, 2019 06:23 PM IST
Total returns from 44 listed non-bank PSU stocks were a mere 3 percent annual growth over the last five years. While the metrics may seem attractive, the returns call for caution.
- Jan 11, 2019 02:31 PM IST
With several planned expenses still in the pipeline, the government is now looking for measures to prevent a fiscal breach.
- Dec 18, 2018 03:09 PM IST
The S&P BSE Oil & gas was up half a percent led by IOC which added 1.4 percent followed by HPCL, Castrol India, BPCL, GAIL India, Reliance Industries and Oil India Limited.
- Dec 16, 2018 11:10 AM IST
The Central Public Sector Enterprises (CPSEs) that are part of the Bharat-22 ETF include ONGC, IOC, SBI, BPCL, Coal India and Nalco.
- Dec 12, 2018 10:07 AM IST
Investors will be better off not to touch high beta names until some clarity emerges with respect to General Elections 2019
- Dec 04, 2018 09:57 AM IST
The general rule is that when a stock is trading below its 5-year PE, it usually indicates sluggish movement in price, which is further linked to earnings potential
- Nov 30, 2018 09:44 AM IST
FIIs which turned net sellers in Indian Capital markets in August, September and October pulling out nearly Rs 60,000 crore in the last three months turned net buyers in November.
- Nov 26, 2018 10:09 AM IST
BPCL, Chennai Petroleum, HPCL, IOC, Asian Paints, Kansai Nerolac, Shalimar Paints, Apollo Tyres, InterGlobe Aviation, SpiceJet and Jet Airways were gainers.
- Nov 26, 2018 08:55 AM IST
The move will boost employment generation by thousands and an investment of thousands of crores of rupees.
- Nov 22, 2018 12:48 PM IST
JP Morgan believes oil will remain range bound & large under recoveries are unlikely.
- Nov 02, 2018 08:41 AM IST
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 80 points or 0.77 percent. Nifty futures were trading around 10,495-level on the Singaporean Exchange.
- Oct 31, 2018 11:10 AM IST
- Oct 30, 2018 11:50 AM IST
- Oct 29, 2018 08:22 AM IST
Brokerages, however, expect gross refining margins (GRMs) in the range of $5-7 per barrel for the quarter under review.
- Oct 11, 2018 02:22 PM IST
Tune in to find out how Vivek Misra, Head of Fundamental Research at Karvy Stock Broking, makes stock picks in times of volatility.
- Oct 10, 2018 01:32 PM IST
Reliance Industries Ltd, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemicals Ltd, sought an additional 1 million barrels each in November, one of the sources said.
- Oct 09, 2018 11:53 AM IST
Top brokerages have downgraded OMCs post the government announcement and have reduced their target price by 30 to 50 percent.
- Oct 08, 2018 10:05 AM IST
Despite the negative earnings effect of the government's decision, we continue to expect the three OMCs to report higher EBITDA in fiscal 2019 versus fiscal 2018, given higher sales volume, stable refining margins and the depreciating Indian rupee," the report said.
- Oct 05, 2018 11:03 AM IST
The central excise duty has been cut by Rs 1.5 per litre while oil marketing companies (OMCs) have been asked to absorb a cut of Rs 1 per litre which will impact margins as well as earnings of HPCL, BPCL, and IOC.
- Sep 28, 2018 01:18 PM IST
CLSA sees Vedanta, GAIL and ONGC being good buy options based on factors such as favourable risk reward and lack of subsidy burden, among others.