Feb 04, 2021 09:41 AM IST
After the current hike, the price of cooking gas in Delhi was seen at Rs 719 per cylinder (14.2 kg), in Kolkata at Rs 745.50, Mumbai at Rs 719, and Rs 735 in Chennai.
- Dec 18, 2020 06:08 PM IST
After letting oil prices go unchanged for 59 days, oil marketing companies hiked petrol and diesel prices by over Rs 2 and by nearly Rs 3.50 respectively since November 19
- Jul 22, 2020 09:08 PM IST
The Ministry of Petroleum and Natural Gas started mulling over the idea of legalisation of home delivery of HSD in 2017, after which it introduced the Petroleum Explosives Safety Organisation (PESO) to draft guidelines in this regard
- Jan 24, 2020 11:13 AM IST
Indian Oil Corporation and Hindustan Petroleum Corporation are offering discounts on digital transactions at petrol pumps
- Nov 05, 2019 08:00 PM IST
Traditionally, oil marketing companies (OMCs) have been used by the government to push its inclusive agenda, the latest being the dole out of free cooking gas (LPG) cylinders to poor women's households.
- Nov 25, 2018 08:35 PM IST
The process to seek application for the new pumps in the state by Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum kicked off on Sunday.
- Sep 26, 2018 07:24 AM IST
It can be argued that despite enjoying windfall gains from the drop in global oil prices, the NDA government opted to shore up revenue by raising taxes, instead of passing the benefit to customers.
- Sep 11, 2018 05:36 PM IST
Although there has been a substantial correction in stock prices, we approach the current year with caution given the increasing global uncertainty, rising crude oil prices, growing agitation against higher petrol and diesel prices in domestic markets and government’s unwillingness to reduce taxes on fuel
- Jun 07, 2018 01:15 PM IST
Policy uncertainty in light of high crude prices, inflationary environment and populism in an election year make us cautious on this space
- Apr 11, 2017 09:19 AM IST
The Consortium of Indian Petroleum Dealers has threatened to close fuel pumps on Sundays if their demand for an increase in dealer’s commission is not fulfilled by the central government.
- Apr 07, 2017 10:46 AM IST
State-owned and India's biggest oil marketing company Indian Oil Corp Ltd and its two smaller peers Bharat Petroleum and Hindustan Petroleum are considering ways to roll out the plan to review petrol and diesel prices daily, executives from the firms told the daily.
- Apr 06, 2017 09:04 AM IST
ITC, UPL, Dr. Reddy's, among others are being watched by analysts, while steel and oil and gas too remain on their radar.
- Mar 31, 2017 07:38 PM IST
In an interview to CNBC-TV18's Anuj Singhal and Reema Tendulkar, SP Tulsian of sptulsian.com shared his readings and outlook on the market and specific stocks.
- Mar 14, 2017 09:48 AM IST
- Feb 28, 2017 02:50 PM IST
Consolidation in the telecom space would lead to bottoming out of the market. Bharti Airtel remains their top pick from the space because of its leadership and cost effectiveness of P&L account, Susmit Patodia, Head, Institutional Sales, MOSL.
- Jan 30, 2017 06:07 PM IST
Although policy changes may be kept to a minimum in Finance Minister Arun Jaitley's Budget speech for the oil and gas sector, changes in the cess rates for oil production may prove to be a positive for the sector, suggest reports.
- Jan 20, 2017 08:31 AM IST
State-owned oil firms, that are bearing the discount cost of 0.75 percent for cashless payments announced by the government in the wake of demonetisation, may urge the government to compensate for their losses.
- Jan 19, 2017 09:58 PM IST
The biggest debtor for the AAI, interestingly, is Air India, which is accountable for nearly 50 percent of the authority's dues.
- Jan 13, 2017 07:50 AM IST
"The decision is very clear. Consumers will not be burdened with Merchant Discount Rate (MDR). Retail outlets (petrol pumps) will also be kept out of its purview. Now it is between banks and OMCs how they share it," he said.
- Dec 12, 2016 11:21 AM IST
"We are committed to promote the cashless economy as has been the agenda of the government", MK Surana, CMD of Hindustan Petroleum Corporation Ltd (HPCL) told CNBC-TV18.
- Oct 14, 2016 10:27 AM IST
The combination of factors such as passage of Goods and Services Tax, implementation of Seventh Pay Commission, besides a good monsoon and the central bank cutting rates is likely to trigger earnings recovery for companies going ahead, according to Gautam Trivedi, Managing Director and Chief Executive of Religare Capital Markets.
- Jul 19, 2016 04:53 PM IST
It is a good time to book profits because earnings are likely to be volatile. Moreover, even if earnings are good, they are already priced-in, says Ashwani Gujral of aswhanigujral.com.
- Jul 09, 2016 11:58 AM IST
Gautam Chhaochharia, Head-India Research at UBS is overweight on oil and gas space.
- Jul 06, 2016 10:10 AM IST
Ministries of Chemical and Fertilizer and New and Renewable Energy will come out with the draft policies for manufacturing of coal-based urea and second generation ethanol in three weeks, Union Minister Nitin Gadkari said.
- Jul 04, 2016 10:19 AM IST
The hike was long due and will be positive for upstream and oil marketing companies (OMCs) like Oil and Natural Gas Corporation, says RS Sharma, Former CMD, ONGC.