Oil Psu

Budget 2025: The government granted Rs 12,100 crore to the oil marketing companies for liquified petroleum gas subsidy in the Union Budget 2025, compared to Rs 14,700 crore (RE) received for the fiscal 2024-25

Oil PSUs' capex rises 30% YoY in Apr-Nov 2024 amid increase in energy projects

In the April to November 2024 period, the oil PSUs spent Rs 97,667 crore from the annual target of Rs 1,06,401 crore

Govt. asking higher dividend from oil PSUs a heaven-sent opportunity for yield seekers

To meet the shortfall in its revenue target the government has asked its favourite milch cows to deliver some more

Three oil PSUs move SC for modification of Aadhaar order

The order had come during the hearing of a PIL filed by Justice K Puttaswamy, former high court judge, seeking to restrain the Centre, Planning Commission and the Unique Identification Authority of India (UIDAI) from issuing Aadhaar cards by way of an executive order of January 28, 2009.

Non-subsidised LPG rate hiked by Rs 46.50 per cylinder

The price of non-subsidised cooking gas (LPG) was today hiked by Rs 46.50 per cylinder as part of reform measures unleashed by the government to trim its huge fuel subsidy bill.

Govt bars oil PSUs from setting up self-funded petrol pumps

With petrol pumps mushrooming all over the country, the government has barred oil PSUs from setting up new outlets at their investment.

It is quick money to govt through ONGC auction: RS Sharma

Speaking to CNBC-TV18, RS Sharma, former chairman of ONGC says that the auction route is a disappointment for retail investors. “However, the government will get money in faster through auction than FPO or other modes,” he says.