Patna, March 27 Bharatiya Janata Party (BJP) MP Manoj Tiwari on Friday praised the Centre's move to reduce excise duty on petrol and diesel, calling it a "Ram Navami gift for the country".Manoj Tiwari said, "This is the biggest news of the day. The country has received a gift on Ram Navami."...
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New Delhi, March 15 State-owned oil marketing companies are considering paying refineries a price lower than the imported rates of petrol and diesel to limit mounting losses from a retail fuel price freeze, a move that could hit standalone refiners like MRPL, CPCL and HMEL.International oil...
Chandigarh, March 11 – Punjab Food and Civil Supplies Minister Lal Chand Kataruchak appealed to the Union government on Wednesday to ensure that there is no shortage of essential commodities such as LPG, petrol, and diesel, given the ongoing war-like situation in the West Asian region.During a...
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New Delhi, March 11 India's state-owned oil marketing companies – Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited – are facing pressure from rising global crude and gas prices, limited domestic fuel price pass-through, and...
New Delhi, March 11 State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said...