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Rajya Sabha Passes Bill Seeking Boost In Investment In Oil, Gas Exploration
The Rajya Sabha on Tuesday passed a bill that seeks to amend existing law governing exploration and production of oil and gas, and delink petroleum operations from mining operations to boost investment in the sector.
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Union Budget 2024: How The New Budget Affects Your Daily Grocery Bill
Find out how the Union Budget 2024 has changed the cost of common food items. Detailed insights into the price variations of pulses, oils, cereals, sugar, and vegetables since the budget announcement.
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India's Oil Import Bill Could Reach USD 101-104 Billion In 2024-25: Report
India's net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said today.
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US House Passes Bill To Harden Sanctions On Iranian Oil As Gaza War Rages
The US House of Representatives easily passed a bill on Friday to bolster sanctions on Iranian oil in a strong bipartisan vote.
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Tata Motors Plans to Sell About 50,000 EVs in FY23, Double It in Next Fiscal Year
Tata Motors has set a target to sell about 50,000 electric vehicles (EVs) in the FY23, and double it in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting. The company's performance is expected to improve in this fiscal year as the overall supply situation is gradually become stable.
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No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
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Apple No Longer World’s Most Valuable Company, Dethroned by Saudi Aramco
Saudi Aramco, billed as the largest oil-producing company, has also become the world's most valuable company, surpassing American tech giant Apple. Rising demand and rising costs are driving up the value of oil company stocks.
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India's Oil Import Bill Jumped Nearly 100% To $119 Billion In FY22
India's crude oil import bill nearly doubled to $119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the return of demand and war in Ukraine.
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India Keen To Boost Oil Imports From Brazil - Report
India, which meets about 84% of its oil needs through imports, is looking at ways to cut its import bill including stepping up use of bio-fuels.
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Rupee Falls To Near One-Month Low On Inflation Surge And Higher Oil
The rupee weakened to its lowest in nearly a month, tracking a decline in domestic stocks as inflation surged and as oil prices climbed to their highest in nearly three weeks on supply fears from the prospect of more sanctions on Russia as the crisis in Ukraine deepens.
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Logistics Sector May Grow By 7-9% In 2022-23: ICRA
The logistics sector is projected to record a growth of 7-9 per cent in the current fiscal, a report by ICRA has said
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Rupee Gains, But Still Ends Current Fiscal Year With Over 3.5% Loss
The energy-sensitive rupee gained against the dollar, tracking a sharp fall in oil prices, but ended the 2021-22 fiscal year with over a 3.5 per cent loss.
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India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
February crude oil imports decreased by about 8.6 per cent from the previous month and were 5.7 per cent lower than pre-pandemic levels in the same month two years ago.
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Indian Refiners Hike Crude Processing In February To Meet Demand Rise
India's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.
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RBI Needs Innovative Ways To Insulate Government's Borrowings Plan From Ukraine War Impact: SBI Report
Report said that RBI can cushion the economic impact of the ongoing conflict on the borrowing plan by taking some innovative measures
-
Rajya Sabha Passes Bill Seeking Boost In Investment In Oil, Gas Exploration
The Rajya Sabha on Tuesday passed a bill that seeks to amend existing law governing exploration and production of oil and gas, and delink petroleum operations from mining operations to boost investment in the sector.
-
Union Budget 2024: How The New Budget Affects Your Daily Grocery Bill
Find out how the Union Budget 2024 has changed the cost of common food items. Detailed insights into the price variations of pulses, oils, cereals, sugar, and vegetables since the budget announcement.
-
India's Oil Import Bill Could Reach USD 101-104 Billion In 2024-25: Report
India's net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said today.
-
US House Passes Bill To Harden Sanctions On Iranian Oil As Gaza War Rages
The US House of Representatives easily passed a bill on Friday to bolster sanctions on Iranian oil in a strong bipartisan vote.
-
Tata Motors Plans to Sell About 50,000 EVs in FY23, Double It in Next Fiscal Year
Tata Motors has set a target to sell about 50,000 electric vehicles (EVs) in the FY23, and double it in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting. The company's performance is expected to improve in this fiscal year as the overall supply situation is gradually become stable.
-
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
-
Apple No Longer World’s Most Valuable Company, Dethroned by Saudi Aramco
Saudi Aramco, billed as the largest oil-producing company, has also become the world's most valuable company, surpassing American tech giant Apple. Rising demand and rising costs are driving up the value of oil company stocks.
-
India's Oil Import Bill Jumped Nearly 100% To $119 Billion In FY22
India's crude oil import bill nearly doubled to $119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the return of demand and war in Ukraine.
-
India Keen To Boost Oil Imports From Brazil - Report
India, which meets about 84% of its oil needs through imports, is looking at ways to cut its import bill including stepping up use of bio-fuels.
-
Rupee Falls To Near One-Month Low On Inflation Surge And Higher Oil
The rupee weakened to its lowest in nearly a month, tracking a decline in domestic stocks as inflation surged and as oil prices climbed to their highest in nearly three weeks on supply fears from the prospect of more sanctions on Russia as the crisis in Ukraine deepens.
-
Logistics Sector May Grow By 7-9% In 2022-23: ICRA
The logistics sector is projected to record a growth of 7-9 per cent in the current fiscal, a report by ICRA has said
-
Rupee Gains, But Still Ends Current Fiscal Year With Over 3.5% Loss
The energy-sensitive rupee gained against the dollar, tracking a sharp fall in oil prices, but ended the 2021-22 fiscal year with over a 3.5 per cent loss.
-
India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
February crude oil imports decreased by about 8.6 per cent from the previous month and were 5.7 per cent lower than pre-pandemic levels in the same month two years ago.
-
Indian Refiners Hike Crude Processing In February To Meet Demand Rise
India's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.
-
RBI Needs Innovative Ways To Insulate Government's Borrowings Plan From Ukraine War Impact: SBI Report
Report said that RBI can cushion the economic impact of the ongoing conflict on the borrowing plan by taking some innovative measures
