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Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: Report
Oil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LPG losses being a considerable issue. Although recent declines in crude prices provide short-term relief, ongoing market volatility and required inventory adjustments are expected to squeeze profit margins. A notable threat includes the government's possible retraction of excise duty cuts to mitigate revenue shortfalls.
Will Sensex, Nifty bounce back on Monday? Iran peace deal risks among 5 factors to drive D-St this week
Indian stock markets experienced a sharp decline on Friday, breaking a five-day winning streak. Key factors influencing Dalal Street next week include potential US-Iran peace deal risks, volatile oil prices, a significant sell-off in IT stocks, the rupee's performance against the dollar, and a return of foreign institutional investors as net buyers. These elements will shape market sentiment in the coming days.
US-Iran peace deal to crude oil prices: Top five triggers that may dictate the Indian stock market this week - Mint
US-Iran peace deal to crude oil prices: Top five triggers that may dictate the Indian stock market this weekMint
Buy, Sell Or Hold: Reliance Industries, Tata Motors CV, DLF, Garden Reach Shipbuilders And Ola Electric — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
No real spike in petrol, diesel prices in India despite global crude oil market volatility: Hardeep Singh Puri
Addressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi government, Puri further said that Sonbhadra in Uttar Pradesh is shedding its image of being a backward region and is moving towards becoming a model district.
3 Indian-flagged oil tankers transit through Strait of Hormuz
Three Indian oil tankers, carrying over 8.6 lakh tonnes of cargo and 94 crew members, successfully navigated the Strait of Hormuz en route to India. The vessels, Desh Vaibhav, Desh Vibhor, and Sanmar Herald, are expected to reach Indian ports between June 24 and July 1. This transit follows the lifting of a US blockade on Iran, allowing oil tankers to move freely through the vital waterway.
Three Indian-Flagged Crude Oil Tankers Secure Safe Passage Through Hormuz Says Port Minister
The Port Ministry was actively coordinating with agencies to guarantee the safety of India's seafarers.
BHEL, Coal India investing Rs 25,000 crore in Odisha coal gasification project: G Kishan Reddy
A significant Rs 25,000 crore investment by BHEL and Coal India Limited is set to transform Odisha's coal sector. This ambitious project will explore coal gasification, moving beyond traditional power generation to unlock new opportunities in fertilizer production and boost downstream industries.
Odisha coal gasification project to meet 35% of India's ammonium nitrate needs by 2030: Industry
A significant Rs 25,016-crore coal gasification project in Odisha, recently inaugurated by President Murmu and PM Modi, is set to fulfill nearly 35% of India's ammonium nitrate needs by 2030. This pioneering initiative, utilizing indigenous technology, promises to slash imports by 0.66 million tonnes annually, saving over USD 360 million in foreign exchange each year and bolstering India's self-reliance in strategic industrial products.
Confidence Petroleum India to attend GIA Flagship Conference 2026 - scanx.trade
Confidence Petroleum India to attend GIA Flagship Conference 2026scanx.trade
India needs greater self-reliance, lower dependence on foreign capital, defence, energy and tech: Kotak - Moneycontrol.com
India needs greater self-reliance, lower dependence on foreign capital, defence, energy and tech: KotakMoneycontrol.com
Deep Industries secures Rs 84 crore ONGC contract
Deep Industries has received a Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for charter hiring services for gas compression at the Lakhmani GGS-5 facility under ONGC's Assam Asset.