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Reliance Industries shares slip by 1% after profit decline in Q2
Shares of Reliance Industries Ltd fell by over 1% after reporting a net profit decline of 5% in the…
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory
The European Commission's president said the European Union could boost US liquified natural gas pu…
Huileng Tan
Sensex, Nifty draw back from lifetime highs on profit taking; HDFC Bank, ICICI major drag
The NSE Nifty dipped 37.10 points or 0.14 per cent to 26,178.95 after rising 61.3 points or 0.23 pe…
PTI
KRN Heat Exchanger & Refrigeration's IPO opened for subscription today. Should you invest?
From the funds raised, the company intends to invest Rs 242.5 crore in its wholly owned subsidiary…
Markets decline in early trade on profit-taking
Equity benchmark indices in Mumbai declined on Wednesday amid profit-taking and ahead of the monthl…
PTI
Russia's oil revenue plummeted 29% in October amid volatile global crude prices
One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% …
Jennifer Sor
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
ONGC declares highest ever standalone profit in FY24
The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oi…
ANI
Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra
A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…
Markets take a breather after record rally; settle marginally lower in volatile trade
The NSE Nifty dropped 32.40 points or 0.13 per cent to 25,356.50. Adani Ports was the bigges…
PTI
2 of the world's biggest oil producers are looking for new ways to power their economies
The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.
Huileng Tan
Reliance AGM 2024: Company aims to double retail business, Mukesh Ambani says not pursuing short-term profit
Reliance Industries, led by Mukesh Ambani, has laid out ambitious plans during its Annual General M…
Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins
Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…
PTI
Telangana: Drugs worth ₹14 crore seized, two arrested in operation by police
Telangana police, on Monday, busted an interstate drugs racket and arrested two men involved in the…
ANI
Oil India's Q2 net profit drops 81% on tax provisioning
State-owned Oil India Ltd's second quarter net profit dropped 81 per cent on a one-time provisionin…
PTI
Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports
The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…
PTI
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…
Huileng Tan
IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning
State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…
PTI
Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says
Western countries have bought billions of dollars worth of Russian oil from Turkish refiners, a stu…