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New Delhi, Mar 11 (PTI) India's state-owned oil marketing companies - Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited - are under pressure from rising global crude and gas prices, limited domestic fuel price pass-through, and dependence on imported energy, global rating agencies said. India imports 88 per cent of its crude and nearly half its natural gas, with 30-55 per cent of supplies passing through the Strait of Hormuz. Strat ...Read More >
New Delhi, Mar 11 (PTI) 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 on Wednesday. "Domestic retail prices of fuels have remained largely steady since April 2022, despite swings in global oil and gas prices and the country's high dependence on imports," Moody's said i ...Read More >
New Delhi, Mar 2 (PTI) Shares of oil marketing companies and paint manufacturers declined on Monday in-line with a weak trend in equities as deepening conflict in West Asia drove crude oil prices higher. The stock of Indian Oil Corporation tumbled 4.53 per cent, Hindustan Petroleum Corporation Ltd dropped 3.36 per cent, and Bharat Petroleum Corporation Ltd declined 2.81 per cent on the BSE. "A sustained rise in oil remains a key monitorable for India, given its implications on inflation, fisca ...Read More >
New Delhi, Dec 16 (PTI) India is set for a power-packed presence at the World Economic Forum Annual Meeting in Swiss ski resort town of Davos next month with four union ministers including Ashwini Vaishnaw and Shivraj Singh Chouhan set to join five CMs and over 100 CEOs from the country. K Ram Mohan Naidu, Minister for Civil Aviation, and Pralhad Joshi, Minister for New & Renewable Energy, Consumer Affairs, and Food & Public Distribution, will also be part of the Indian delegation at the five-d ...Read More >
Itanagar, Oct 28 (PTI) Arunachal Pradesh Chief Minister Pema Khandu on Tuesday reiterated the state government's strong commitment towards sports and youth empowerment. "For us, sports is not just about competition; it is about character-building, discipline, teamwork, and resilience. These values shape great citizens as much as they shape great athletes," Khandu said after inaugurating the 69th National School Games 2025 (Under-17 Boys & Girls - Boxing) at the Khelo India Indoor Stadium here. ...Read More >
Hyderabad (Telangana) [India], October 28 (ANI): India's petroleum and energy sector is undergoing a transformative expansion, poised to play a defining role in shaping the global energy future, said Hardeep Singh Puri, Minister of Petroleum and Natural Gas, on Tuesday. Addressing the inaugural session of the Energy Technology Meet in Hyderabad today, he stated that India's energy journey reflects remarkable progress, driven by visionary policy frameworks, rapid innovation, and sustained invest ...Read More >
NEW DELHI: India's largest oil refiner and fuel retailer, IndianOil, on Monday said it will comply with international sanctions, without referring to the latest US curbs on Rosneft and Lukoil -- two of the largest Russian crude exporters."We will abide by all sanctions imposed by the international community," company chairman Arvinder Singh Sahney said but declined to specify whether IndianOil will stop buying discounted Russian crude.IndianOil is the second Indian refining entity after private ...Read More >
Indian Oil Corporation (IOC), India's biggest oil company, said on Monday that it will comply with all applicable sanctions regarding purchases from Russia. "We will abide by all sanctions imposed by the international community," said IOC Chairman Arvinder Singh Sahney. He, however, refused to comment on the IOC's purchases of Russian oil. Data shows that Russian oil made up 21% of the crude oil IOC imported during April-September. Indian refiners are likely to cut down or pause the import of ...Read More >
More than 300 companies are set to announce their results for the second quarter of FY 2025-26 next week. The financial metrics will provide critical insights into the company's performance in the July-September quarter. The upcoming Q2FY26 results will also help to predict their future trajectory. As the companies span across major sectors, the results will also help investors and analysts gauge the broader trends in various industries. Prominent companies scheduled to announce results include ...Read More >
New Delhi: Reliance Industries Ltd, India's largest buyer of discounted Russian oil, plans to scale back imports following fresh US sanctions on Moscow-linked firms, dealing a significant blow to billionaire Mukesh Ambani's conglomerate. State-run refiners, however, may continue purchases through intermediary traders for now, industry officials said. Reliance, which operates the world's largest single-site oil refining complex at Jamnagar in Gujarat, purchased about half of the 1.7-1.8 million ...Read More >
NEW DELHI: Indian refiners are poised to sharply curtail imports of Russian oil to comply with new U.S. sanctions on two top Russian producers, industry sources said on Thursday, potentially removing a major hurdle to a trade deal with the United States. The change comes as India faces punishing 50% tariffs on its exports to the U.S. - with half of those duties in retaliation for Russian oil purchases - and negotiates a potential trade deal that could bring those tariffs in line with Asian peer ...Read More >
New Delhi, Oct 23 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd, India's biggest buyer of discounted Russian oil, plans to scale back imports of Russian crude oil following fresh US sanctions on Moscow-linked firms, sources said. State-run refiners, however, may continue purchases through intermediary traders for now, industry officials said. Reliance, which operates the world's largest single-site oil refining complex at Jamnagar in Gujarat, purchased about half of the 1.7-1.8 mil ...Read More >
New Delhi, Oct 23 (PTI) US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through intermediary traders for now. Industry sources said public-sector units are assessing compliance risks but are unlikely to halt Russian crude flows immediately as they buy almost all of their needs from traders, mostly European (who are out of the sanctions net). Billionaire Mukesh Amban ...Read More >
Bengaluru: Riding on the success of the electric two- and three-wheeler revolution, Karnataka is now accelerating efforts to electrify heavy vehicles, particularly buses and trucks. The govt is preparing to submit a detailed proposal under the Centre's PM E-Drive scheme to establish 1,500 high-capacity EV charging stations across the state, each supporting fast charging in the 60kW to 240kW range -- sufficient to power heavy vehicles for long-distance operations.The move marks the next phase in ...Read More >
BPCL Unveils 'Zero Ka Dum' Certification Drive, Setting New Benchmarks in Operational Excellence Sanjay Khanna, C & MD and Director (Refineries), BPCL 5 min read Last Updated : Oct 18 2025 | 7:20 PM IST NewsVoir Mumbai (Maharashtra) [India], October 18: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and one of India's leading integrated energy enterprises, has achieved a significant milestone in its LPG business with the nationwide expansion of the 'Zero Ka Dum' (Z ...Read More >
Kedia Advisory - Crude oil yesterday settled lower by 1.68% at 5,145 as investors reacted to concerns over a potential supply surplus and renewed trade tensions between the U.S. and China. The International Energy Agency (IEA) forecasted that the global oil market could face a surplus of up to 4 million barrels per day in 2026, significantly higher than earlier estimates, amid rising output from OPEC+ and sluggish demand growth. The ongoing U.S.-China trade dispute, with both nations imposing ne ...Read More >
New Delhi, Oct 17 (PTI) As 13-year-old Murshid lay bleeding on the side of a busy south Delhi road in his school uniform beside his mangled bicycle, writhing in pain and calling for help, passersby stood still, some watching, others holding up their phones to record. No one came forward to help their boy, his family alleges. Moments earlier, the Class 8 student had returned home from school after writing an exam. He asked his elder sister, Tarana, for 20 rupees to buy samosas for the two of the ...Read More >
A PCR call was received on Wednesday regarding an accident near the Indian Oil petrol pump in Vasant Kunj. A police team reached the spot and found a boy lying unconscious on the road along with a damaged bicycle, a senior police officer said. A 13-year-old boy died after being hit by a speeding Thar in south Delhi's Vasant Kunj, police said on Friday. A PCR call was received on Wednesday regarding an accident near the Indian Oil petrol pump in Vasant Kunj. A police team reached the spot and f ...Read More >
Cochin Shipyard and Mazagon Dock signed MoUs with Tamil Nadu agencies to set up major shipbuilding complexes. Image: Pixabay | representational With the government announcing investments to the tune of Rs 69,725 crore for shipbuilding and maritime reform in India this year, the sector is entering a promising phase of growth. Shipbuilding, often termed the "mother of heavy engineering", plays a central role by generating employment, attracting investment, and strengthening national security and ...Read More >
New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. Also Read | OnePlus 15, OnePlus Ace 6 Launch Expected in China on Octobe ...Read More >
PNN New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. A Sea of Opportunity Despite having one of the world's longest coa ...Read More >
New Delhi [India] October 3 (ANI): Saumitra P Srivastava has assumed charge as Director (Marketing) at IndianOil, bringing with him a distinguished career spanning over three decades. An academic stalwart, Srivastava is a Civil Engineering Graduate from IIT Roorkee and holds an Executive MBA from SP Jain Institute of Management & Research, Mumbai, a release said. His career has been instrumental in shaping key business segments, starting with an initial four-year tenure in the LPG business bef ...Read More >
New Delhi [India], October 2 (ANI): Another day and another 1-2 for India in javelin at the ongoing IndianOil New Delhi 2025 World Para Athletics Championships at the Jawaharlal Nehru Stadium on Tuesday. On Monday, Rinku and Sundar Singh Gurjar clinched gold and silver in the F46 category, and today Sandip Sanjay Sargar and Sandeep Chaudhary emulated them in the javelin F44 category. Sargar was quick to admit Rinku and Gurjar's performance was on the back of his mind. He also revealed he was in ...Read More >
New Delhi [India], October 1 (ANI): Oil marketing companies have revised the prices of commercial LPG cylinders, effective from Wednesday, October 1. The rate of a 19 kg commercial LPG cylinder has been increased by Rs 15.50. Following the revision, the retail sale price of a 19 kg commercial LPG cylinder in Delhi will be Rs 1595.50 from today. The hike comes as part of the regular monthly revision in LPG prices by oil marketing companies. However, there has been no change in the prices of 14 ...Read More >
New Delhi [India], October 1 (ANI): Oil marketing companies have revised the prices of commercial LPG cylinders, effective from Wednesday, October 1. The rate of a 19 kg commercial LPG cylinder has been increased by Rs 15.50. Also Read | Jaunpur: 75-Year-Old Farmer Marries 35-Year-Old Bride, Dies the Morning After Wedding in UP. Following the revision, the retail sale price of a 19 kg commercial LPG cylinder in Delhi will be Rs 1595.50 from today. The hike comes as part of the regular monthly ...Read More >
The ESG policy has been formulated on the basis of the assessment that environmentally friendly and relatively low-polluting industries are suitable for the State's industrial ecosystem. Kerala has now become the first State to implement a comprehensive ESG policy, says Rajeeve The Cabinet on Tuesday approved an environmental, social, and governance (ESG) policy to implement a governance framework for investments in the State. The ESG policy has been formulated on the basis of the assessment t ...Read More >
India's industrial gas demand is falling. Factories now prefer cheaper LPG and wood briquettes. Crude oil prices make natural gas expensive. LPG prices are lower than natural gas. Biofuels also reduce gas sales. Overall gas consumption dropped this fiscal. Power and refinery sectors cut gas use. City gas and petrochemicals show growth. India's industrial demand for natural gas is weakening as factories increasingly turn to cheaper alternatives such as LPG and wood briquettes. With crude steady ...Read More >
"These MoUs are a testament to India's maritime resurgence. By fostering collaboration between states, industries and global partners, we are unlocking a new era of shipbuilding and port-led growth. This is not only about infrastructure, it is about creating jobs, empowering communities and establishing India as a leading maritime nation in the world," added Sonowal. A MoU Exchange Ceremony took place on the eve of the "Samudra Se Samriddhi - Transforming India's Maritime Sector" programme on S ...Read More >
NewsVoir New Delhi [India], September 29: The ESG Research Foundation (ESGRF), a leading Section 8 not-for-profit organization, successfully concluded its prestigious 3rd Prithvi Award ceremony at the Hotel Shangri-La, New Delhi, September 27, 2025. The event recognized and honoured more than 25 organizations for their outstanding contributions to environmental protection and sustainability. The ceremony was graced by Shri Arjun Ram Meghwal, Hon'ble Union Minister of Law and Justice and Minist ...Read More >
Bhavnagar (Gujarat) [India], September 28 (ANI): A MoU Exchange Ceremony took place on the eve of the "Samudra Se Samriddhi - Transforming India's Maritime Sector" programme on September 19 at Bhavnagar, Gujarat. According to the Ministry of Ports, Shipping and Waterways' release, this event was addressed by Prime Minister Narendra Modi, in which a number of projects pertaining to the maritime sector were launched. Also Read | Karur Tragedy: Madras High Court Cancels Urgent Hearing on Stampede ...Read More >
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