Search For "crude"
Paint sector in India will double by FY27 to 7.8 bn litre per annum: CRISI
Updated : 1 year, 9 months ago IST
This surge will be fuelled by investments amounting to around Rs 19,000 crore, including significant contributions from a new major player entering the market.
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JSW Steel production declines in May due to maintenance shutdown
Updated : 1 year, 9 months ago IST
The crude steel production was lower year-on-year mainly due to a planned maintenance shutdown for one of the Blast Furnaces at Dolvi, the company said. The Blast Furnace has been restarted in the first week of June.
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ONGC invites global bid for technical services to enhance production from
Updated : 1 year, 9 months ago IST
Oil and Natural Gas Corporation (ONGC) announced to engage a globally-proven Technical Service Provider to enhance production from Mumbai High, the company informed in a social media post on Friday.
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How Do Global Indices Impact the Indian Stock Market?
Updated : 1 year, 9 months ago IST
New Delhi [India], June 6: The Indian stock market is impacted by both macroeconomic and microeconomic factors, with macroeconomic variables influencing the entire economy or sectors and microeconomic factors focused on individual stocks. Following globalisation, the Indian stock market has
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Crude oil prices plunge by 541 points despite OPEC+ extending production c
Updated : 1 year, 9 months ago IST
The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, revealed that they would continue to enforce substantial oil production cuts totalling 5.86 million bpd.
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Government revises domestic natural gas prices to USD 8.44 per mmBtu for J
Updated : 1 year, 9 months ago IST
The domestic natural gas price, however, will continue to remain at USD 6.5 for the month, as per the formula used for the calculation of prices.
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Combined index of eight core industries soars by 6.2 pc in April 2024: Pos
Updated : 1 year, 9 months ago IST
According to the latest data released by the government, the production of electricity, natural gas, coal, steel, refinery products, crude oil, and cement exhibited notable growth during April 2024, underscoring the resilience of these core sectors.
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Profit of oil companies will decrease in FY25 as refining margin drops
Updated : 1 year, 9 months ago IST
The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of Indian Refiners moderated to an average of USD 10 - 12/bbl. According to a report by CareEdge ratings, the GRM of oil companies will reduce further to USD 6-8 in FY25
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ONGC declares highest ever standalone profit in FY24
Updated : 1 year, 9 months ago IST
The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oil production of the company has surged by 2.4 per cent quarterly to 5.359 MMT in Q4 FY24.
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Despite Geo political challenges Indian exports to grow in FY25
Updated : 1 year, 10 months ago IST
India's trade deficit faces limited near-term challenges from ongoing geopolitical uncertainties, though it remains an important area to monitor, says a recent outlook report by Crisil on India's trade deficit.
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India again slashes windfall tax on petroleum crude
Updated : 1 year, 10 months ago IST
India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to regulate private refiners who wanted to sell fuel overseas instead of locally, to gain from firm refining margins.
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India leads surge in demand as oil anxiety subsides and gold prices rise
Updated : 1 year, 10 months ago IST
In April 2024, Brent Crude Oil prices hovered around USD 89.4 per barrel, experiencing a slight ease due to concerns over global demand and a stronger dollar index.
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