Tag: ONGC

India has more than a 'BIT' of a problem on trade & investment negotiations
Posted in Economy

India has more than a ‘BIT’ of a problem on trade & investment negotiations

India’s model bilateral investment treaty (BIT) and the finance ministry’s firm stance against amending it are becoming significant roadblocks for trade negotiators, according to a…

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windfall tax: Govt scraps windfall tax on petrol, diesel exports; big relief for Reliance, ONGC
Posted in Economy

windfall tax: Govt scraps windfall tax on petrol, diesel exports; big relief for Reliance, ONGC

The Government on Monday scrapped the windfall tax on Aviation Turbine Fuel (ATF), crude products, petrol and diesel products, after months of deliberations. The move,…

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Oil and gas import bill rises 20% to $69b in H1 of FY25
Posted in Economy

Oil and gas import bill rises 20% to $69b in H1 of FY25

New Delhi: India’s net oil and gas import bill rose a fifth to $69 billion in the first half of the current fiscal year as…

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Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Posted in Business

Nifty, Sensex open on higher note amid positive global cues, IT shares rally

Aug 26, 2024 10:01 AM IST Sensex and Nifty opened higher due to positive global cues, with major gains in ONGC, Wipro, and Tech Mahindra….

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ONGC’s total investment in OPaL so far will also thus, add up to Rs.22,728 crore
Posted in Business

Government approves ONGC’s Rs.18,365 crore additional investment proposal in OPaL to increase petrochemical presence

Aug 10, 2024 07:19 PM IST The government has approved ONGC’s additional invetsment in petrochemical complex OPaL for the oil and gas major to diversify…

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ONGC (File photo)
Posted in Business

ONGC’s Q1 net profit falls 34% on lower oil prices and output

The net profit of Oil and Natural Gas Corporation (ONGC) fell over 34 per cent in June quarter on decline in oil prices and lower…

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