MUMBAI: State-owned refineries in India have seen their gross refining margins, (GRMs) a key metric of profitability, fall to a four-year low due the low prices of petrol and diesel which account for the bulk of sales for these firms. GRM is the ... IPA Newspack.com, 1 week ago
Mumbai: It's exactly 125 years since the first oil deposits were discovered in India. The big push to India's oil and gas sector came after the early 1990s, when it was opened up to private players. Yet, the sector is still dominated by public ...IPA Newspack.com, 1 month ago
NEW DELHI: Ending a delay that has raised doubts about whether the government's budget estimates on disinvestment will be met, the finance ministry is set to start its FY15 disinvestment programme in the first week of November, with a 5% stake sale ...IPA Newspack.com, 2 months ago
MUMBAI: The central government's decision to deregulate diesel prices might have come as a Diwali bonanza for fuel retailers and customers, but it also means increased competition in the fuel retailing segment. This could eat into the margins and ...IPA Newspack.com, 2 months ago
NEW DELHI: With international oil prices dropping to multi-year lows, government's oil subsidy bill is likely to be slashed by over 60 per cent in the current fiscal. The government currently controls diesel, domestic LPG and kerosene and ...IPA Newspack.com, 2 months ago
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