Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government’s decision to cut retail prices of petrol and diesel could hurt the companies’......
Reliance Industries’ (RIL’s) consumer business is expected to lead earnings growth in the Q3FY24 performance, according to analysts. Photograph: ANI Photo While the energy business is......
After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. Photograph: Francis Mascarenhas/Reuters The......
The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent......
The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Photograph: Francis Mascarenhas/Reuters Apart from OPEC-plus cutting production,......