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Lokayukta raids mining baron Janardhan Reddy's home, office

Karnataka Lokayukta Police on Tuesday raided the premises of former minister and mining baron Janardhan Reddy in Bellary, Karnataka for alleged illegal mining and possession of disproportionate......

Oil marketing companies likely to feel the heat of high crude oil prices

India’s trade account could come under pressure and there could be an inflation push if crude oil prices remain above the $90 per barrel (Brent) for a prolonged period since India imports......

Hurdles in biofuel use: Few vehicles, weak ethanol-blended petrol rollout

The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving......

Rising crude, uncertainty ahead of elections keep analysts wary of OMCs

While short-term volatility will persist, investors willing to look beyond the election cycle can remain invested in the stocks amid low valuations. Harshita Singh reports. Photograph: Vasily......

Aviation stocks may lose altitude over ATF prices, traffic seasonality

Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players.......

Investors may want to bottom fish in stocks of oil marketing companies

Margins for the oil refining and retailing sector have moved off their peaks, and the average integrated margins (refining plus marketing) for oil marketing companies (OMCs) have normalised.......

Out-of-turn promotion for Dutee: Odisha CM

Star sprinter Dutee Chand has been awarded an out-of-turn promotion in the Odisha Mining Corporation, Chief Minister Naveen Patnaik said on Monday, months after the athlete and the state......

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