Lower crude oil costs and higher marketing margins are expected to raise the fortunes of oil marketing companies (OMCs) in the first quarter (Q1) of 2023-24 (FY24), while city gas distribution (CGD) companies could also benefit from lower spot prices of liquefied natural gas (LNG). However, in a break from the past, growth trends are expected to diverge for various segments within the broad energy sector. Analysts expect the earnings from gas production to go down for upstream national oil and gas companies such as Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) due to the introduction of the new domestic gas pricing regime on April 1. After showing steep losses over the first half of 2022-23 (FY23), the marketing margins of OMCs have steadily recovered in four months.
Congress MPs staged a protest in front of the Gandhi statue in Parliament complex demanding an apology from the government for Irani's confrontation with Congress president Sonia Gandhi on Thursday.
Images from the T20 World Cup Group C match between the West Indies and New Zealand in Trinidad on Thursday.
With five consecutive defeats, bottom-placed RCB have the daunting task of winning their remaining seven games to keep their play-off prospects alive.
'aris can be boiling hot in July. The choice of viscose over cotton was deliberate. Cotton would have crushed badly. We used viscose because it is a wood pulp fibre and lets you breathe. It is cooler than silk. We had to consider breathability because the athletes would be on a barge, in the heat, for up to five hours.'
Hundreds of people are still seen attending the rallies without wearing face masks and pushing and shoving each other for space.
Ailing Rashtriya Janata Dal chief Lalu Prasad has returned to his home turf Bihar, amid escalating political temperatures over issues of caste census, the Rajya Sabha biennial polls and the Central Bureau of Investigation (CBI) registering yet another corruption case against the septuagenarian.
The gangster-politician was booked in 65 criminal cases ranging from murder to extortion and was elected an MLA five times on the tickets of different political parties.
A heat wave in India has already claimed more than 1,800 lives
IMAGES from the IPL 2024 Eliminator played between Royal Challengers Bengaluru and Rajasthan Royals in Ahmedabad, on Wednesday.
That's a real big deal for this store-owner in a small village off Agra which goes without power for several days at a stretch.
Images from the Euro 2024 Group E matches between Slovakia and Romania, Ukraine and Belgium, in Germany on Wednesday.
Smarting from back-to-back defeats, defending champions Chennai Super Kings will be desperate to return to winning ways when they face a formidable but bruised Sunrisers Hyderabad in the IPL match in Chennai on Sunday.
With the athletes bidding goodbye to Paris after another bone-tingling edition of the Olympics, Norma Astrid Godinho/Rediff.com, shares some interesting nuggets that made the Paris Olympics an event to remember!
Second-half strikes by Federico Valverde, Brahim Diaz and Endrick gave feeble Real Madrid an unconvincing 3-0 win over lowly Real Valladolid.
Dwyane Wade turned on the style as the Miami Heat clinched a place in the NBA Eastern Conference finals with a 105-93 win over the Indiana Pacers in Game Six on Thursday.
It is being probed whether the woman hit her husband using only her fist or some object, the police official said, adding that the exact cause of death will be known only after the autopsy.
Voters include 8.4 crore men, 8.23 crore women and 11,371 from third gender. There are as many as 35.67 lakh first time voters, besides 3.51 crore young voters in the age group of 20-29 years.
In the 76 years since India gained independence, 53 recipients of the Bharat Ratna have been there. That's less than one every year, which is a healthy ratio given there is the sanctity of this gem of an award to preserve. But four recipients for the year were announced in a few days in addition to one announced earlier. That took the total number in 2024 to five in less than a month, the highest for any year, post-Independence, notes Shyam G Menon.
With red carpets a no-go and limited traveling, it's the fresh-faced selfies that are gathering most notice.
In the summer, we tend to eat less and drink more. Avoid large portions of food, as they will be difficult to digest and may cause you to feel tired and lazy. Instead, have frequent and small portions of meals, which will keep them fresh and light, suggests Dr Shoaib Sangatti, emergency physician, Ruby Hall clinic, Wanowire.
Gukesh Dommaraju played black but managed to hold on for a gutsy draw to split points in the Prague Masters Chess tournament.
The genesis of India's most-loved dish may go to canny cooks in the Mughal era, notes Sandeep Goyal.
The injury forced Smith to wear a wrist brace and miss the white ball tour of South Africa.
The World Meteorological Organisation (WMO) has officially confirmed that 2023 is the hottest year on record by a huge margin, smashing global temperature records.
Cricketer Yusuf Pathan will contest from the Baharampur Lok Sabha seat, whereas Kirti Aazd will fight from the Bardhaman-Durgapur constituency.
The Miami Heat defeated the Chicago Bulls 83-72 in an ill-tempered and physical encounter between the top two teams in the Eastern Conference on Thursday.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
The deterioration in the market mood has directly impacted fund-raising plans of real estate developers, many of whom have either delayed their initial public offers or have decided to go slow.
Litmus test awaits India and MS Dhoni in second ODI against South Africa.
Parul Chaudhary became only the second Indian female athlete to qualify for the final of a track event at the World Athletics Championships.
In an apparent reference to Sonia Gandhi, Modi said some INDIA bloc leaders left the Lok Sabha and moved to the Rajya Sabha as they have no courage to contest elections.
Political temperatures were soaring in several states that could see close contests, with parties trying to keep their flock together and trading accusations of poaching of MLAs.
The ruling Congress is seeking to retain power in Chhattisgarh by banking on the welfare schemes of the Bhupesh Baghel government, while the Bharatiya Janata Party is hoping to corner it on the issues of alleged corruption, religious conversions and unfulfilled poll promises.
Australian great Ian Chappell blamed the batters for wasting too much time in the middle in Test cricket.
Windies were restricted in their second innings by economical seamer Josh Hazlewood (3-23) and spinner Nathan Lyon (3-42).
Pratik Gandhi's emotional range makes him a treat to watch while Vidya is as wild as she's wise, observes Sukanya Verma.
