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Petroleum And Natural Gas

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Leaders pay rich tributes to Rakesh Jhunjhunwala

Prime Minister Narendra Modi, several Union ministers and leaders from various parties on Sunday condoled the demise of veteran stock market investor Rakesh Jhunjhunwala, and lauded his......

Manik Saha faces his biggest challenge

In Tripura, the challenge for the chief minister is less from the alliance partners and more from his own party, the BJP. IMAGE: Tripura Chief Minister Manik Saha interacts with a voter during a......

Press clubs deny space for Kashmir Files director's press conference

Turned away by the Foreign Correspondents Club and the Press Club of India, The Kashmir Files director Vivek Agnihotri says he has been banned ”undemocratically” and will go ahead with......

In US, Jaishankar replies to questions on Russian oil import

India's total purchase of oil from Russia in a month is probably less than what Europe does in an afternoon, External Affairs Minister S Jaishankar said on Monday. IMAGE: External Affairs Minister......

Biden announces ban on Russian oil and gas imports

President Joe Biden on Tuesday announced that the United States would ban the import of Russian oil and gas, 'targeting the main artery of Russia's economy' in response to its invasion of Ukraine.......

ONGC net triples to Rs 15k cr on bumper oil, gas prices

India's top oil and gas producer ONGC on Friday reported a tripling of net profit in the June quarter as it earned record prices before the government slapped a tax on windfall profits arising from......

Rs 3,000 crore in govt kitty from windfall tax on oil and gas firms

The Centre has garnered around Rs 2,500-3,000 crore in the first five weeks after it imposed a windfall tax on oil and gas companies for the export of fuel, Business Standard has learnt.......

Wholesale price-based inflation eases to 15.18% in June

The wholesale price-based inflation eased to 15.18 per cent in June on lower prices of manufactured and fuel items, even though food articles remained costly. Photograph: ANI Photo The Wholesale......

$12 bn bonanza for govt from windfall tax on oil firms

The windfall taxes on domestic crude oil production and fuel exports will generate close to $12 billion (Rs 94,800 crore) for the government in the remainder of the current fiscal while trimming......

Govt slaps export tax on petrol, diesel, ATF; windfall tax on crude oil

The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) while also joining nations like the UK in imposing a windfall tax on crude oil produced locally. Illustration:......
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