Jefferies has cut its price target on BPCL to ₹330 to ₹370 earlier and for Indian Oil to ₹150 from ₹170 earlier, although it ...

HPCL share price plunged as much as 7.58% to ₹318.70 apiece, BPCL stock price declined 5.20% to ₹242.30, while IOC shares cracked as much as 4.30% to ₹120.10 apiece on the BSE.

The under-recovery burden for OMCs stands at Rs 14,330 crore for IOCL, Rs 7,600 crore for HPCL, and Rs 7,230 crore for BPCL ...

Expert warns that it would be better to come up with a stricter regulation that clearly states who deserves the subsidized ...

Jakarta. Energy and Mineral Resources Minister Bahlil Lahadalia assured on Monday that there is no shortage of subsidized ...

Emkay Global Financial is bullish on Indian Oil has recommended buy rating on the stock with a target price of Rs 160 in its ...

The Federal Government is subsidising electricity supply by N200 billion monthly, Special Adviser to the President on Energy, Mrs. Olu Verheijen, said yesterday. She spoke as the government explores ...

Shares of state-owned oil marketing companies (OMCs) are under pressure, falling by up to 7 per cent on the BSE in Monday’s ...

Olu Verheijen, special adviser to President Bola Tinubu on Energy, has clarified recent media reports suggesting a 65 percent ...

Indian shares dropped on Monday after U.S. President Donald Trump imposed sweeping tariffs on Canada, Mexico and China, ...

One of the central reforms Verheijen highlighted was the Presidential Metering Initiative (PMI), aimed at rolling out 7 ...

In addition to addressing issues within the national grid, the government is implementing fiscal incentives—including VAT and ...