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BusinessToday.In
New Delhi, May 24, 2018
The ministry plans to direct ONGC to sell its crude oil at below ruling international prices by capping the price at, say, $70 for the entire fiscal year. Oil India Ltd, the country's second largest hydrocarbon exploration and production PSU, will not be a part of this scheme.


BusinessToday.In
May 24, 2018
After Karnataka polls, the overall increase in the prices of petrol has been Rs 2.84 per litre whereas diesel has gone up by Rs 2.60 during the same period.


www.businesstoday.in
May 24, 2018



BusinessToday.In
May 23, 2018
The broader NSE Nifty closed 1.01 percent or 106 points lower at 10,430.35, while the benchmark BSE Sensex fell 0.88 percent or 306 points to 34,344.91. Both the indexes fell over 1 percent in the last hour of trading.


BusinessToday.In
May 23, 2018
Moody's said Oil and Natural Gas Corp and Oil India face increasing risk that govt will require them to share in fuel-subsidy burden, as oil prices rise. Firms have not contributed to fuel subsidies since June 2015, but had paid for over 40 percent  of the annual subsidy bill in previous years, Moody's said.


www.businesstoday.in
May 23, 2018



www.businesstoday.in
May 23, 2018



BusinessToday.In
May 23, 2018
A tougher option could be to finally bring petrol and diesel under GST, which has been dangled as a lollipop for a long time. Even at a prohibitive 18 per cent tax rate, petrol would barely cost Rs 45.75 per litre.


www.businesstoday.in
May 22, 2018



Sumant Banerji
May 21, 2018
Petrol price has hit a record high of Rs 76.57 per litre in Delhi, beating the previous all time high of Rs 76.06 of September 2013 after oil marketing companies raised prices by 33 paise on Monday.


www.businesstoday.in
May 17, 2018



Sonal Khetarpal
New Delhi, May 15, 2018
In India, an estimated 4.2 per cent of total hours worked were lost in 1995 due to high heat levels, amounting to 15.1 million full-time jobs.


www.businesstoday.in
May 8, 2018



www.businesstoday.in
May 7, 2018



www.businesstoday.in
May 3, 2018



www.businesstoday.in
May 2, 2018



www.businesstoday.in
May 2, 2018



Reuters
May 2, 2018
Annual output growth was 4.2 per cent during the 2017-18 fiscal year that ended in March, lower than 4.8 per cent in the previous year, and dragged down by slower growth in the production of coal, steel and electricity.


www.businesstoday.in
May 1, 2018



Anilesh S Mahajan
New Delhi, April 30, 2018
Finance ministry officials are feeling the heat and not just because of the summer. India imported 18.7 million tonne (MT) of crude oil in March at an average price of $63.8 per barrel while it was $63.54 per barrel in February.


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