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Last Updated:May 12, 2026, 03:25 IST A report said losses suffered by IOC, BPCL and HPCL in April-June quarter may wipe out their entire annual profit of Rs 76,000 crore. Oil tankers parked outside the Indian Oil Corporation refinery, in Mathura. (IMAGE: PTI) India’s state-run fuel retailers are staring at first-quarter losses large enough to…
Last Updated:April 13, 2026, 07:34 IST Indian stocks seen opening sharply lower as Trump orders US Navy blockade of Strait of Hormuz, Asian markets fall, oil jumps about 11 percent above 100 dollars per barrel Markets may open lower this week after US–Iran talks collapse, reviving global risk concerns The Indian equities market is likely…
Last Updated:March 27, 2026, 10:38 IST The decision will not translate into lower retail fuel prices anytime soon, as the move is primarily aimed at shielding OMCs rather than passing on benefits directly to consumers. Petrol, Diesel Prices On March 27. Excise Duty On Petrol, Diesel Slashed: The government on Friday cut excise duty on…