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Hindi News Business Indian Markets See FPI Outflows | Oil Companies Face ₹1 Lakh Crore Loss New Delhi1 hour ago copy link Yesterday’s big news was related to oil companies. Oil companies are incurring a loss of ₹1,700 crore every day. According to PTI sources, these companies have suffered a loss of more than ₹1…
Hindi News Business Indian Markets See FPI Outflows | Oil Companies Face ₹1 Lakh Crore Loss New Delhi23 minutes ago copy link Yesterday’s big news was related to oil companies. Oil companies are incurring a loss of ₹1,700 crore every day. According to PTI sources, these companies have suffered a loss of more than ₹1…
Hindi News Business Global Tensions Fuel Oil Price Hike Fear; Govt Absorbs Rs 1 Lakh Cr Burden New Delhi1 hour ago copy link Due to the ongoing war in West Asia, international crude oil prices have increased by 50%. Despite this, the prices of petrol and diesel in the Indian market have remained stable at…
Despite the rising prices of crude oil in the international market, due to lack of increase in retail rates, companies are incurring losses on every liter of petrol and diesel. According to rating agency ICRA, oil companies are facing a loss of ₹ 14 per liter on petrol and ₹ 18 per liter on diesel….
Due to rising prices of crude oil, petrol may become costlier by ₹ 18 and diesel by ₹ 35 per liter. The report of foreign brokerage firm Macquarie states that despite crude oil being expensive, the prices of petrol and diesel in the country are stable. Companies are incurring losses due to this. In such…