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Sunday, May 18, 2025
TopicHPCL

Topic: HPCL

Fuel rates unchanged for 365 days & counting. Why it may be time to return to dynamic pricing

Fuel prices were first kept static to protect consumers from rise in oil prices, and then for OMCs to recover losses. With OMCs in profit now, daily pricing mechanism can be restored.

Diesel price falls below Rs 73 per litre, petrol rate reduced for second time in 6 months

While petrol price was cut by 13 paise per litre on Saturday, diesel rates dropped by 12 paise, price notification of state-owned fuel retailers said.

Petrol, diesel prices rise for 7th day in a row, rates go up by about half a rupee

Petrol price in Delhi was hiked to Rs 75.16 per litre from Rs 74.57, while diesel rates were increased to Rs 73.39 a litre from Rs 72.81.

CBI to ‘soon question’ former brass of state-run paper firm in Rs 144 crore bamboo scam

Multiple former senior officials of Hindustan Paper Corporation have been booked for allegedly purchasing bamboo & pulp at high rates despite cheaper alternatives.

Next problem for Indian economy: Fuel shortage for domestic shipping

Ships hauling everything from coal to iron ore & consumer goods on domestic routes may run out of fuel as India struggles to meet new environmental standards.

Modi govt puts oil PSU mergers on hold, ‘no room for experiments’ now

Former finance minister Arun Jaitley had earlier pushed for ONGC and HPCL merger, which has not been smooth.

ONGC says it’s not facing a fund crunch despite falling cash balance

ONGC’s cash balance fell to Rs 167 crore in Sept 2018 from Rs 9,511 crore in March 2017, but it says it has enough to finance current and future projects.

ONGC cash reserves crash to Rs 167 crore from Rs 9,511 crore in 1.5 years under Modi govt

ONGC’s cash & bank balances hit Rs 167 crore in Sept 2018, down from Rs 9,511 crore in March 2017, following the acquisition of HPCL and other govt diktats.

Modi govt promised to raise India’s crude oil output – but it actually dropped last 5 yrs

Higher crude imports went unnoticed due to global prices, analysts say. Modi govt says ‘made considerable progress, but it takes time’.

As Delhi battles pollution, Tata Power looks to tap into electric vehicles charging market

So far, lack of charging infrastructure has been one of the biggest hurdles to India’s ambitions to ensure more electric vehicles on its roads.

On Camera

My plea to automakers—I really want some buttons, it makes driving easier

The MG Windsor takes the lack of buttons to another level. For example, there is no dedicated button to control the outside rear-view mirrors.

Northeast set for economic take-off with Rs 1.12 lakh cr in investment commitments from Tata, Reliance

Driving this wave of interest is the upcoming Rising North-East Investors Summit in New Delhi, organised by the Ministry for Development of the North Eastern Region.

Op Sindoor: Inside story of what led Pakistan DGMO to make frantic calls for ‘ceasefire’

India used multiple types of aircraft, air to surface missiles & air defence systems to inflict damage to PAF. Almost all strikes were covered by high-res recon UAVs & satellites.

Pakistan has a 7-year terror itch. Here’s a two-minus-one-front idea to cure it

Pakistani establishments and their proxies are prone to severe, predictable 7-year-itch. Each step up the escalation ladder buys India about this many years of deterrence on average.