Saturday, 3 December, 2022
TopicIndian Oil Corp.

Topic: Indian Oil Corp.

India’s diesel sales fall 7% in November after reaching pre-Covid levels in October

The drop in sales is a reminder that the recovery path for India’s economy, which technically entered a recession last week, will likely be a bumpy one as Covid rages unabated.

Indian Oil plans for a clean future with 50 hydrogen-CNG buses in Delhi

Indian Oil will deploy 50 buses around the capital powered by a blend of hydrogen and CNG & the fleet could start rolling as soon as this year.

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 nears Rs 80 mark, diesel at new high after 16th price hike in a row

Petrol price in Delhi was hiked to Rs 79.56 per litre from Rs 79.23, while diesel rates were increased to Rs 78.55 a litre from Rs 78.27.

India cancels LPG shipment orders after over-estimating retail buying tempo

India’s 3 biggest state-owned refiners have negotiated cancellation of at least five cargoes of LPG due to arrive in May and June.

Modi cabinet to consider cutting govt stake in Indian Oil to below 51%

India can sell as much as 26.4% of its holding in Indian Oil — valued at about Rs 330 billion — and still retain indirect control. The govt is looking to raise a record Rs 1.05 trillion given sluggish revenue collection.

Petrol prices rise by 83 paise per litre and diesel by 73 paise days after election

Prices of petrol and diesel have been on the rise since the final phase of polling in the Lok Sabha elections ended on 20 May

Rupee has become hostage to oil price as India’s crude import bill surges

India's crude import bill has jumped 76% in July, pushing up dollar demand & forcing analysts to revise their Rupee forecasts.

Gautam Adani among 400 bidders for India’s latest city-gas licenses auction

Evaluation of bids in ninth round of auctions will run from 12 to 18 July, licenses expected to be awarded by October.

On Camera

YourTurn

File photo of Kerala Governor Arif Mohammed Khan | ANI

Arif Mohammad Khan vs Kerala govt isn’t a new faceoff. Old cases show Governor wears two hats

Under UGC provisions, a search committee is appointed to find suitable candidates for the V-C post. Governors make their selection from among these names.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.