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Sunday, November 3, 2024
TopicOil and gas companies

Topic: Oil and gas companies

2 options & a win-win — high crude prices can spell windfall gains of Rs 80,000 cr+ for govt

Windfall gains of Rs 84,400 crore-86,000 crore from higher crude prices could help the government bridge a shortfall that may occur in meeting its fiscal deficit target for 2022-23.

Our oil sector is dominated by financially strong PSUs. Monetisation may not benefit it

Oil PSUs are not really dependent on the proceeds from asset monetisation for raising resources for the new infrastructure projects planned by them.

ULFA(I) abduction of Quippo staff ‘desperate’ yet dark reminder of Assam’s insurgency past

ULFA(I) abducted two 2 working with oil firm Quippo on 21 December last year. It has since demanded Rs 20 crore in ransom, issued threats, and extended deadline for payment.

Global analysts are ratcheting up their profit forecasts for Indian equities

Fundamentals of corporate India are improving & projections for next year’s earnings at S&P BSE Sensex Index companies has jumped to a record high.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.