Sunday, 26 June, 2022
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

YourTurn

A fire rages in the Taj Mahal Palace and Tower hotel during the 26/11 Mumbai attacks | Prashanth Vishwanathan/Bloomberg News

Quiet conviction of 26/11 mastermind Sajid Mir shows Pakistan’s flimsy terror crackdown

LeT’s 26/11 operational head Sajid Mir was secretly tried and convicted last week, days before Pakistan’s fate is decided by terror-finance watchdog FATF.
Illustration: Ramandeep Kaur | ThePrint

Does breaking up big states boost economy? Data doesn’t back up hype, says Indian study

The study by researchers at Indira Gandhi Institute of Development Research looked at economic impact of reorganising Uttar Pradesh, Madhya Pradesh, and Bihar in the year 2000.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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