ONGC

The government has hiked the windfall profit tax on export of diesel to Re 1 per litre while the levy on domestically produced crude oil has been cut by a fifth, according to an official order.The levy on crude...

Lok Sabha member Tokheho Yepthomi has suggested exploration of oil and natural gas to boost the State’s economy through royalty from oil revenue.Addressing media persons here at Hotel Acacia, Tokheho pointed out that Nagaland was losing approximately Rs 5...

The net profit of operating public sector enterprises jumped 50.87 per cent to Rs 2.49 lakh crore during 2021-22, with ONGC, Indian Oil Corp, Power Grid, NTPC and SAIL emerging as the top five performers, according to a government...

The government on Friday cut the windfall profit tax on locally-produced crude oil in line with a fall in international rates, and reduced the levy on export of diesel and jet fuel (ATF) with effect from September 17.At the...

Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places.The nation’s biggest life insurer with revenue of USD 97.26 billion and a profit of USD 553.8 million, was...

The government on Wednesday scrapped a windfall tax on the export of petrol and cut the levy on overseas shipments of diesel and ATF as well as on domestically produced crude oil following a decline in global oil prices.While...

Union Minister of State for Petroleum and Natural Gas, Rameswar Teli on Monday said that gas pipelines would be laid across all the North eastern states.He said the project to lay the gas pipeline would be executed by Indradhanush...

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman is scheduled to arrive Nagaland on July 4 on a three-day visit.She would be addressing a series of conclaves on Corporate Social Responsibility (CSR), Bankers and Investors Meet at the...

The government on Friday slapped an export tax on petrol and diesel after some refineries made “phenomenal profits” shipping overseas at the cost of domestic supplies, and imposed a Rs 66,000 crore windfall tax on crude oil produced locally.A...

The government on Wednesday allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuel, such as petrol and diesel, as it deregulated one of the last few avenues...