fuel ministry dismisses adulteration claims

‘Over 2000 samples tested’: Oil ministry dismisses fuel adulteration claims, says only 2 cases detected

The govt assured strict action in case any contamination or adulteration is found The Ministry of Petroleum and Natural Gas on Tuesday said additional checks have been introduced to detect fuel contamination and adulteration, dismissing reports of fuel-quality issues.“Fuel quality is monitored on a regular basis by Oil Marketing Companies,” the ministry said, adding that…

Read Full News
msid 132845472imgsize 2343443.cms

Stock Market Today Highlights: Dalal Street closes in red; BSE Sensex tumbles over 200 points, Nifty50 closes below 24,700

Indian benchmark equity indices ended higher as investors cheered a sharp decline in crude oil prices and signs of easing geopolitical tensions in West Asia. BSE Sensex climbed 544.39 points, or 0.70%, to close at 78,639.03, while NSE Nifty advanced 390.70 points, or 1.60%, to settle at 24,774.30. It marked the fourth straight session of…

Read Full News
lic ofs draws strong institutional interest

LIC OFS off to a strong start as institutional investors subscribe 66% by noon

Government’s stake sale in Life Insurance Corporation (LIC) saw strong participation from institutional investors in the first leg of the Offer-for-Sale (OFS), with nearly two-thirds of the shares reserved for them subscribed by noon on Tuesday.Data available till midday showed institutional investors had bid for more than 18.81 crore shares, amounting to 66.10% of the…

Read Full News
diesel

Indian refiners maximise: Fuel exports hit 1-yr high as robust margins, Russia diesel export ban help

The July export shipment volume was the highest recorded for the month since Kpler began tracking the data in 2017. Amid the ongoing US-Iran conflict, India’s fuel exports have hit a 1-year high. Exports of refined petroleum products climbed to a one-year high in July, supported by strong diesel refining margins, Russia’s ban on diesel…

Read Full News