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Finance ministry sanctions Rs 5,223 cr fuel subsidy for IOC, BPCL

May 22, 2015

Finance ministry sanctions Rs 5,223 cr fuel subsidy for IOC, BPCL

The fuel retailers had lost a total of Rs 72,314 crore on selling diesel (up to 17 October), LPG and kerosene at government rates, which were way below cost in 2014-15. #finance ministry #NewsTracker #ONGC #Indian Oil #LPG #Diesel #Kerosene #Hindustan Petroleum #Bharat Petroleum #Oil India #Fuel Subsidy
Finance ministry plans revamped CPSE ETF by October; EPFO, NPS to park fund

May 21, 2015

Finance ministry plans revamped CPSE ETF by October; EPFO, NPS to park fund

The government had first launched a CPSE ETF, comprising scrips of 10 PSUs, in March 2014 under which retail investors have to invest a minimum of Rs 5,000 to buy units. #Disinvestment #NewsTracker #SEBI #Indian Oil #EPFO #NPS #Oil India #Engineers India #Rural Electrification Corp. #Power Finance Corp #CPSE Exchange Traded Fund #National Pension System #container corp #Bharat Electronics
Indian Oil returns to seek jet fuel, kerosene

May 20, 2015

Indian Oil returns to seek jet fuel, kerosene

It will also buy another 5,000 tonnes of jet fuel, to be co-loaded with similar volumes of superior kerosene, for delivery to Chennai. #NewsTracker #Indian Oil #Kerosene #Jet fuel
Petrol price hiked by Rs 3.13 a litre, diesel Rs 2.71, steep rise in 15 days

May 15, 2015

Petrol price hiked by Rs 3.13 a litre, diesel Rs 2.71, steep rise in 15 days

The hike, which comes on the back of Rs 3.96 per litre increase in petrol and Rs 2.37 a litre raise in diesel from 1 May, will be effective from midnight tonight. #Economy #NewsTracker #Petrol #Indian Oil #Diesel #Hindustan Petroleum #Bharat Petroleum

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Memo to Sebi: Is govt licensed to rob minority investors?

Sep 26, 2011

Memo to Sebi: Is govt licensed to rob minority investors?

If a private group were to happily transfer money from one company to another Sebi would pounce on them. Why isn't it doing so with government companies? #ONGC #Indian Oil #GAIL #Thats Just Wrong #BPCL #HPCL #Oil India