One dead, 13 injured due to fire in support vessel at Visakhapatnam port; deceased drowned after jumping to escape blaze
One person drowned and 13 others suffered burn injuries after a fire swept through an offshore support vessel, forcing the crew to jump into the sea.
Govt rules out bringing petroleum products under GST ambit; ignores aviation sector and oil companies' long-standing demand
The overall levy is not going to reduce significantly as the govt will impose cess above the 28 percent rate on petrol and diesel to ensure that there is no loss to the exchequer
Petrol, diesel price hike: Centre will not cut excise duty on fuels; no immediate relief for consumers
A cut in the excise duty on fuel will negatively impact the fiscal deficit glide path.
Following Finance Minister Arun Jaitley's February 2017 Budget announcement of creating integrated oil majors, IOC and BPCL had submitted separate proposals to buy the government's 54.89 percent stake in GAIL
By taking equity, ONGC wants right to bring in at least a quarter of the LNG at Ennore and market it.<br /><br />
The death toll in Friday's fire accident at the Hindustan Petroleum complex here has mounted to 11 with two more private workers succumbing to their burns at a hospital here today, a top executive said.
The biggest gainers was the Oil & gas index after crude oil prices slumped leading traders to bet on them as one of the domestic sectors to outperform during a period of uncertainty.