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1-10 results from 1000 for query «petroleum»

16 November, 2017 4:10 AM Govt clarifies Airtel Bank to blame for customers not getting LPG subsidy credit

The Oil Ministry said it has received multiple complaints about non-credit of LPG subsidy amount to their bank accounts. The Ministry of Petroleum & Natural Gas put the onus on Airtel for confusion over transfer of LPG subsidy in some customers' accounts. Those who have not received their LPG subsidy are the ones who have accounts with Airtel Payments 23

14 November, 2017 1:28 PM Export drops 1.12% to $23bn in October; trade deficit balloons

Export declined by 1.12% to $23 billion in October, retreating from a six-month high growth in September as shipments of textiles, pharmaceuticals, leather and gems and jewellery fell, official data showed. Imports, however, grew by 7.6% to $37.11 billion in October from $34.5 billion in the year-ago month, the commerce ministry data released today showed 26

13 November, 2017 2:50 AM HPCL kicks off campaign to encourage judicious use of petro products

To encourage judicious utilisation of petroleum products, the Hindustan Petroleum Corporation Limited (HPCL) kick-started a campaign by organising a cycle rally here. Minister of State for Finance Ajay Kumar Nanda flagged off the rally as part of the nationwide awareness programme 'Saksham Cyclothon-2017'. The minister said the rally was aimed at creating 33

9 November, 2017 4:28 PM HPCL Q2 net soars 147%

State-owned Hindustan Petroleum Corp. Ltd. (HPCL) on Thursday reported a 147% jump in its second-quarter net profit on account of higher refinery margins and inventory gains. Net profit in July-September at ₹1,735 crore was 147% higher than ₹701 crore in the same period a year ago, HPCL CMD Mukesh K. Surana told reporters here. The company earned $7.61 on turning 41

9 November, 2017 3:57 PM India sends 21,000 kilolitres of petrol to Sri Lanka

India on Thursday sent an emergency shipment of 21,000 kilolitres of petrol to Sri Lanka which is facing a shortage of the fuel. External affairs ministry spokesperson Raveesh Kumar said the shipment was sent from Paradip in Odisha and is expected to reach Trincomalee port in Sri Lanka in a day. "The supplies have left Paradip today, with 21,000 kilolitres 61

9 November, 2017 9:28 AM Hindustan Petroleum Second Quarter Results Miss Estimates

Sales grew 13 percent to 541.53 billion rupees in the quarter. Net profit for the three months ending Sept. 30 soared to 17.35 billion rupees ($267 million) from 7.01 billion rupees a year earlier, the company said in a filing on Thursday. Analysts on average had expected a profit of 20.58 billion rupees, according to Thomson Reuters Eikon data. Average 31

8 November, 2017 7:51 PM Sri Lanka Faces Fuel Shortage, PM Modi Says India Sending Additional Supply

New Delhi: Prime Minister Narendra Modi has said India is sending additional fuel supply to Sri Lanka, which is facing a shortage of petroleum. "In the telephone conversation with Sri Lankan President @MaithripalaS, PM @narendramodi conveyed that India is sending additional fuel to Sri Lanka and assured India's continued support for development cooperation 48

1 November, 2017 4:52 PM ‘Aim to complete HPCL acquisition by end of FY18’

Exploring funding options, says ONGC; net profit rises 3.1% ONGC CMD Shashi Shanker on Wednesday said the company was looking to complete the acquisition of HPCL by the end of financial year 2017-18. The company announced 3.1% rise in the second quarter profit to ₹5,131 crore compared with a year earlier. Profit for the first half of the financial year stood 40

30 October, 2017 9:27 AM Bharat 22 Public Sector Fund Likely To Hit Market On November 15

New Delhi: The 'Bharat 22' Exchange Traded Fund (ETF) comprising 22 scrips of public sector units, banks and other entities is likely to hit the market on November 15, a senior finance ministry official said today. An inter-ministerial panel headed by Finance Minister Arun Jaitley was set up to finalise the launch date and quantum of issuance of the ETF. The amount 43

23 October, 2017 4:28 PM Bharat-22 ETF likely to be launched next month

An inter-ministerial panel headed by Finance Minister Arun Jaitley today finalised the launch date and quantum of issuance of 'Bharat 22' Exchange Traded Fund (ETF). According to sources, Bharat-22 comprises of 22 scrips of Public Sector Units, banks and those entities in which the government holds a minority stake. It is likely to be launched next month 52