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LPG sops to drive OMCs profit in H2
November 04, 2025
|Financial Express Chennai
STATE-OWNED OlL marketing companies (OMCs) are likely to sustain their profitability momentum in the remaining quarters of the fiscal 2025-26 on the back of robust refining and firm marketing margins,as per analysts.
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This growth, experts believe, will also be aided by continued LPG under-recovery compensation from the government.
The official notification of LPG payout of 14,500 crore for Indian Oil, ¥7,650 for Bharat Petroleum, and %660 crore for Hindustan Petroleum along with steadily reducing LPG
هذه القصة من طبعة November 04, 2025 من Financial Express Chennai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Chennai
Financial Express Chennai
'Micro-LAP, small home loans stress pockets in retail credit'
THE CREDIT PERFORMANCE across most retail loan products remained stable in the September quarter, with balance-level delinquencies improving year-on-year for home loans, personal loans, credit cards and gold loans, TransUnion CIBIL said on Monday.
1 min
December 16, 2025
Financial Express Chennai
Axis to hire 50 pvt bankers to target India wealth boom
AXIS BANK IS adding 50 private bankers and plans to launch several funds in the GIFT City, as part of a strategy to tap into the explosive growth of the country's wealthy population.
1 min
December 16, 2025
Financial Express Chennai
Growth over last decade has been broad-based: FM
ACTUAL HOUSEHOLD CONSUMPTION data point to a decisive shift in India's growth trajectory, with the bottom 40% (B40) of the population accumulating wealth and assets far faster than the top 20% (T20), driving a sharp compression in inequality, Finance Minister Nirmala Sitharaman said on Monday.
1 min
December 16, 2025
Financial Express Chennai
Xi: Don't chase GDP expansion
CHINESE PRESIDENT XI Jinping lashed out at inflated growth numbers and vowed to crack down on the pursuit of \"reckless\" projects that have no purpose except showing superficial results.
1 min
December 16, 2025
Financial Express Chennai
Navi Mumbai airport may add 3rd runway
Feasibility study launched by CIDCO to assess rising air traffic in MMR
1 min
December 16, 2025
Financial Express Chennai
Over 84% of winter sowing complete, up 4.68% on year
SOWING OF RABI crops such as wheat, pulses, oilseeds and coarse cereals is nearing completion with over 84% of normal sown area covered, so far.
1 min
December 16, 2025
Financial Express Chennai
Revamped MGNREGA: Infra, foolproof funding in focus
CENTRE, STATES TO SHARE COSTS IN 6:4 RATIO
2 mins
December 16, 2025
Financial Express Chennai
The year when NBFCs took lead in credit cycle
INDIA'S BORROWERS TOLD a very different story this year,a story that did not always mirror the global uncertainties or the cautious macro headlines that surrounded us.CY25 wasa year of contrasts.
3 mins
December 16, 2025
Financial Express Chennai
360 ONE Asset raises ₹2.3K cr fund
360 ONE ASSET
1 min
December 16, 2025
Financial Express Chennai
Siemens growth engine gaining speed
ORDER INFLOWS SWELL 20% Y-O-Y TO ¥20,000 CRORE IN FY25
2 mins
December 16, 2025
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