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Indian OMCs unlikely to see impact on margins after US curbs on Russian oil: Fitch Ratings
Business Standard
|November 18, 2025
Indian oil marketing companies (OMCs) are unlikely to see a significant effect on their refining margins or credit profiles in the wake of the latest US sanctions on Russia's largest crude oil producers and the EU's ban on refined imports derived from Russian crude, according to Fitch Ratings.
The rating agency added that the scale of impact would depend on the duration and effectiveness of the sanctions.
यह कहानी Business Standard के November 18, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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IPOs increasingly becoming exit vehicles for early investors: CEA
India’s equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor V Anantha Nageswaran warned on Monday at a CII event.
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November 18, 2025
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Among oldest Sensex stocks, TaMo drifts towards exit again
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2 mins
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GST reforms expected to ignite animal spirits in financial sector: DEA secy
Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.
3 mins
November 18, 2025
Business Standard
Jeff Bezos to co-lead AI startup in first operational role since Amazon
Jeff Bezos, the founder of Amazon and one of the world’s wealthiest people, is throwing his money and time into an artificial intelligence startup that he will help manage as its co-chief executive.
3 mins
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