Retail prices of gasoline,diesel in India are Rs 3-4/litre lower than they should be, given global spot prices, rupee’s value.
Oil Producers Need to Pump More or Put Demand Growth at Risk
India’s growth monikers, when juxtaposed with the less-flattering description of its currency they pose a problem for PM Modi.
Top-Performing Reliance Is Shaking Off Past Decade's Slumber
Forget Turkey and Argentina. The Indian rupee’s real bugbear is the price of oil.
Rising crude prices coupled with the depreciation of the rupee is straining the government’s subsidy budget.
The company’s shares have surged 135 percent since it launched telecom services in 2016.
GAIL allows online booking of pipeline capacity via website.
The billionaire Mukesh Ambani-led company will raise funds through loans and bonds, mostly in the Indian currency.
Ambani is poised to overtake Jack Ma to become Asia’s richest person.
Ambani, who controls more than 43 percent in RIL, is worth $44.3 billion now.
India is standing its ground on gasoline and diesel costs.
The world’s fastest growing crude consumer - Indian Oil - has a warning for OPEC.
The government received 400 bids for the 86 areas it offered in the ninth auction for city-gas licenses.
India has sold a part of Cairn Energy’s stake in mining major Vedanta Ltd. as part of a tax dispute.
Ambani joins India e-commerce slugfest with Amazon, Walmart.
RIL has struck at least 12 deals over 12 months.
Audit firms of 30 Indian listed companies have resigned in 2018 owing to corporate fraud, governance lapses.
Reliance Industries is making room to add as much as $3 billion to borrowings.
Once Cash Rich, India's Demands Erode 90% of ONGC's Warchest
Once cash rich ONGC’s cash reserves have shrunk by more than 90 percent in the past year.