India, the world’s third-largest oil importer, is the biggest buyer of seaborne Russian crude. | Photo Credit: Reuters Indian Oil Corporation (IOC), the country’s top refiner, has bought seven million barrels of September-arrival crude from the United States, Canada and West Asia via a tender, several trade sources said on Monday (August 4, 2025). IOC’s […]
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Image used for representation purpose only. Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd — have not sought Russian crude in the past week or so | Photo Credit: Reuters Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. […]
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Representational image of villagers from Odisha’s Kalahandi district under the MGNREGS | Photo Credit: Biswaranjan Rout States must contribute to MGNREGS wages, says Union Minister Giriraj Singh The financial burden of wages to the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) should also be shouldered by State governments, in order to […]
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IOC and other state-owned fuel retailers had booked heavy losses in the first quarter of the current fiscal as they did not revise the prices to help the govt. contain inflation IOC and other state-owned fuel retailers had booked heavy losses in the first quarter of the current fiscal as they did not revise the […]
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Indian Oil Corporation (IOC), the nation’s top oil firm, will invest ₹2 lakh crore to achieve net-zero operational carbon emissions by 2046, chairman Shrikant Madhav Vaidhya said on Thursday. The target set is in line with India’s aim to reach net-zero emissions by 2070. IOC, which refines crude oil into fuel and manufactures petrochemicals, will […]
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Grandmaster R. Praggnanandhaa was formally inducted into the Indian Oil Corporation (IOC) at a function graced by its chairman Shrikant Madhav Vaidya and the State head of IOC for Tamil Nadu and Puducherry, V. C. Asokan, here on Thursday. Pragg, who is now 16 years of age, will be on the rolls of IOC once […]
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Households will now have to spend more on liquefied petroleum gas (LPG), as national oil marketing companies on May 7 increased the price of the 14.2-kg cylinder by ₹50. The second such revision in under two months, the increase pushes up the price of a domestic cylinder of cooking gas to more than ₹1,000 in […]
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