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As Russian discounts fall, Indian state and private refiners join hands to negotiate better terms

State-run and private refiners including IOC, Bharat Petroleum and Reliance Industries are jointly negotiating with Russian suppliers for better crude prices after discounts fell 70%.India saved about $7.9 billion in the first 11 months of 2023-24 due to cheaper imports from Russia

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ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil, ET Auto

ONGC: The Central government has cut the windfall tax on petroleum crude to 5,700 rupees (USD 68.34) per metric ton from 8,400 rupees with effect from Thursday, as part of its fortnightly revision that is calibrated with global prices.

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ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil

This is the second fortnightly cut in windfall tax in a row after a Rs 8,400 per metric ton reduction from Rs 9,600 on May 1.

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Oil Companies benefit as Centre cuts windfall tax on crude, will it trickle down to consumer?

The Central government has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from Thursday, as part of its fortnightly revision that is calibrated with global prices.

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Share Market Highlights 15 May 2024: Sensex, Nifty edge down; Coal India spikes up 4%

Share Market Highlights 15 May 2024: Sensex, Nifty edge down; Coal India spikes up 4%
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