Street remains optimistic about further gains in OMCs

After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. Photograph: Francis Mascarenhas/Reuters The......

India Inc's profits fall off record high in April-June quarter

Corporate earnings grew in double digits during the April-June 2022 (Q1FY23) quarter but the momentum waned. Illustration: Dominic Xavier/Rediff.com Overall corporate earnings in the quarter were......

India's plan to produce ethanol from 2G sources delayed

India’s plan to produce ethanol from second-generation (2G) sources -- mainly farm waste -- is taking time to materialise even as the government is set to dedicate to the nation on Wednesday......

ONGC, IOC, others to spend Rs 1.11 lakh cr capex in FY23

State-owned oil firms such as ONGC and IOC will invest over Rs 1.11 lakh crore in the next fiscal year starting April as they supplement the government's massive spending programme to spur economic......