Indian Oil firms

Subsidised LPG price hiked by Rs 2 per cylinder

Subsidised cooking gas (LPG) price was on Thursday hiked by Rs 2 per cylinder, the third straight increase since July in rates as the government looked at monthly increases to cut down subsidies.

Sep 01, 2016, 13:33 PM IST

Oil service firms jostle for India orders amid global spending cuts

State-run Oil and Natural Gas Corp (ONGC) plans to boost its capital spending by more than a fifth to 362.49 billion rupees ($5.7 billion), in stark contrast to analysts` forecasts for energy firms globally to cut spending by a fifth in 2015.

Jul 09, 2015, 10:18 AM IST