NSE F&O inclusion: Zomato, Jio Financial likely to enter Nifty50
The inclusion of Zomato and Jio Financial Services in the Nifty50 would lead to fund inflows of $607 million and $372 million, respectively.
The inclusion of Zomato and Jio Financial Services in the Nifty50 would lead to fund inflows of $607 million and $372 million, respectively.
OMCs have slashed petrol and diesel prices across the country by ₹2 per litre for the first time in two years since April 2022.
Under the new agreement, LNG supplies will be made on delivered (DES) basis commencing from 2028 till 2048.
State-owned BPCL to invest ₹5,044 crore for establishing a polypropylene production facility at the Kochi refinery in Kerala.
State-owned oil marketing companies bore the brunt of high oil prices and suppressed marketing margins in FY23. Cheap Russian supply and softer crude oil prices may change the script in FY24.
The company announced an interim dividend of ₹21 for the FY23-24.
India's initiative to indigenise chemicals is meant to emerge as an alternative to China in global markets.
Companies overcome global headwinds and domestic challenges to ride the growth train.
Indian state-owned oil and gas companies are investing significantly to increase capacities to boost the country's petrochemical supply.
Among other state-owned OMCs, Oil India, GAIL (India), ONGC shares surged up to 4% amid strong volume trade.