Back'Oil cos losing Rs 1,000 crore a day': Hike in prices imminent, hints Petroleum minister Puri

خبر

Times of India12.05.2026GeneralIndia

'Oil cos losing Rs 1,000 crore a day': Hike in prices imminent, hints Petroleum minister Puri

حجم الخط

Public sector oil companies are facing daily losses of Rs 1,000 crore, potentially forcing fuel price hikes soon. Minister Hardeep Singh Puri highlighted significant under-recoveries, warning that companies cannot sustain these losses indefinitely. While elections are not the reason for the freeze, a drop in crude prices or reopening of the Strait of Hormuz could offer relief.

Continue reading on Times of India

This article was originally published by Times of India.

أخبار ذات صلة

يتطور·4 dk önce

Mbappe's Penalty Delay and France's World Cup Quarterfinal Win Over Morocco

Kylian Mbappe's penalty against Morocco was delayed for over three minutes due to a VAR review. Despite the initial save by Yassine Bounou, France won 2-0, with Mbappe scoring the opener and assisting the second goal, advancing to the World Cup semifinals.

TOI Sports

يتطور·17 dk önce

PM Modi visits MCG with Australian counterpart, meets Opposition leader

Prime Minister Narendra Modi visited the Melbourne Cricket Ground with Australian PM Anthony Albanese, met Opposition leader Angus Taylor, and discussed elevated strategic partnership including defense and maritime security cooperation.

Times of India

يتطور·24 dk önce

पंजाब पुलिस इंस्पेक्टर पर अमेरिका में रंगदारी का आरोप, भारत में गिरोहों से जुड़ाव का खुलासा

अमेरिकी न्याय विभाग ने पंजाब पुलिस के इंस्पेक्टर गुरिंदरजीत सिंह नागरा पर रंगदारी मांगने का आरोप लगाया है। नागरा पर भारत स्थित आपराधिक गिरोहों की मदद से अमेरिका में रह रहे एक भारतीय परिवार को झूठे हत्या के मामले में फंसाने की धमकी देने का आरोप है। पंजाब पुलिस ने नागरा को निलंबित कर जांच शुरू कर दी है।

BBC हिंदी

يتطور·29 dk önce

अमेरिका में वॉन्टेड पंजाब पुलिस का इंस्पेक्टर, जानिए क्या है पूरा मामला

अमेरिकी न्याय विभाग ने भारत स्थित गिरोहों से जुड़े 24 अभियुक्तों को गिरफ्तार किया है. कैलिफ़ोर्निया में घोषणा करते हुए, अधिकारी ने पंजाब के एसएचओ गुरिंदरजीत सिंह नागरा पर एक भारतीय परिवार से 4 लाख डॉलर की रंगदारी मांगने का आरोप लगाया.

BBC हिंदी

يتطور·34 dk önce

Czech Tennis Stars Noskova and Muchova Reach Wimbledon Final

Linda Noskova and Karolina Muchova will contest an all-Czech women's singles final at Wimbledon, ensuring a Czech champion for the third time in four years. Noskova defeated Marta Kostyuk, while Muchova survived a thrilling match against Coco Gauff.

TOI Sports

يتطور·31 dk önce

Andy Burnham Set to Become UK Prime Minister as Labour Leader

Andy Burnham is poised to become the UK's next prime minister, securing overwhelming support from Labour MPs to replace Keir Starmer as party leader. With 322 nominations, he is expected to be confirmed next week and take office on July 20, marking a significant political comeback.

Times of India