Markets remained firm during the week despite trade and geo-political tensions. The Nifty gained in all five trading sessions – the first time since November 2017.
Pradhan has asked the oil marketing firms to speed up expansion of city gas distribution network and provide compressed and piped natural gas connections in North East.
According to ISMA, ethanol supply to oil marketing companies for blending with petrol will rise 71 pc in 2017-18 season to touch record 113 crore litre.
Around 54,000 petrol pumps all over India will go on a day long strike on October 13 in support of their long-pending demands.
State-run oil marketing companies (OMCs) have hiked commissions paid to fuel pump dealers.
Petrol prices per litre have decreased by Rs 2.35, and of diesel by Rs 1.02, ever since the daily revision in rates was implemented.
Petrol price will be up by Rs 1.39 per litre, while diesel price will go up by Rs 1.04 per litre.
The daily pricing of transport fuels in India would improve confidence in the sustainability of the market pricing regime.
HDFC BANK Q4 REVIEW
PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%
NII at Rs 10,658 Cr vs Rs 9,055 Cr, up 17.7%
Net Interest Margin at 4.3%
Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%
Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%
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