LPG
Why dividend yield, ignored in bull markets, matters: 6 stocks with high dividend yield of 5-9%
Nine months back there was hardly a stock with a dividend yield matching the interest rate of a savings bank (SB) account. Today, some have yields on par with fixed deposit rates. Now, consider a different point: The subjective nature of dividend payout and capital gains. Dividend payment is not only a function of how much money a company is making, but also a habit of the management, or its intent. There are companies sitting on cash piles but with low dividend-payout ratios. Capital gain is a function of many other things, some under the control of stock market players, and some not so much so. So, better focus on an element where there is still some certainty if management has the intent. And that is dividend yield.
Beginning of a tariff thaw? Goldman sees big signal coming from China on key raw materials
China, a major plastics producer, might waive tariffs on US petrochemical feedstocks like ethane and LPG if trade talks progress favourably, according to Goldman Sachs. These materials previously had waivers in 2018. The US-China trade conflict has hit China's plastics industry, which relies on US supplies. Trade flows have shifted, with US LPG cargoes being rerouted.
Railway probe reveals officials forcing loco pilots to overwork, manipulate working hours
A South Central Railway probe revealed loco pilots were forced to work 13-15 hours, exceeding the 11-hour limit, compromising train safety. An investigation was triggered after a loco pilot reported insufficient rest. The probe uncovered 620 instances of manipulated working hours within a short period, primarily in the Secunderabad division, indicating pressure to falsify records and avoid reporting violations.
PM Modi launches over Rs 13,480 cr development projects in Bihar's Madhubani
Prime Minister Narendra Modi launched development projects exceeding Rs 13,480 crore in Madhubani, Bihar, marking National Panchayati Raj Day. He inaugurated and laid foundations for initiatives including an LPG bottling plant, power sector upgrades, and rail connectivity enhancements like the Amrit Bharat Express.
India to work with Saudi Arabia to enhance stability of global oil markets
India and Saudi Arabia have agreed to collaborate on stabilising global oil markets and balancing energy dynamics, emphasising the security of supply for all energy sources. They will also cooperate in green hydrogen, climate change initiatives, and the circular carbon economy.
Oil rises 1% on Iran sanctions, drop in US crude stocks
Oil prices saw a rise on Wednesday. This happened because of new Iran sanctions. Also, US crude stocks dropped. Donald Trump's comments on the Federal Reserve also helped. Brent crude futures increased. US West Texas Intermediate crude also went up. The US imposed sanctions on an Iranian network. This network ships Iranian oil. US crude oil inventories decreased last week.
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India, Saudi Arabia mull high-voltage connect at the bottom of Arabian Sea
India and Saudi Arabia are collaborating on a groundbreaking project to establish an electricity grid interconnection via undersea cables, potentially transforming India into a green energy exporter. This initiative aligns with PM Modi's OSOWOG vision for a global renewable energy grid, aiming to integrate diverse energy resources and enhance grid stability.
Congress should change symbol from 'hand' to 'lungi': Himanta
Assam Chief Minister Himanta Biswa Sarma criticized the Congress party's development initiatives, suggesting they were limited to distributing basic items. He claimed significant progress in peace, investment, and employment under his leadership. Sarma highlighted government schemes and promised further reduction in power tariffs and subsidies on LPG cylinders, aiming to make Assam a top state.
Modi's Saudi Arabia visit: Riyadh eyes larger share of oil exports, refinery investment
Prime Minister Modi's Saudi Arabia visit aims to strengthen energy ties, with Saudi Arabia seeking to increase crude supplies to India amid Chinese market challenges. Riyadh may offer concessional rates and invest in Indian refineries. Saudi Arabia's 'Vision 2030' faces financial constraints, presenting opportunities for Indian companies.
What’s in store for the rest of 2025? The answer may be in what managements of these 30 companies say in the next 42 days
Do you remember how the current market correction was sparked in late September 2024? By the statement of a senior auto executive who mentioned that festive season sales were not as per expectation. The street was smart enough to take the hint, and we saw what happened in the Q3 earnings season. As the Q4 earnings season kickstarts, you need to keep an eye on the numbers of this set of companies. More importantly, listen carefully to what their managements say. Because, for one, they have first-hand knowledge of what is happening in their industries. And, collectively, what they say will throw light on what is happening in the economy. Now, the list of companies is long. But then, who said making money in the market is easy.
Asian countries look to buy more US energy to offset trade imbalance
Asian nations are increasing U.S. oil and gas imports to reduce trade surpluses with Washington and alleviate tariff pressures. Indonesia, Pakistan, and India are considering significant increases in energy purchases, including crude oil, LPG, and LNG. Thailand plans to import more U.S.
India eyes ending import tax on US ethane and LPG in trade talks, sources say
India is considering removing import taxes on Ethane and LPG from the United States. This move is part of broader trade negotiations with Washington. The goal is to reduce India's trade surplus and ease tariff burdens. India may also eliminate import tax on U.S. liquefied natural gas. Increased U.S. energy imports could help India avoid heavier tariffs.
Aegis Vopak Terminals, Seshaasai Technologies get Sebi's go ahead to float IPOs
Aegis Vopak Terminals and Seshaasai Technologies have received Sebi's go-ahead to raise funds through initial public offerings (IPOs), an update with the regulator showed on Tuesday.
Govt must call special session of Parliament on inflation, issue 'white paper': Congress
The Congress party is demanding a special Parliament session to address rising inflation, criticizing the Centre's excise duty hikes on petrol and diesel, along with increased LPG cylinder prices. Alka Lamba, head of the party's women's wing, urged immediate price reductions for essential commodities and a relief package for women and the poor.
Diesel demand growth falls to lowest since pandemic
India's diesel demand growth hit a pandemic-era low in fiscal year 2024-25, rising just 2% due to a slowing economy and the increasing adoption of electric vehicles. While diesel still dominates the transport sector, the shift to EVs in public transport and logistics is moderating its growth.
In volatile times look for necessity and annuity: 6 utility stocks with an upside potential of up to 23%
If you are still buying stocks at this point of time, besides the decision to buy, you need to be clear about two more things. First, do it with the clarity that the money being invested is for the next three to five years. Don’t think about it before that. Second, be tactical in your investing. That is, buy a stock for a clearly-defined time period and reason. As the situation in the equity markets across the globe is still evolving, some money could be employed in tactical investing. So, which are the set of stocks which fit the bill for tactical investing?
26/11 Mumbai terror attacks: Father of slain cop seeks death penalty for Rana
As 26/11 accused Tahawwur Rana nears extradition to India, the father of a slain SRPF constable demands capital punishment, recalling the lasting trauma of the 2008 Mumbai terror attacks.
Maharashtra polls were won through 'fraud': Kharge
Congress President Mallikarjun Kharge, addressing the AICC session in Ahmedabad, alleged the BJP's victory in Maharashtra was a 'fraud' and advocated for ballot paper elections. He accused the Modi government of crony capitalism and undermining democracy. Kharge criticized the government's handling of Parliament sessions and raised concerns about privatization impacting reservations.
Oil companies' losses on LPG will reduce to Rs 160/cyl with Rs 50 hike in prices from this month: Report
Oil marketing companies in India are expected to see reduced losses on domestic LPG cylinder sales. Recent price hikes and declining international fuel costs are contributing factors. Losses are projected to decrease significantly by the second quarter of fiscal year 2025-26, potentially reaching near-zero levels if current trends persist, aided by improved refining margins.
India's oil minister flags higher petrol, diesel prices in Opposition-ruled states after hiking excise tax
Oil Minister Hardeep Singh Puri announced a Rs 50 hike in LPG cylinder prices, impacting both Ujjwala beneficiaries and regular consumers. Despite the increase, subsidized rates will continue for Ujjwala users, while regular consumers will also see a reduced price.
OMC stocks rally up to 4% as govt hikes excise duty, raises LPG prices. What should investors do?
Hindustan Petroleum Corporation Ltd (HPCL) shares surged the most, rising 4% to a day's high of Rs 367.50 on the BSE, followed by Bharat Petroleum Corporation Ltd (BPCL) shares, which climbed 2.7% to Rs 281.80. Meanwhile, Indian Oil Corporation (IOC) shares increased by 2%, reaching Rs 131.
Current valuations make OMC stocks a buy opportunity: Probal Sen
ICICI Securities' Probal Sen views the excise duty hike, not passed to consumers, positively, especially after prior LPG compensation disappointments. The collected excise tax, along with the LPG cylinder price increase, will offset accumulated LPG losses. While the market anticipated a price cut, the government is monitoring crude price trends.
Continue Jan Akrosh Yatra against Central government: Karnataka DK Shivakumar tells BJP protesters
Karnataka's Deputy CM Shivakumar has advised BJP leaders to direct their 'Jan Akrosh Yatra' against the central BJP government, citing its role in petrol, diesel, and gas price hikes. This comes after the Karnataka BJP announced protests against state price increases and new taxes. BJP leader R Ashoka has accused CM Siddaramaiah of corruption and criticized rising liquor prices.
Why is Modi govt increasing petrol, diesel excise duties even when global oil prices are decreasing?
The government has increased excise duty on petrol and diesel by Rs 2 per litre to boost revenues despite falling global crude prices. This move aims to offset the financial impact of recent tax cuts and windfall tax reliefs. India's oil minister suggests potential future fuel price reductions if low crude prices persist.
Govt raises excise duty on petrol, diesel to shore up revenue; Pump prices unaffected, LPG up Rs 50/cylinder
The government increased excise duty on petrol and diesel by Rs 2 per litre, capitalizing on lower international oil prices to bolster revenue. While pump prices remain unchanged, LPG prices will rise by Rs 50 per cylinder. This duty hike aims to generate Rs 32,000 crore annually, offsetting oil companies' LPG losses, though the timing of reimbursement remains uncertain.
LPG cylinders to get costlier by Rs 50 from tomorrow, Oil Minister Puri says
The price of liquefied petroleum gas (LPG) will rise by Rs 50 per cylinder starting April 8, according to Union Oil Minister Hardeep Singh Puri. The government will review LPG prices bi-weekly. Additionally, excise duty on petrol and diesel is being increased by Rs 2 per litre, but retail prices are expected to remain unchanged.
Maximum disruption or tactical opportunity? 14 stocks from the energy ecosystem with upside potential of more than 29%
Logically, fears of a recession in the world should drive crude oil prices down. Yet, for the next couple of weeks, if not for a month or so, be prepared for news about volatility in global crude oil prices. Reason: The production cuts announced by some OPEC member-countries. What does this mean for Indian companies from the energy ecosystem? It is a negative for companies where sales prices are determined by the global crude price. But for several others, it could be positive news. Also, don’t forget the larger transformation happening in the energy space.
Petrol sales up 5%, diesel 1% in March
Petrol, diesel, jet fuel, and LPG sales in March 2024 grew at a slower pace compared to the full year, with petrol seeing a 5.3% rise and diesel at 0.9%. Full year growth for petrol was 7.3% and 2% for diesel. Jet fuel and LPG also showed moderated increases.
Jet fuel and commercial LPG prices reduced in April revision
LPG Price cut: Oil marketing companies (OMCs) have reduced the price of 19-kg commercial LPG cylinders by Rs 41, effective April 1, 2025. In Delhi, the new price is Rs 1,762. This follows a Rs 6 hike in March after a Rs 7 reduction in February. Businesses such as hotels and restaurants are affected by these fluctuations. Domestic LPG prices remain unchanged.
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