Subsidy Sharing News

Market

Subsidy sharing concerns loom for state-run upstream oil firms

Investors fear that state-run upstream oil companiesONGC and Oil Indiawill not be able to keep the full benefits of higher crude oil prices, and will be asked to share the subsidy burden

1 min read22 Aug 2018
Market

BPCL, HPCL: Q1 results don’t move the needle, subsidy sharing concerns loom

The lack of clarity on the subsidy sharing mechanism is discouraging and expected to weigh on the sentiments for these stocks

2 min read10 Aug 2018
Companies

ONGC, Oil India to be exempted from sharing LPG subsidy

Subsidy rationalization lets upstream firms invest in exploration and production, says petroleum secretary Saurabh Chandra

2 min read22 Apr 2015
Market

ONGC beats the Street on lower subsidy

ONGC’s subsidy at `12,432 crore is a bit higher sequentially, but lower than the same period last year

1 min read11 Feb 2013

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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