Oil Production Fell 2.4% In January 2022
Country's crude oil production slipped to 2,511.66 thousand metric tonnes (TMT) in January 2022, which was 2.40 per cent lower than the output registered during the corresponding period of last year and 6.04 per cent lower than the official target for the month.
According to data released by the petroleum ministry on Wednesday, cumulative crude oil production during the April-January period of the current financial year stood at 24,890.07 TMT, which is 2.61 per cent lower than the output registered during the corresponding period of 2020-21.
The cumulative output for the April-January 2021-22 is 4.63 per cent lower than the official target for the period.
Crude oil production by Oil and Natural Gas Corporation (ONGC)Â in the nomination block during January 2022 was 1,662.79 TMT, which is 3.68 per cent lower than the target of the month and 3.09 per cent lower when compared with production of January 2021.
Cumulative crude oil production by ONGC during April-January 2021-22 was 16,259.10 TMT, which is 4.29 per cent and 3.93 per cent lower than the target for the period and production during the corresponding period last year respectively.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
