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BPCL Q4 profit flat, FY26 net soars 75%

NEW DELHI: State-owned Bharat Petroleum Corporation (BPCL) reported a flat net profit in Q4FY26 after taking an impairment loss of Rs 4,349 crore on its upstream assets. It’s net profit in Q4 was Rs 3,191.5 crore compared with Rs 3,214.1 crore in the year-ago period. For FY26, its net profit soared 75% YoY to Rs...
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Rupee slides to new low of 96.53 vs dollar

MUMBAI: The rupee weakened to a record closing low of 96.53 against the dollar on Tuesday, marking its sixth consecutive session of decline, as sustained high crude oil prices and adverse global cues weighed on the currency. The local unit closed 18 paise lower compared to 96.35 in the previous session, after touching an intraday...
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What’s slowing the pipeline expansion

India’s big piped natural gas (PNG) push seems to be running into a few roadblocks along the way. City gas distribution (CGD) companies are currently managing to add only 8,000-10,000 new connections a day, far short of petroleum and natural gas ministry’s ambitious target of 100,000 daily connections.Executives in the sector said the rollout is...
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IBC recovery crosses Rs 4.11 lakh crore, over 8,800 insolvency cases admitted

More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) had been admitted under the Insolvency and Bankruptcy Code (IBC) till December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday, PTI reported.More than 4,000 corporate debtors have also been rescued through resolution, settlements, withdrawals...
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