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Centre Seeks Over $1 Billion Investment With New Oil Block Auction

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New Delhi:The government hopes to attract more than $1 billion (Rs 6,900 crore) of investment in exploration and production blocks awarded to companies on Tuesday under new rules for auctions of oil and gas fields, oil minister Dharmendra Pradhan said.The government awarded 32 blocks in the latest two exploration licensing rounds called the open acreage licensing policy (OALP), which allows companies to carve out any area they want to drill.State-owned Oil India Ltd bagged 12 blocks followed by private resources major Vedanta Ltd with 10.
A consortium of Reliance Industries Ltd and BP Plc got one.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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Stocks to Buy | FOMO, Fundamentals & the Power of Patience: Ajay Srivastava's market mantra - “Is It Too Late to Join the Market Rally”

Defence stocks: ICICI Securities sees over 15% profits development; HAL, BEL, 4 others on radar

Jane Street saga: NSE's early warnings shaped Sebi’s regulatory crackdown. Here's how

European shares mixed on care ahead of United States tariff due date

[Business] - Jane Street vs Sebi case puts Rs 6 lakh crore multibagger corner of Dalal Street on edge

Markets regulator to boost surveillance against derivatives control: Sebi chief

Mukesh Ambani's AI-energy play could add $60 billion to RIL's market price: Morgan Stanley

Japan's Nikkei ends lower on caution ahead of Trump tariff deadline

Elon Musk's political aspirations rattle markets and allies - Trump knocks Musk's brand-new political celebration

Buy, sell or hold: Trent, SBI Card, Nuvama and 3 more stocks rated on these 5 key metrics - Key Metrics

Paras Defence, BEL, GRSE topple approximately 8% as profit booking drags defence stocks

JP Power shares rally over 17% on Adani bid buzz for JP Associates

Nykaa shares rise 3% after Q1 business update

Will OPEC+ deliver on pledges or risk cost fallout - OPEC+ Accelerates Output-- But Who Will BuyOPEC +to increase oil output by 548,000 bpd in August, raising concerns over demand absorption and compliance ... FEATURED FUNDSUTI Aggressive Hybrid Fund Re

Oriental Trimex shares hit 5% upper circuit after Q1 update highlights expansion, efficiency push

Senco Gold shares hit 5% upper circuit after Q1 revenue leaps 28% on festive-fuelled need

Trump's Tariff Ultimatum: Countdown to August 1 begins - Trump Pressures Trade Partners with Tariff Deadline

Q1 results season: The crossover quarter that could end India's growth drought

Stock Market Sectors: Stock market upgrade: Sugar stocks up as market falls

52 week high stocks: Stock market update: Stocks that hit 52-week lows on NSE

52 week high stocks: Stock market update: Stocks that strike 52-week highs on NSE

Dixon Technologies gets B&K 'purchase' tag, sees 25% benefit on electronics contracting out tailwind

Indices: Stock market update: Nifty IT index falls 0.48% in a positive market

Stocks Rallied: Sensex falls! These stocks are up over 15% on BSE

Stock Exchange Sectors: Stock market upgrade: FMCG stocks up as market falls

Indices: Stock market update: Nifty Auto index falls 0.13% in a weak market

PC Jeweller surges 33% in 2 days after upbeat Q1 upgrade

Indices: Stock market update: Nifty Realty index advances 0.32% in a weak market

Nykaa eyes Q1 earnings development in mid-20s, driven by broad-based section strength

Godrej Consumer shares rise 5% post Q1FY26 company update

Stocks Surged: Sensex falls! But these stocks are up over 10% on BSE

Indices: Stock market update: Nifty Pharma index falls 0.25% in a weak market

Nuvama shares rally 4% as $1.6 billion buyout buzz offsets Jane Street overhang

India bonds constant as traders wait for fresh triggers

Stock Market Sectors: Stock market update: Fertilisers stocks down as market falls

Stock Exchange Sectors: Stock market update: Power stocks up as market falls

Paras Defence shares fall 6% as post-split rally stalls

Stocks to purchase today: IOC, Biocon amongst top 10 trading concepts for 7 July 2025

These 7 F&O stocks saw a high boost in futures open interest - On Radar

Trent shares down 35% from peak: Should you purchase the dip in this Tata stockTrent shares

Stock Market Sectors: Stock market update: Mining stocks down as market rises

share market: Share market upgrade: Most active stocks on D-Street today in terms of volume

Bullish Momentum: 4 stocks with White Marubozu Pattern on July 4 - In Demand

These 11 stocks showing RSI Trending Up on July 4 - Bullish Momentum

BEML shares in focus after bagging 2 work orders worth $6.23 million

Dabur India shares rally nearly 3% after publishing Q1 service update

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Category: Business