Read more about Petrol touches new high of Rs 85.45 in Delhi, crosses Rs 92-mark in Mumbai on Business Standard. In Chennai, petrol price inched up to Rs 88.07, 22 paise above the previous day s price. Diesel was retailing at Rs 80.90 in the city
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The Indian Industrial Lubricant Market stood at USD 1.54 billion in FY2019 and is projected to grow to USD 1.91 billion by FY2027, on the back of strong growth in construction & mining sectors across the country.
Industrial lubricants find application in variety of end-user industries therefore, an extensive list of lubricants is available that include hydraulic oil, greases, gear oil, compressor oil, industrial engine oil, metal working fluids and bearing oil. Among these, the hydraulic lubricants and machine lubricants dominate the market in FY2019 due to high demand in industrial and mining applications.
Oil PSUs exempted from Atmanirbhar policy for shipping deals below ₹200 cr
January 15, 2021
The exemption from issuing tenders only to Indian firms for ship chartering contracts below ₹200 crore was granted in December for a two-year period - The Hindu
The exemption from issuing tenders only to Indian firms for ship chartering contracts below ₹200 crore was granted in December for a two-year period - The Hindu×
Can continue to hire ships through global tenders
State-run oil firms have been allowed to issue global tenders to hire ships for hauling crude and petroleum products with contract value of less than ₹200 crore for two years, in an exemption to the Atmanirbhar Bharat policy introduced last year to boost local firms.