BANKING & FINANCE
RBI Opens Special Dollar Window For IOC, BPCL And HPCL From October 12
The Reserve Bank of India (RBI) has opened a special foreign exchange window to meet the entire daily US dollar requirements of three public sector oil marketing companies (OMCs), effective October 12, 2026, in a move that will provide a dedicated channel for their dollar purchases. The facility will cover Indian Oil Corporation Limited (IOCL), […]
CW Bureau
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Oct 10, 2026
INFRASTRUCTURE
Bharat Petroleum Corpn Charts Growth Path Amid ₹3,962-Cr Q1 Loss
Bharat Petroleum Corporation Ltd (BPCL) reported a challenging first quarter of FY27, with a loss of ₹3,962 crore as elevated crude prices, driven by geopolitical tensions in the Middle East, and compressed marketing margins weighed on performance. The volatility highlighted the need for an integrated, diversified and resilient business model, while rising energy demand, increasing […]
CW Bureau
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Aug 28, 2026
ECONOMY
BPCL Builds Future Growth Around Petrochemicals, Green Energy
India’s Maharatna company Bharat Petroleum Corporation Ltd. (BPCL) remains focused on strengthening its long-term growth strategy by expanding its portfolio across petrochemicals, gas, renewable energy, digital businesses and customer-centric energy solutions. “The first quarter of FY27 was financially challenging. However, it also demonstrated our resilience, operational agility, ability to navigate uncertainty and collective strength to […]
CW Bureau
·
Aug 4, 2026
STARTUP/TECHNOLOGY
Pine Labs To Modernise Digital Payments Platform Of Indian OMCs
Global fintech platform Pine Labs has announced that it has won multiple landmark contracts from three of the leading oil and marketing companies (OMCs) in India, namely Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd(HPCL), and Indian Oil Corporation Ltd (IOCL). Under the contracts executed with respective OMCs, Pine Labs will be entrusted with […]
CW Bureau
·
Feb 23, 2026