ONGC Share Price Live Updates: ONGC's Positive Movement Above 20-Day SMA
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Mint
27 minutes ago
- Mint
Amarnath Yatra Begins: ONGC sets up Yatri Niwas and disaster management complex for pilgrims in J-K
Amarnath Yatra Begins: State-owned Oil and Natural Gas Corporation Ltd (ONGC) has set up a permanent disaster management complex at Baltal, Ganderbal district of Jammu and Kashmir for pilgrims undertaking the Amarnath Yatra. This Disaster Management and Yatri Niwas Complex will become operational on Friday, the company said in a statement. ONGC is developing these complexes at four key locations – Baltal, Nunwan, Bijbehara, and Sidhra – in Jammu and Kashmir, as part of its corporate social responsibility (CSR) initiative Jammu and Kashmir Lieutenant Governor (L-G) Manoj Sinha flagged off the first batch of pilgrims for the Amarnath Yatra from Jammu on July 2. The first batch of pilgrims set off from Lakhanpur to the Bhagwati Nagar base camp in Jammu amid tight security arrangements, marking the official start of the Amarnath Yatra 2025. The Bhagwati Nagar Yatri Niwas in Jammu serves as the primary base camp for pilgrims from across the country before they proceed to the cave shrine of Amarnath nestled in the majestic Himalayas of South Kashmir. "The Baltal Yatri Niwas and Disaster Management Complex, spread across 6,315 square metres, is now fully operational and includes a Yatri Niwas, VIP guest house, security infrastructure, and disaster-response facilities," an ONGC spokesperson said. The 38-day pilgrimage to the 3,880-metre-high shrine will commence on July 3 from the Valley via the twin tracks—the traditional 48-kilometre Nunwan-Pahalgam route in Anantnag district and the shorter 14-kilometre but steeper Baltal route in Ganderbal district. The yatra will conclude on August 9. The ONGC spokesperson added that the Baltal facility will be formally inaugurated on July 4 by Union Minister Hardeep Singh Puri and Lieutenant Governor Manoj Sinha, in the presence of ONGC Chairman and CEO Arun Kumar Singh. The facilities are currently being set up at Nunwan in Anantnag district, measuring 8,500 square metres, and at Bijbehara in Anantnag (7,640 sq m). Both sites are expected to be completed by September 2025, he said. The Sidhra complex in Jammu, designed to serve as a vital hub for boarding, emergency management, and logistical coordination, is targeted for completion by September 2026. These facilities will be operated by the Amarnath Shrine Board under the Jammu and Kashmir government, the spokesperson said, adding that it will provide safe lodging, sanitation, and emergency support to people undertaking the Amarnath Yatra, adding that over five lakh people undertake it every year. This permanent infrastructure will also benefit the local population throughout the year, the spokesperson added. The Baltal facility will provide safe lodging, sanitation, and emergency support to people undertaking the Amarnath Yatra.
Time of India
2 days ago
- Time of India
ONGC Share Price Live Updates: ONGC's three-month performance shows a downturn
01 Jul 2025 | 09:27:45 AM IST Stay informed with the ONGC Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on ONGC, including: Last traded price 244.29, Market capitalization: 307223.0, Volume: 967665, Price-to-earnings ratio 8.5, Earnings per share 28.74. Our liveblog combines fundamental and technical insights to provide a holistic view of ONGC's performance. Stay ahead of the market with breaking news that can influence ONGC's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the ONGC Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 09:27:45 AM IST, 01 Jul 2025 Show more
Time of India
2 days ago
- Time of India
Govt fixes domestic natural gas price at $6.89 per mmBtu for July
New Delhi: The government on Monday fixed the price of domestic natural gas at $6.89 per million British thermal units (mmBtu) on gross calorific value (GCV) basis for the month of July 2025, according to a notification issued by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas. The pricing has been determined in accordance with the MoPNG Notification No. L-12015/1/2022-GP-II dated April 7, 2023, which prescribes the procedure for revision of domestic gas prices. As per Paragraph 4 of the same notification, the gas produced by ONGC and OIL from their nomination fields will be subject to a ceiling of $6.75 per mmBtu on GCV basis during the same period. The revised pricing is applicable from July 1 to July 31, 2025, and will be used for all calculations related to natural gas sales by producers for the period mentioned. The information has been communicated to ONGC, OIL, GAIL, and the Directorate General of Hydrocarbons (DGH). A copy of the communication has also been marked to officials at the Ministry of Petroleum and Natural Gas for further dissemination. The domestic gas price and the APM ceiling rate are reviewed and notified on a monthly basis in accordance with the guidelines issued by the ministry. The prices serve as a key benchmark for determining gas tariffs for fertiliser, power, city gas distribution (CGD), and other consuming sectors. The natural gas price of $6.89 per mmBtu for July 2025 is consistent with the cap-based pricing regime introduced by the government in April 2023, which seeks to provide a stable pricing framework while protecting the interests of both producers and consumers. The ceiling price of $6.75 per mmBtu for APM gas is applicable to volumes produced from nomination fields of ONGC and OIL, which account for a significant portion of India's domestic gas output. The gas price notifications are a part of the government's efforts to ensure transparent and regular communication of price benchmarks, which are critical for long-term contracts and planning across key industrial sectors.
