Oil and Natural Gas Corporation (ONGC), India’s leading oil and gas exploration giant, recently announced a decline in its consolidated net profit for the December quarter of the financial year 2023-24. The company reported a decrease of approximately 8 percent, with net profit standing at Rs 10,748 crore. This dip in profitability was accompanied by a 2.2 percent decrease in revenue from operations, totaling Rs 1,65,569 crore for the third quarter, compared...