'Science and technology keep moving ahead and so you can keep making investment.'
The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
Whether the experiment will continue will be determined after assessing the impact of these 15 days - from January 1 to 15
Dealers say there's been a 20-25 per cent drop in demand.
'It is my duty to give the govt the right price of crude oil.'
For India's upstream sector that has seen no new discovery coming into production.
Exports in October and November fell 28 per cent and 17 per cent, respectively.
A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
Companies are using additional service workforce and offering part waivers on charges to affected car owners.
Leading tyre maker Apollo also saw a production loss of 450 tonnes till December 2.
Indian oil and gas exploration companies work in silos.
A report, by DeGoyler and MacNaughton, has put a question mark on the future production from the five ONGC discoveries.
Sebi might come out with a regulatory framework for issuance of 'green' bonds
In 2014, foreign tourist arrivals grew by 10.2 per cent over 2013.
HMSI is likely to announce a tie-up with Snapdeal for online two-wheeler sales next month.
Cairn India CEO has a tough task at hand.
Yatra sees 15-20% cancellations in confirmed bookings to France.
RIL and BP completed the initial exploratory work on the 21 blocks, but decided to retain only four of them.
B M Munjal positioned motorcycles as more fuel efficient than scooters, which struck a chord with the cost-conscious Indian buyers.
Offline stores dominate the retail market and will continue to do so.
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