Oil has slumped from above $115 in June 2014 as shale oil from the United States has flooded the market
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
In a sharp attack on Bharatiya Janata Party, Chief Minister Sheila Dikshit on Tuesday accused it of "misleading" people by "trumpeting" Narendra Modi's development model and said economic figures of last five years clearly showed that Delhi was much ahead of Gujarat.
Investors turn their attention to export-driven sectors.
The state of health is a reflection of what is spent and how it is spent.
Participants will keenly watch fate of GST Bill in Parliament.
Websites that compare product prices and offer cashback can help you get attractive deals and discounts.
Despite the recovery to above $40 levels after hitting $28-29 in Jan, worries of over-supply in the face of weak demand remain.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
The new rates, which are likely to be at $8-8.4 against the current price of $4.2 per million British thermal unit, are based on the recommendations of a committee that was appointed by Prime Minister Manmohan Singh at the request of Moily's predecessor, S Jaipal Reddy.
As per the current market price, the government is expected to fetch Rs 5,300 crore (Rs 53 billion) by selling 10 per cent equity or 24.27 crore (242.7 million) shares at discounted price to Oil and Natural Gas Corporation and Oil India Ltd.
Banks have swung into action as gold prices continue to slide. Reduced loan-to-value ratio (LTV), cautious lending, and a close monitoring of the gold loan portfolio have prompted them to hedge their loan books against the reduction in prices.
Petrol price has been hiked by Rs 1.82 a litre, excluding taxes, with effect from midnight tonight.
CRISIL chief economist D K Joshi is of the opinion that GDP is an indicator of the health of the economy.
The government has formed a four-member panel of secretaries to suggest a new gas pricing mechanism.
The better performing states throw up more employment opportunities including at unskilled levels.
RJio's aggressive plans will lead to significant impact on listed companies in this space
Improved performance of manufacturing, services and trade sectors helped boost GDP
State-owned ONGC and Oil India Ltd (OIL) are likely to buy a 10 per cent stake in Indian Oil Corp (IOC) from the government at Rs 220 per share, aggregating about Rs 5,300 crore (Rs 53 billion).
The long-neglected fruit may finally get the recognition it deserves.
Not much is heard or read about Sun Pharma's media-shy owner.
Changes the base year and included more sectors.
Almost all recent labour strikes were declared illegal by the labour department of Gujarat.
About two dozen discoveries of the state-owned ONGC, Reliance Industries and the Gujarat State Petroleum Corp (GSPC) in KG Basin alone are languishing for want of right price.
Two major consumer durables and home appliances makers Sony and Samsung have ruled out any immediate hike in prices of products even as a steep fall in rupee against dollar has squeezed margins.
India Inc has pitched for rate cut to boost economic activities.
The Reserve Bank is unlikely to lower the interest rates.
The total investment at risk is $930 billion and oil companies will need to cut their expenses by 30 per cent to make their projects viable provided oil remains around $70 a barrel.
There has been no reboot of the private investment cycle.
Small and medium enterprises have been struggling to raise bank credit even as they have been powering India's manufacturing growth in recent years.
Rajesh Karkera and Hitesh Harisinghani spotted these beauties at the Auto Expo 2018
The development of the coal mine located at Queensland in Australia and required infrastructure including railways would cost $7.6 billion.
Bank CFOs may meet next week to discuss minimum public shareholding and takeover rule issues.
The best way to curb gold demand is by reducing black money in circulation.
The ongoing oil price decline is mainly a result of oversupply in the global market
A report, by DeGoyler and MacNaughton, has put a question mark on the future production from the five ONGC discoveries.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
A report card titled '10 Years of Progress and Growth' highlighting achievements of the government led by Prime Minister Manmohan Singh on Friday said 'average GDP growth rate during the period of UPA government (2004-05 to 2013-14) has been 7.7 per cent despite two global slowdown in this period'.
Diesel price was on Monday hiked by 50 paise per litre, excluding VAT, with effect from midnight tonight.
Making sense of the international crude market is incredibly hard.
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