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Rail budget: Govt may go on investment splurge, fare cut unlikely

Feb 25, 2015

Rail budget: Govt may go on investment splurge, fare cut unlikely

In 2014-15, Rs 45,450 crore ($7.30 billion) was budgeted for investment in the railway - with the government providing 66 percent and the rest coming from internal resources. #Economy #Narendra Modi #Arun Jaitley #Indian Railways #Diesel #Freight earnings #Suresh Prabhu #budget 2015 #RailBudget2015
ATF costs less than petrol, diesel: Pradhan

Feb 25, 2015

ATF costs less than petrol, diesel: Pradhan

While jet fuel (ATF) in Delhi costs Rs 46,513.03 per kilolitre or Rs 46.51 per litre, petrol is priced at Rs 57.31 a litre. Diesel costs Rs 46.62 a litre. #Economy #Rajya Sabha #Aviation #Petrol #TheySaidIt #Diesel #ATF #Dharmendra Pradhan
Indian Oil to invest Rs 7,812 cr for expansion, fuel quality upgrade

Feb 16, 2015

Indian Oil to invest Rs 7,812 cr for expansion, fuel quality upgrade

The Board of state-owned company last week approved an investment of Rs 1,843 crore in upgrading the 13.7 million tons Koyali refinery in Gujarat to produce Euro-IV complaint petrol an diesel. #Business #Petrol #Indian Oil #CompanyWatch #Diesel #Koyali refinery #Barauni refinery
By raising petrol, diesel prices govt passes test on oil deregulation; LPG next?

Feb 16, 2015

By raising petrol, diesel prices govt passes test on oil deregulation; LPG next?

The Modi government has, by allowing petrol and diesel prices to rise this week, has indicated that it intends to let prices be determined by market conditions. It needs to distance itself further from these decisions. #Petrol #Oil subsidies #Diesel #Diesel Price HIke #LPG Deregulation #Oil Deregulation #Kerosene Prices
Price hike: Petrol costlier by 82 paisa, diesel to cost 61 paisa more from today

Feb 16, 2015

Price hike: Petrol costlier by 82 paisa, diesel to cost 61 paisa more from today

Petrol and diesel price hike, which is effective from midnight tonight, is the first increase since August 2014 and follows firming of oil prices in the international market. #Economy #Dollar #ThisisNext #Rupee #Petrol #Indian Oil #Diesel

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Six months of diesel price reforms and result is zero

Jul 23, 2013

Six months of diesel price reforms and result is zero

Thanks to super-slow reforms on energy pricing, India's CAD woes and the rupee will be under continuous pressure till the government opts for big bang change #P. Chidambaram #oil pricing #diesel prices #energy reforms #V Moily
Sensex at 20000: Markets will give credit where it is due

Jan 18, 2013

Sensex at 20000: Markets will give credit where it is due

A good budget will see markets taking up PSU stocks along with the broad market and since PSU stocks have underperformed over the last two years the catch up could fetch handsome returns to investors. #Sensex #Stock market #Fuel Subsidy #Diesel Price HIke #Budget 2013