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Expect poor Q3 earnings: Plummeting commodity prices may hit India Inc's profits

Jan 09, 2015

Expect poor Q3 earnings: Plummeting commodity prices may hit India Inc's profits

In what could act as a further flashpoint for equities that appear to have run into nervousness of late, most analysts have muted expectations from the set of third-quarter earnings India Inc will start reporting from tomorrow. #Sensex #bullion #nifty #FMCG #Banks #Rupee #consumer goods #markets #Kotak #Crude #IT #realty #Pharma #India Inc #Earnings #Edelweiss #consumer durables #OMCs #Analysts #financials #Commodity prices #Q3 earnings #Oil & Gas #base metals
Excise duty on petrol, diesel raised but don't expect a price hike

Dec 03, 2014

Excise duty on petrol, diesel raised but don't expect a price hike

Government today raised excise duty on petrol and diesel by Rs 2.25 and Rs 1 a litre respectively, but consumers will be spared of price hike.
#Petrol #Diesel #prices #OMCs #excise duty
LPG prices will be freed after Delhi polls in Feb; you could get cash upto Rs 6,800 p.a.

Nov 10, 2014

LPG prices will be freed after Delhi polls in Feb; you could get cash upto Rs 6,800 p.a.

The NDA is moving ahead on deregulating LPG prices by fixing a limit on the subsidy at Rs 568 a cylinder. The decontrol will be announced anytime in March or April. #ONGC #Oil India #OMCs #Direct cash transfers #cooking gas subsidy #LPG Deregulation
In his last act, Chidu fleeces oil companies even more to maintain his fiscal fiction

May 24, 2014

In his last act, Chidu fleeces oil companies even more to maintain his fiscal fiction

The UPA government has expanded the share of subsidies that the oil and gas producers have to pay in 2013-14 so that it can show a lower fiscal deficit. This is nothing but accounting sacrilege. #P. Chidambaram #oil #ONGC #Oil subsidies #GAIL #Modi #OMCs #misgovernance #Public Sector Oil Companies
Oil companies squeezed to meet fiscal deficit target

Nov 11, 2013

Oil companies squeezed to meet fiscal deficit target

State-run oil companies are feeling the pain of the finance minister's determination to meet his fiscal deficit target, with officials warning that exploration is under threat and losses at oil firms could steepen. #P. Chidambaram #NewsTracker #oil companies #OMCs #M Veerappa Moily
More trouble for Chidu: Fiscal deficit hits 75% of target in first 5 months

Oct 02, 2013

More trouble for Chidu: Fiscal deficit hits 75% of target in first 5 months

When the revenue is growing at around one fourth of the expected rate, meeting the revenue target will be very difficult. Expenditure on the other hand continues to rise more or less at the rate assumed in the annual budget. #P. Chidambaram #WhatNext #UPA government #Indian Economy #OMCs #diesel prices #Lok Sabha elections #Fisacal Deficit
10 things you need to know before the opening bell

Sep 12, 2013

10 things you need to know before the opening bell

US stocks closed higher on Wednesday, with the S&P 500 up for a seventh straight day, as geopolitical fears eased amid diplomatic efforts to allow Syria to surrender its chemical weapons, averting a US military strike. #Dollar #Gold #crude oil #oil #CRISIL #USD #MCX-SX #Asian stocks #US Stocks #Jaiprakash Associates #Financial Technologies #UltraTech #OMCs
Realty greed may result in closure of 88 Mumbai petrol pumps

Aug 02, 2013

Realty greed may result in closure of 88 Mumbai petrol pumps

Soaring land prices in Mumbai is taking a toll on the city's petrol pumps too as landowners of these fuel stations are giving in to the lure of real estate.

#HowThisWorks #Mumbai #IOC #Bharat Petroleum #OMCs #Petrol Pumps #Real estate
Rupee free fall: The gainers and losers

Jun 11, 2013

Rupee free fall: The gainers and losers

A stronger dollar boosts the sales of software firms in rupee terms as most of the software firms derive over half their revenues from the US #telecom #Rupee #manufacturing #IT #CurrencyWatch #OMCs #hedging