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Centre seeks Rs 15,546 cr fuel subsidy from upstream firms

Jul 31, 2014

Centre seeks Rs 15,546 cr fuel subsidy from upstream firms

Fuel retailers IOC, HPCL and Bharat Petroleum Corp Ltd (BPCL) sell diesel, domestic LPG and kerosene at government controlled rates which are way below the cost. #Economy #NewsTracker #Oil Ministry #ONGC #Indian Oil #LPG #Hindustan Petroleum #Oil India #Fuel Subsidy #GAIL India
A decent effort: Arun Jaitley's budget rates a 7 out of ten

Jul 11, 2014

A decent effort: Arun Jaitley's budget rates a 7 out of ten

On the whole the FM has done a good job working through the constraints with the budget, and tried to give incentives wherever possible and allocating funds where necessary. #India #fiscal deficit #Arun Jaitley #PPF #Budget Analysis #Fuel Subsidy #Budget 2014
Budget 2014: How Modi, Jaitley can 're-energise' India

Jul 01, 2014

Budget 2014: How Modi, Jaitley can 're-energise' India

From diesel to kerosene to cooking gas, the benefits of rationalizing energy subsidies are plenty. Prices will tick up in some items, but there will be a massive lessening of fiscal pressures, lowering generalized inflation. #Inflation #Energy #Petrol #Diesel #Kerosene #Price Rise #Union Budget #Fuel Subsidies #Budget 2014 #under recovery #cooking gas subsidy #Budget 2014 Analysis
Govt was trying to do a 'rescue act': Chidambaram hits out at critics

Feb 18, 2014

Govt was trying to do a 'rescue act': Chidambaram hits out at critics

On containing fiscal deficit and CAD at the cost of expenditure, Chidambaram said the total spending cut is Rs 75,000 crore out of the total expenditure of Rs 15,90,434 crore which does not have the impact that many imagine would have on the economy. #bank #TheySaidIt #fiscal deficit #Chidambaram #Tax #exports #Fuel Subsidy #Budget 2104 #government finances #financial markets. TMC
Chidambaram has screwed the next govt even before it takes over

Feb 17, 2014

Chidambaram has screwed the next govt even before it takes over

The only way the next finance minister would be able to meet the fiscal deficit target would be by following Chidambaram's strategy of postponing expenditure #Economy #India #GDP #InMyOpinion #fiscal deficit #manufacturing #Chidambaram #Tax #Food Security Act #Fuel Subsidy #Vote on account #Budget 2014 #government finances

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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 #Budget2013 #Fuel Subsidy #Diesel Price HIke
Sensex at 20000: Markets will give credit where it is due

Sep 21, 2014

Indonesia Fuel-Subsidy Fraud to Test Widodo

The breakup of an alleged fuel-smuggling ring highlights how the country's swelling fuel-subsidy spending can encourage corruption, while posing the first major test for incoming President Joko Widodo...
Sensex at 20000: Markets will give credit where it is due

Sep 17, 2014

Yemen clashes escalate as army shells rebels

Dozens of people have been killed in two days of fighting between Houthi rebels and government-allied forces at the outskirts of the Yemeni capital, sources tell Al Jazeera. The army on Wednesday shelled Houthi positions in the suburb of Wadi Dhahr a... #Yemen #Houthis
Sensex at 20000: Markets will give credit where it is due

Sep 17, 2014

Yemen clashes escalate as army shells rebels

Dozens of people have been killed in two days of fighting between Houthi rebels and government-allied forces at the outskirts of the Yemeni capital, sources tell Al Jazeera. The army on Wednesday shelled Houthi positions in the suburb of Wadi Dhahr a... #Yemen #Houthis