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In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years

Aug 01, 2015

In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years

While there will be relief at the moves to recapitalise India's banks, there would be some disappointment that the capital infusion was not bigger #SBI #fiscal deficit #Canara Bank #public sector banks #BoB #PNB #Jayant Sinha #Finance Minister Arun Jaitley #Bank Recapitalisation #crude oil price
Car owners rejoice: Petrol price cut by Rs 2.43/litre, diesel Rs 3.60 on lower crude

Aug 01, 2015

Car owners rejoice: Petrol price cut by Rs 2.43/litre, diesel Rs 3.60 on lower crude

Petrol in Delhi will cost Rs 64.47 per litre from tomorrow instead of Rs 66.90 at present, while a litre of diesel will cost Rs 46.12 as against Rs 49.72 currently, Indian Oil Corp (IOC) said in a statement. #NewsTracker #Petrol #Indian Oil #Arvind Kejriwal #Diesel #Bharat Petroleum #Hindustan Oil
Infrastructure sector growth slows down to 3% in June; coal, steel go lukewarm

Jul 31, 2015

Infrastructure sector growth slows down to 3% in June; coal, steel go lukewarm

The output growth of coal, steel, cement and electricity stood at 8.2 percent, 12 percent, 13.4 percent and 15.7 percent, respectively in June 2014. #coal #crude oil #NewsTracker #Natural gas #Infrastructure #Cement #steel #Commerce and Industry Ministry
Smooth takeoff: SpiceJet stock soars nearly 7% after co offers EMI option on its new scheme

Jul 24, 2015

Smooth takeoff: SpiceJet stock soars nearly 7% after co offers EMI option on its new scheme

Over the past one month, SpiceJet stock has surged more than 24 percent #oil prices #BSE #SpiceJet #airfare #offer
Indian Oil, Reliance Industries among seven Indian firms in Fortune Global 500 list

Jul 23, 2015

Indian Oil, Reliance Industries among seven Indian firms in Fortune Global 500 list

While Indian Oil, Reliance, Bharat Petroleum, Hindustan Petroleum, and Oil and Natural Gas slipped in rankings from the previous year, Tata Motors and SBI improved in rankings. #Business #Walmart #Reliance Industries #Tata Motors #NewsTracker #ONGC #Indian Oil #Hindustan Petroleum #Bharat Petroleum #Fortune 500
Rs 1 lakh cr gain from lower oil, higher tax mop-up; govt readying for a splurge

Jul 23, 2015

Rs 1 lakh cr gain from lower oil, higher tax mop-up; govt readying for a splurge

With oil hovering around $70 a barrel and buoyant indirect tax collections, govt to spend Rs 1 lakh crore more on infra and social-sector schemes #Economy #crude oil #Government #Iran #infra #Centre #Indirect tax #Social Sector Schemes
Greek bailout relief sends Sensex soaring 154 pts; bank, oil & gas shares rally

Jul 16, 2015

Greek bailout relief sends Sensex soaring 154 pts; bank, oil & gas shares rally

Market breadth was upbeat with 1,271 stocks advancing against 569 declines on BSE #Sensex #nifty #Greece #BSE #Oil & Gas
India to seek rights for developing Iranian gas field

Jul 14, 2015

India to seek rights for developing Iranian gas field

Iran, in February 2012, issued a one-month ultimatum to the OVL-led consortium over the development of a gas field. #crude oil #NewsTracker #ONGC #Indian Oil #ONGC Videsh #Oil India #Essar Oil #Persian Gulf #Master Development Plan