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Oil at 2015 high on Saudi-led bombing blitz of Yemen

Apr 24, 2015

Oil at 2015 high on Saudi-led bombing blitz of Yemen

Crude oil prices settled up 3 per cent, hitting 2015 highs, while US gasoline reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies. #US #oil #NewsTracker #Yemen #bombings #Saudi #US Energy
Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

Apr 22, 2015

Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

The government's decision to free ONGC from having to subsidise LPG this year is good, but this decision cannot depend on the vagaries of global oil prices. Deregulation cannot be brought in or abandoned based on convenience #ONGC #LPG Subsidies #Dharmendra Pradhan #Oil Price Deregulation #Windfall Profits Tax
With more banks expected to follow ICICI and Axis on rate cuts, is it time for RBI to ease further?

Apr 15, 2015

With more banks expected to follow ICICI and Axis on rate cuts, is it time for RBI to ease further?

With banks falling in line somewhat, the first hurdle for future rate cuts is cleared; but the critical factor is the rains and crude prices #Inflation #RBI #Interest rate #ICICI Bank #SBI #Economic growth #Axis Bank #Raghuram Rajan #Growth #crude oil price
India growth rate to touch 8% by 2017, says World Bank

Apr 15, 2015

India growth rate to touch 8% by 2017, says World Bank

The country is attempting to shift from consumption to investment-led growth, at a time when China is undergoing the opposite transition, it said. #India #China #World Bank #oil #TheySaidIt #Growth
Centre mulls auction of ONGC, Oil India oil fields to private firms

Apr 14, 2015

Centre mulls auction of ONGC, Oil India oil fields to private firms

The ministry is reasoning the auctioning of the marginal fields to they being uneconomic for a large firm with huge overheads to develop or bring to production. Smaller firms with a fraction of operating cost can develop them at a much faster and economic rate. #CAG #NewsTracker #ONGC #LPG #Kerosene #Oil India #CCEA #New Exploration Licensing Policy

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After Deng-isms, some Teddy-isms for our next Prime Minister

Feb 25, 2014

After Deng-isms, some Teddy-isms for our next Prime Minister

Theodore 'Teddy' Roosevelt was also called the "trust buster", smashing Americas "robber baron" monopolies with ruthless reforms. #Anna Hazare #United States #InMyOpinion #Sanitation #Fareed Zakaria #Woodrow Wilson #Theodore Roosevelt #Standard Oil
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