There will be no subsidy burden on ONGC till crude oil is at or below USD 60 per barrel. ONGC will have to pay 85 percent of incremental price above USD 60/ bbl as subsidy if crude is between USD 60-100 per barrel.
Hindalco Industries | Idea Cellular | Bharti Airtel | Tourism Finance Corporation | GAIL | Praksh Industries | Premier Explosives | IIFL Holdings | Phoenix Lamps | Dish TV | Astral Poly Technik | IL&FS Engineering | DB Realty and Essar Oil are stocks, which are in the news today.
.Home to some of the world's largest naturalgas and coal reserves, Central Asia has been a region of geopolitical strife ever since the original 'Great Game,' a reference to Britain and Russia's political
prices above USD100/bbl, we expect the same to be codified for the full year, if oil prices remain rangebound," it says in a report.At 09:59 hrs Oil and NaturalGas Corporation was quoting at Rs 306.45, up