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Rs 60K cr upstream subsidy burden expected: Quant Broking
May 22, 2013 at 17:16 | Source: CNBC-TV18
Rs 60,000-crore upstream subsidy burden was mostly in line with ONGC's expectations, says Gagan Dixit, Quant Broking. He added that however, crude prices have corrected, and diesel under-recoveries have dipped below Rs 4.
Sell MCX Crude at Rs 5330; target Rs 5300: Dani Commodities
May 22, 2013 at 16:37 | Source: Moneycontrol.com
Dani Commodities has come out with its report on MCX Crude oil. According to the research firm, one can sell MCX Crude at Rs 5330 for price target of Rs 5300 with a stop loss of Rs 5350.
Weaker rupee can support gold prices: Emkay
May 22, 2013 at 14:38 | Source: Moneycontrol.com
Emkay Commodity Research has come out with its report on precious, base metals and energy. According to the research firm, Gold in India is also likely to be in range. However a weaker rupee due to weak domestic markets can support prices.
Oil price falls toward $96 per barrel
May 21, 2013 at 16:32 | Source: AP
Brent crude, a benchmark for many international oil varieties, fell 50 cents to USD 104.30 a barrel on the ICE Futures exchange in London.
Lack of physical gold buying to keep prices in range: Emkay
May 21, 2013 at 14:58 | Source: Moneycontrol.com
Emkay Commodity Research has come out with its report on precious metals and energy. According to the research firm, gold prices are expected to move in a range as technical buying in lower levels and lack of physical buying can keep the prices in range.
Jeera fut to gain support from exports demand: Fortune Fin
May 21, 2013 at 14:55 | Source: Moneycontrol.com
Fortune Financial Services has come out with its report on agricultural commodities. According to the research firm, Jeera futures are likely to gain support from a pick-up in exports demand. High output estimates are, however, likely to limit any sharp rise in jeera prices.

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RBI may step in to calm market if Re depreciates significantly: Neeraj Gambhir, Nomura Capital India
In an interview with ET Now, Neeraj Gambhir, MD & Head, Fixed Income India, Nomura Capital India Pvt, shares his outlook for treasury. Excerpts: Let us talk about what is happening with the rupee beca...
May 20, 2013 at 15:41 | Source: Economic Times
Rupee touches 55-mark on weak euro, modest inflows
Mumbai, May 17: The rupee opened weak at 54.92 against the dollar from the previous close of 54.78 on Thursday. The domestic unit touched the 55-mark in early trade on the back of a weak euro and mod...
May 17, 2013 at 11:02 | Source: The Hindu BusinessLine
Diesel price hike credit positive for oil firms, says Moody's
New Delhi: Last week's about Re 1 a litre hike in diesel prices will help state-owned retailers to cut losses they make on selling the fuel at government controlled rates, Moody's Investors Service sa...
May 16, 2013 at 17:44 | Source: FirstPost
Diesel price hike is credit positive for oil firms: Moody's
NEW DELHI: Last week's about Re 1 a litre hike in diesel prices will help state-owned retailers to cut losses they make on selling the fuel at government controlled rates, Moody's Investors Service s...
May 16, 2013 at 17:16 | Source: Economic Times
Crude futures down at Rs 5,135 per barrel
New Delhi, May 16: Crude oil futures prices fell 0.48 per cent to Rs 5,135 per barrel today, after speculators reduced their exposures amid a weak trend in Asian trade.At the Multi Commodity Exchange...
May 16, 2013 at 12:32 | Source: The Hindu BusinessLine
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