Oct 20, 2014 at 11:20 | Source: CNBC
The price of widely-used diesel was deregulated effective midnight of October 18, while natural gas prices will be raised to USD 5.61 per million metric British thermal unit from USD 4.20 on November 1, and revised every six months.
Oct 19, 2014 at 15:34 | Source: PTI
On Saturday, in a much-awaited reform, the government deregulated diesel prices that resulted in a price cut of Rs 3.37 a litre. Retail rates of the fuel will now reflect international movement in oil prices.
Oct 14, 2014 at 12:00 | Source: Moneycontrol.com
Wholesale Price Index (WPI) inflation in September eased to 2.38 percent from 3.74 percent in August led by fall in fuel, food and manufactured products prices. The WPI was expected to come in at 3.1 percent.
Oct 14, 2014 at 11:59 | Source: Moneycontrol.com
A CNBC-TV18 poll had estimated WPI to come in at 3.1 percent on a lower primary and fuel inflation.
Oct 13, 2014 at 12:30 | Source: CNBC-TV18
Kunal Saraogi of Equityrush recommends buying Jet Airways for a target price of Rs 255 and advises selling IRB Infrastructure Developers for a target price of Rs 220.
Oct 13, 2014 at 08:34 | Source: CNBC-TV18
Akshata Deshmukh, Networth Stock Broking advises buying Strides Acrolab for a target price of Rs 790 and Mindtree for a target price of Rs 1,088.
Oct 11, 2014 at 12:29 | Source: CNBC
Official forecasts expect heating degree days in the US to be 12 percent lower than last winter, implying lower demand, the Organization of Petroleum Exporting Countries (OPEC) said in its monthly oil market report as Brent traded close to a four-year low.
Oct 10, 2014 at 15:44 | Source: CNBC
Indonesia, which enjoys some of the world`s lowest petrol prices thanks to USD 20 billion in annual fuel subsidies, could see prices rise between 13 US cents and 25 cents -an increase of up to 46 percent-in November, according to analyst estimates.
Oct 07, 2014 at 16:27 | Source: CNBC
Subsidy reforms and the implementation of a 6 percent goods and service tax (GST) are among the highlights, deemed necessary for the country`s fiscal consolidation efforts. But analysts and citizens alike are worried about a resulting spike in inflation.
Oct 06, 2014 at 13:42 | Source: Moneycontrol.com
This slump in oil price means lower subsidies on fuel sales for Indian oil companies, also increases optimism that team Modi can achieve a tough fiscal deficit target of 4.1 percent.