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Logical to have trade parity pricing: Kirit Parikh
May 22, 2013 at 20:24 | Source: CNBC-TV18
Kirit Parikh, former member, Planning Commission, says that though he has been recommending trade parity pricing, questions have been raised by oil marketing companies and others.
FinMin okays Rs 45,000cr for Jan-Mar oil subsidy
May 22, 2013 at 17:47 | Source: CNBC-TV18
Finance Ministry has approved Rs 45,000 crore for January-March oil subsidy. Meanwhile, export parity pricing, although agreed upon by oil ministry will atleast take three months to be implemented.
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.
Oil retailers plunge on export parity pricing talks
May 22, 2013 at 14:16 | Source: Moneycontrol.com
Oil ministry has in-principal agreed to adopt export parity pricing for petroleum products after a meeting with finance minister and PMO, OMC stocks are down 4-6% following the news.
Moily asks Kelkar to suggest roadmap for freeing gas prices
May 22, 2013 at 00:08 | Source: PTI
Oil minister M Veerappa Moily has asked the Vijay Kelkar panel on energy security to suggest roadmap for freeing natural gas prices by March 2017

Videos »
Logical to have trade parity pricing: Kirit Parikh
Oil retailers plunge on export parity pricing talks
FinMin okays Rs 45,000cr for Jan-Mar oil subsidy
Rs 60K cr upstream subsidy burden expected: Quant Broking
See rupee above 53.70/$; Bernanke's testimony eyed: HSBC
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Rupee crosses 55: Will it halt equity, bond rally?
The Sensex and Nifty are just off by a couple of percentage points from all time highs, while the ten-year bond yield is at a three and half year low. The Indian Rupee (INR) is trading just off 3% fro...
May 22, 2013 at 14:40 | Source: FirstPost
Expect rupee to remain in a range of 54.50-56/$: Jamal Mecklai, Mecklai Financial Services
In an interview with ET Now, Jamal Mecklai, CEO, Mecklai Financial Services Ltd, shares his outlook for the rupee. Excerpts: ET Now: What is your sense on how much weakness can we see for the currency...
May 22, 2013 at 14:25 | Source: Economic Times
Rupee at 55: Will currency weakness derail market rally?
The Sensex and Nifty are just off by a couple of percentage points from all time highs, while the ten-year bond yield is at a three and half year low. The Indian Rupee (INR) is trading just off 3% fro...
May 22, 2013 at 12:52 | Source: FirstPost
Crude oil down ahead of release of US energy inventory report
Singapore, May 22: Oil was down in Asia today as traders waited for the release of the latest energy inventory report from the United States, analysts said.Weak demand and surging crude stockpiles in...
May 22, 2013 at 10:22 | Source: The Hindu BusinessLine
Gold settles lower as market looks to Fed cues
SAN FRANCISCO (MarketWatch) — Gold futures finished lower on Tuesday, pressured by a firmer dollar as investors looked for more cues from the U.S. Federal Reserve on the timing of a pullback in the...
May 22, 2013 at 06:52 | Source: Market Watch
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