Dec 19, 2014 at 11:28 | Source: CNBC-TV18
Prakash Diwan believes the market has already priced in the fact that the government may miss its fiscal deficit target of 4.1 percent. He believes valuations are still stretched despite the recent correction and there is still a chance of a 4-5% softness ahead, particularly on the mid-cap side.
Dec 18, 2014 at 22:15 | Source: Firstpost.com
The falling price of oil caused more by West Asian geopolitics than just plain old demand and supply factors is driving another nail in the coffin of western dominance.
Dec 18, 2014 at 22:00 | Source: PTI
As per ICRA's estimates, the subsidy burden on PSU upstream companies is expected to decrease to Rs 28,000-34,000 crore by FY16 as the overall GURs are projected to decline to Rs 56,000 crore during the year at crude oil price of USD 70 per barrel considering Rs 63 a dollar.
Dec 18, 2014 at 17:32 | Source: Moneycontrol.com
Investors expecting a big bang market friendly budget, should use current volatility as an entry point in equities. For those expecting delay in reforms and rate cuts, wait could be longer.
Dec 18, 2014 at 16:59 | Source: CNBC-TV18
The dispute was between GAIL and GSPCL, which is another government undertaking, with respect to the pricing mechanism being employed for the Dabhol pipeline.
Dec 18, 2014 at 13:46 | Source: CNBC-TV18
Speaking to CNBC-TV18, Ravi Kirpalani, MD, Castrol India says the base oil price decline has been half that of crude price. The company plans to pass on some of the benefits of reduced base oil prices to consumers.
Dec 18, 2014 at 12:24 | Source: Moneycontrol.com
According to Sushil Finance, Crude oil prices are likely to trade on negative note on the back of increasing supply and decreasing demand is likely to keep crude oil prices under pressure, says the report.
Dec 18, 2014 at 11:48 | Source: CNBC-TV18
Sashi Krishnan, CIO, Birla Sun Life, maintains a cautious approach towards upstream companies, while being positive on oil marketing companies. He expects OMCs to see an improvement in earnings with falling prices.
Dec 18, 2014 at 10:31 | Source: CNBC-TV18
Baba Kalyani also adds that GST is unlikely to generate any great operational efficiency for the company.
Dec 18, 2014 at 09:18 | Source: CNBC
Sanctions have cut off Russia's access to foreign capital at the same time that falling oil prices (down almost half from their 2014 peak) make that access even more essential so Russia can refinance its debt.