Dec 08, 2013 at 16:51 | Source: PTI
The bank guarantee, which will be equivalent to the incremental revenue that RIL will get from the new gas price, will be encashed if it is proved that the company hoarded gas or deliberately suppressed production at the main Dhirubhai-1 and 3 (D1&D3) fields in the eastern offshore KG-D6 block.
Dec 06, 2013 at 16:34 | Source: Moneycontrol.com
Brent crude for January delivery was up 29 cents at USD 111.27 a barrel, after falling 1.5 percent in the previous two sessions. Still, the benchmark was on course for a 1.3 percent weekly gain, its third in four.
Dec 06, 2013 at 15:04 | Source: Reuters
Aiding Brent's rise was data on Thursday that showed the US economy grew faster than initially estimated in the third quarter, suggesting oil demand could improve in the world's top consumer.
Dec 06, 2013 at 13:21 | Source: CNBC-TV18
Speaking to CNBC-TV18, Lalit Kumar Gupta, chief executive officer, Essar Oil, says the FCCBs will be converted at an average price of Rs 130 and Rs 153 in two different tranches.
Dec 06, 2013 at 12:15 | Source: Moneycontrol.com
Nirmal Bang has come out with its report on metals & energy. "One can witness a range bound move Rs 28900 to Rs 29300 during the day. Prices are expected to remain under pressure," says the research firm.
Dec 05, 2013 at 15:57 | Source: PTI
The report points out that the shale boom could impact the oil price in an extreme medium- to long-term extreme scenario. Under this scenario, shale oil supplies increase substantially from the US and sufficient infrastructure would be in place to render shale oil exports competitive with GCC oil exports
Dec 05, 2013 at 13:30 | Source: Moneycontrol.com
Emkay Commodity Research has come out with its report on agricultural commodities. According to the research firm, one can buy NCDEX Soybean December contract above Rs 3820 with a stop loss of Rs 3750 for target price of Rs 3900.
Dec 04, 2013 at 12:55 | Source: Moneycontrol.com
Dani Commodities has come out with its report on Crude oil. According to the research firm, one can sell MCX Crude oil at Rs 6090 with a stoploss of Rs 6110 for target price of Rs 6060.
Dec 04, 2013 at 12:23 | Source: Moneycontrol.com
Nirmal Bang has come out with its report on metals & energy. "Selling pressure is expected to continue in gold prices. One can sell around Rs 29100-29150 with a stop loss above Rs 29320. Depreciating Rupee could limit the downside," says the research firm.
Dec 03, 2013 at 13:51 | Source: Moneycontrol.com
The positive impact of the high base wears off, the rabi crop - which is expected to be bumper - would have entered the market, keeping a fresh tab on prices. Beyond that, however, inflation in pulses will depend on demand revival and on whether farmers continue to increase production, says CRISIL.