- 09:30 PM Positive global cues, RIL power markets
- 09:19 PM Hindalco launches $600m QIP book at Rs 130.9/s...
- 09:00 PM Telecom woes: Lower tariffs, consolidation seen ah...
- 08:53 PM Prestige Group ramps up investment plans
- 08:35 PM Looking for a cheap house, try south India
- 07:55 PM Mahindra arm to bid for $3.5 bn defence deals
- 07:26 PM Tech Toyz celebrates the waning of recession
- 07:23 PM Experts see mkts at new highs, advise sectors
- 07:21 PM HCL Tech bags $200m order from UK’s Equitable ...
- 07:15 PM Curtains go up on International Film Festival of I...
The Oil Ministry says it won't hike fuel prices for now. That's because the average price of the Indian crude basket for August was below USD 71, reports CNBC-TV18.
If one looks back, on June 4, when the government last hiked fuel prices, it 
said that if the Indian crude basket crosses USD 71 per barrel, then oil companies would have the freedom to review fuel prices. But that obviously does not seem to be happening now. The average Indian basket price for crude in August was at USD 70.84 per barrel.
Oil companies too don't seem to be perturbed by this government decision as oil prices have been moving southwards for a couple of weeks now.
|
|
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
-
Most Read
-
Most Viewed
- 10 Companies that FIIs love
- Corrections in '10 to be more aggressive, violent: JPMorgan
- 10 companies that MF managers love
- Bollywood actress Shilpa Shetty marries Raj Kundra
- Ignore Buffett, gold`s time has come
- LyondellBasell development positive for RIL: PN Vijay
- Accumulate Bharti Airtel: Phani Sekhar
- Ganeshaspeaks: Market prediction for Nov 23
- Positive global cues, RIL power markets
Source: CNBC-TV18
- Hindalco launches $600m QIP book at Rs 130.9/sh
Source: CNBC-TV18
- Telecom woes: Lower tariffs, consolidation seen ahead
Source: CNBC-TV18
- Prestige Group ramps up investment plans
Source: CNBC-TV18
- China`s Haitong Securities buys Hong Kong rival
Source: ft.com
- KSIDC in pact with FACT for trade centre
Source: Business Line
- GIC Re may have to pay Rs100cr for IOC's Jaipur fire claims
Source: Business Line
- Co-operative dairies seek restraint on oil-meal exports
Source: Business Line
