| No immediate plans to hike fuel prices: Govt | 19-NOV-09 |
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| The government has no immediate plans to raise petrol and diesel prices even though raw material costs have surged to their highest level this year, Petroleum Secretary R S Pandey said today. |
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| Domestic crude oil production falls 1.2% in H1: CMIE | 17-NOV-09 |
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| Domestic crude oil production in India declined by 1.2 per cent in HI of the current fiscal from the same period a year ago due to fall in output by oil exploration and production major-- ONGC, an economic think-tank said in its report. |
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| Kingfisher to raise $600 mn, mostly to pay off debt | 10-NOV-09 |
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| Kingfisher Airlines is planning to raise around $600 million worth of funds in the current financial year to pay off its debt and strengthen its bottom line, in the backdrop of a turbulent time for the country’s aviation industry. |
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| RIL close to buying crude oil from Cairn | 04-NOV-09 |
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| Reliance Industries (RIL) is close to striking a deal to buy crude oil from Cairn India's prolific Rajasthan oil fields and the first parcel may reach its Jamnagar refineries by the fourth week of November. |
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| Oil extends gains in Asian trade | 03-NOV-09 |
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| Oil rose further in Asian trade today, underpinned by a better-than-expected expansion in the US manufacturing sector, analysts said. |
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| Oil higher in Asian trade, investors cautious | 02-NOV-09 |
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| Oil was slightly higher in Asian trade today but, investors remained cautious over the outlook for energy demand, as worries remain over the strength of the US economic recovery, analysts said. |
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| Cairn can sell crude oil to pvt refiners | 30-OCT-09 |
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| Cairn India, which reported a 60 per cent rise in quarterly profit after two straight quarters of decline, has got the government’s permission to sell crude oil to private refiners. The permission could help the company get a better price for the crude it produces at the Barmer block in Rajasthan. |
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| Stance to spur growth | 28-OCT-09 |
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| ‘The guidance for the October monetary policy is clear. There is enough liquidity in the system to meet the demand from the government and private borrowers, good growth momentum, good flow of offshore liquidity through debt and capital markets, and rock-solid stability in money markets, despite the fiscal deficit. Markets have fared well since the July policy, with a decent rally in the stock market, appreciation of the rupee and stable bond yields. |
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| Larsen & Toubro: Margin surprise | 23-OCT-09 |
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| L&T’s future looks better with the economy showing signs of revival, higher infrastructure spending and firm crude oil prices. |
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| OMCs fear rise in underrecoveries | 17-OCT-09 |
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| As crude oil prices touched a fresh one-year high, trading at above $75 a barrel on Thursday, analysts and oil sector executives said underrecoveries could rise and become a cause of concern. |
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