Posted by
kamal on Jun 25th, 2009 in
Oil & Gas |
0 comments
On 23 June ’09, we came across the news that ONGC has made three oil and gas discoveries. First, the Natural Gas in the IE block in the KG basin. Second, Oil in Charada-3 in the Cambay basin. Third, Oil & Gas in Matar area in Vadodara district.
ONGC made 28 oil and gas discoveries in FY09 and the management has clarified that these 3 oil discoveries are a part of discoveries made in the last fiscal i.e. FY09....
Posted by
tarun on Jun 19th, 2009 in
Economy,
India |
0 comments
Inflation for the week ended 6th June 09 came at -1.61%. It has happened for the first time since 1977 that we have a negative inflation. And this only evinced a smirk from most as for every man on the street, these figures have no meaning as they continue to pay more and there is no indication for them that prices have come down.
The markets also gave this number a cold shoulder and ignored it completely. But it...
INR@ 47.13, Inflation negative, liquidity all time high, FII inflows but yields rise, Primary articles fall silently, Stocks Scare on retreat of tax breaks.US 10Y 13 BP in 1 day on borrowing, Tread Reversal – Strong US data $ rises? , Oil up on Nigeria and OPEC.IIFCL disburses 54 billion looks for more , UBS to sell Hyderabad.
INR
INR @ 48.16 and could edge up on Friday, after hitting 1M lows in the previous...
INR past 48, may rise as Eur recovers, Buy back and WPI to set direction for bonds, 5Y @ 6.61% .Advance tax 230 billion. Reliance falls on Gas.Fed rate hike fades on CPI , Global Economy better but far from good , Fed EX Corp disappoints, OPEC says no production. HDFC and HDFC BK to cut rates by 25 BP, Airlines hike fares on Jet Fuel.
INR
INR @ 48.05 @ expected to rebound from one-month lows on Thursday supported...
NDF above 48, SGX Nifty down, RBI announces buyback, US yields fall.Russia says new global reserve currency , AUD in favour,
Federal and Catholic Syrian Bank to merge, IDBI asks gov. for equity, BSE turns down NSE to marry NEAT & BOLT, Westside to expand.
INR
INR @ 47.86 & is expected to ease on Wednesday, as the $’s gains against the euro and falls in some regional stock markets may prompt FII to...