Jahangir Aziz, chief economist at JPMorgan is unlikely to attain FY15 inflation target of 6 percent. Talking about the recent upgrade by rating agency S&P, he said it will be advantageous to those corporate looking to raise funds offshore.
in early trade.In commodities, Brent crude trades close to 97 levels giving back most of their gains from the previous session as dollar strengthens.From precious metals space, gold prices fall as a dollar
Bank as rate differentials swing decisively in the greenback's favour. The dollar index hit a new four-year high.In commodities, Brent crude prices hover around 97 dollars per barrel as abundant supply
the block is planned for 2018 and first oil in 2019," Oil and Natural Gas Corp (ONGC) Chairman and Managing Director Dinesh K Sarraf told reporters here.While a bulk of its near 25 million tonnes crude oil
) and Enhanced Oil Recovery (EOR) schemes on these fields."Our efforts have paid off well - with 7.46 million tonnes in FY'14 alone, which is about 33 per cent of ONGC's domestic crude production. Thus, till FY'14