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Include shale gas on your New Delhi agenda: Lawmaker to Kerry

Jun 20, 2013 at 08:18 | Source: FirstPost

Washington:A US lawmaker has requestedSecretary of State John Kerry to include the issue of shalegas export to India in his agenda when he travels to New Delhinext week for the India-US Strategic Dialogue."As you travel to India for the US-India...

Panel for renewal of environment clearance for Posco s project in Odisha

Jun 20, 2013 at 05:51 | Source: Economic Times

NEW DELHI: An expert panel has recommended renewal of environment clearance for Posco's proposed steel project in Odisha, raising hopes that the Korean company will be able to start work on its much-delayed plant. Posco's original $12-billion propos...

Euro zone wrangling may cost Greece 2 bn euros in 2013:Reports

Jun 20, 2013 at 00:06 | Source: Economic Times

BRUSSELS/ATHENS: European foot-dragging could leave Greece short of 2.0 billion euros ($2.7 billion) this year as some euro zone creditors are reluctant to roll over their Greek debt holdings, Greek and euro zone sources involved in the matter told ...

Energy stocks gain modestly ahead of Fed

Jun 19, 2013 at 22:12 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Energy stocks inched higher on Wednesday, going against the broad U.S. equity markets as investors awaited word from the U.S. Federal Reserve. After a two-day rally, stocks paused ahead of the Fed decision and a news ...

‘Indian actions discriminating against US exports and sales’

Jun 19, 2013 at 20:35 | Source: The Hindu BusinessLine

Washington, June 19: Alleging that Indian actions over the past one year has been discriminating against US exports and sales, an association of top American business groups has asked the Obama Administration to raise its concerns with New Delhi dur...

Veerappa Moily hits back, says Gurudas Dasgupta swayed by vested interests

Jun 19, 2013 at 20:35 | Source: Economic Times

NEW DELHI: Strongly refuting allegations of favouring Reliance Industries, Oil Minister M VeerappaMoily today hit back at CPI leader GurudasDasgupta saying the Left MP was being swayed by vested interests to stall decision making in the oil sector. ...

Govt focus on gas deals, higher prices

Jun 19, 2013 at 19:37 | Source: Calcutta Telegraph News

New Delhi, June 18: The government is actively pursuing a hike in natural gas prices to speed up investment in oil and gas exploration. At the same time, state-owned GAIL is negotiating to sell LNG to Pakistan. A draft note from the petroleum minist...

Oil edges up before inventory data, Fed news

Jun 19, 2013 at 19:37 | Source: Market Watch

NEW YORK (MarketWatch) — Crude-oil futures were slightly higher Wednesday before a much-awaited Federal Reserve decision and weekly supply data from the government. Crude for July delivery (NMN:CLN3)  added 2 cents, or less than 0.1%, to $98.46 a...

President to inaugurate power project in Tripura

Jun 19, 2013 at 19:37 | Source: The Hindu BusinessLine

New Delhi, June 19: President Pranab Mukherjee will on Friday inaugurate Oil and Natural Gas Corp’s Rs 3,429-crore power project in Tripura. The first unit of the 726.6 MW gas-based power plant has started generating electricity and will be fo...

US lawmakers, businesses demand Indian trade reforms

Jun 19, 2013 at 13:16 | Source: Economic Times

WASHINGTON: Alleging that Indian actions over the past one year has been discriminating against US exports and sales, an association of top American business groups has asked the Obama Administration to raise its concerns with New Delhi during Secret...

Oil climbs on Syria tensions, ahead of supplies

Jun 19, 2013 at 11:42 | Source: Market Watch

NEW YORK (MarketWatch) — Crude-oil futures ended higher Tuesday as Mideast tensions supported prices, then built on their gains in electronic trading after the first release of weekly supply data. Crude for July delivery (NMN:CLN3)  added 67 cent...

Oil seesaws ahead of inventory, Fed updates

Jun 19, 2013 at 11:42 | Source: Market Watch

LOS ANGELES — U.S. crude-oil futures seesawed Wednesday following data that oil stockpiles declined, and ahead of expected comments from the U.S. Federal Reserve about the outlook on its stimulus efforts. Crude for July delivery (NMN:CLN3)  were ...

Gujarat annual Plan fixed at Rs 59,000 cr

Jun 19, 2013 at 11:42 | Source: The Hindu BusinessLine

New Delhi, June 18: After Andhra Pradesh, Gujarat has raised the issue of pricing and availability of coal and natural gas in a meeting with the Planning Commission. The annual plan for the Gujarat has been fixed at Rs 59,000 crore, higher by 15 per...

Nifty stuck at 5800 ahead of Fed meet, rupee weak, telecom stocks gain

Jun 19, 2013 at 09:31 | Source: FirstPost

Indian markets opened in the red this morning as caution and anxiety prevail ahead of the two-day Fed meet that ends on Wednesday.Global cues are strong. The US markets gained after a report on consumer prices revealed that inflation is subdued.Meanw...

ONGC hires drilling rig for Rs 2.39 cr per day

Jun 19, 2013 at 08:36 | Source: Business Today

State-owned Oil and Natural Gas Corp (ONGC) has signed a contract to hire a long-idled ultra-deepwater drillship of US-based Transocean for $412,000 (about Rs 2.39 crore) per day.ONGC hired 'GSF Explorer' drilling rig for one year beginning July at ...

Asian Futures Signal Gains as US Stocks Jump on Fed; Gas Rises

Jun 19, 2013 at 08:00 | Source: Business Week

Asian equity futures (NKA) rose, indicating shares from Japan to Australia may follow U.S. stocks higher, on prospects the Federal Reserve will signal the fate of monetary stimulus after its meeting today. The yen held declines, while natural gas and...

Asian Futures Tip Gains as US Jumps on Fed; Gas Rallies

Jun 19, 2013 at 06:00 | Source: Bloomberg

Asian equity futures (NKA) rose, indicating shares from Japan to Australia may follow U.S. stocks higher, on prospects the Federal Reserve will signal the fate of monetary stimulus after its meeting today. The yen held declines, while natural gas and...

India eyes narrow political window for gas price hike

Jun 19, 2013 at 05:45 | Source: FirstPost

NEW DELHI (Reuters) - The government could this week take the unpopular measure of raising gas prices for the first time in three years as it pushes a package of reforms aimed at giving industry a boost, reviving a spluttering economy and boosting LN...

ONGC finds CCI nod inadequate

Jun 19, 2013 at 02:22 | Source: Financial Express

Oil and Natural Gas Corporation (ONGC) might soon approach the government to reduce the minimum work programme (MWP) for its KG-OSN-2009/4 block in the Krishna-Godavari Basin that was partially cleared by the Cabinet Committee on Investment (CCI) in...

Treasurys end mixed on Fed jitters

Jun 19, 2013 at 02:22 | Source: Market Watch

NEW YORK (MarketWatch) — Treasury prices ended mixed on Tuesday as the Federal Open Market Committee began a two-day meeting, which investors hope will clarify the trajectory of monetary policy. The 10-year note (ICAPSD:10_YEAR)  yield, which mov...

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Monsoon live: Water level of Yamuna recedes marginally "Monsoon live: Water level of Yamuna recedes marginally"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

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Jun 19 2013, 23:15

Buy quality NBFCs with a shot at setting up a bank: Motilal

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Jun 19 2013, 12:44

Weak rupee to benefit export oriented IT cos: Dipan Mehta

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