Towards Energy Security – India's Oil Hunt..!

Cabinet’s approval to the consortium of Indian oil sector companies earlier this week to acquire stake in assets abroad highlights India’s continued need to secure reserves overseas. The stake is a small fraction of India’s total needs, yet an important step involving sizable investment of over Rs 21,000 crore. Other than the addition to India’s total oil … Continue reading Towards Energy Security – India's Oil Hunt..!
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Deciphering Core Sector Growth…

Core sector data released last week shows that the eight core sectors have recorded an impressive growth of 6.4% in March’16. More importantly, this is the fifth month when growth rate has improved over previous months indicating consistency which is quite unusual for a data set like this. The significance of core sectors is that these … Continue reading Deciphering Core Sector Growth…
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Reliance Industries, Q 4'16 results..

Reliance Industries has posted another impressive results with 16% growth in consolidated profits for March’16 quarter, even though total income has decline by 11%. The income decline is on account of sharp decline in crude and product prices.However, the company has managed to protect its refining margins. The E & P (classified as Oil & Gas segment), recorded … Continue reading Reliance Industries, Q 4'16 results..
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