Deciphering Core Sector Growth…

Core sectors recorded growth of just 1.5% for the month of Jan’19 as per the ministry of commerce data released today. While growth has come down sharply from a peak of 7.8% in June’18, it is more a result of base effect than any decline in activity. Average growth for the first ten months of … Continue reading Deciphering Core Sector Growth…
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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..!

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..!

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..

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..