Fuel Prices To Weigh On RBI’s MPC 3-day Meet

Fuel Prices To Weigh On RBI’s MPC 3-day Meet

Hardening domestic fuel prices are likely to weigh on the Reserve Bank’s rate setting panel, Monetary Policy Committee (MPC), at its 3-day meet from June 4. This is the first time that the MPC will meet for three days due to “administrative exigencies”.

Let India’s ONGC Cash Grab Remain A Bad DreamONGC

Let India’s ONGC Cash Grab Remain A Bad DreamONGC

Here we go again. The gyrations in India’s biggest state-run oil explorer, whose stock was down more than 11.5 percent at one point last week, are a reminder that a nightmare investors thought was over might be resuming.