Cairn Oil & Gas is preparing to monetise its Shale reserves in Rajasthan and has launched the next phase of Alkali-Surfactant-Polymer (ASP) injection, targeting up to 300 million barrels of recoverable oil from mature fields.
While renewable energy is witnessing accelerated adoption of storage-linked capacities, a sharper focus on monetisation is on the cards in the roads sector
Pune (Maharashtra) [India], June 9: To manage inflation and maintain economic stability, the Reserve Bank of India (RBI) updates the repo rate periodically. This shift in monetary policy has significant implications for various financial instruments, particularly Fixed Deposits (FDs). For po
New Delhi [India], June 7: The Reserve Bank of India's Monetary Policy Committee (MPC) has taken a decisive step to revive economic momentum by slashing the repo rate by 50 basis points, bringing it down to 5.5%, while also reducing the Cash Reserve Ratio (CRR) by 100 bps. These moves, combi
India's foreign exchange reserves (Forex) are sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, said Governor Sanjay Malhotra while announcing the outcome of the Monetary Policy Committee (MPC) decisions on Friday.
Indian stock markets opened on a cautious note on Friday, as investors remained in a wait-and-watch mode ahead of the Reserve Bank of India's key monetary policy announcement. The policy decision is scheduled to be announced at 10 AM.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the policy repo rate today at 10 AM in Mumbai, as the three-day Monetary Policy Committee (MPC) meeting comes to a close.
The Monetary Policy Committee (MPC) is expected to maintain its focus on supporting the ongoing recovery in economic growth momentum, Careedge Ratings said in a report.
Khera highlighted that Pakistan has received a USD 1 billion loan by International Monetary Fund (IMF) on May 9; USD 40 billion from World Bank on under the Country Partnership Framework (CPF); and recently on June 4 A USD 800 million loan from the Asian Development Bank (ADB).
Majority of the Industry leaders believed that current economic conditions, marked by controlled inflation and improved growth, provide room for a modest rate cut that could boost credit flow and support key sectors like MSMEs, housing, and healthcare.
The market experts believe that the investors are buoyed by the hopes of developments in the India-US trade deal and a rate cut by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI).