Posts Tagged ‘ INdia ’

Monetary Policy: 2008

MEASURES ANNOUNCED Repo Rate increased by 50 bps from 8.5 per cent to 9 per cent CRR to be hiked by 25 bps to 9 per cent with effect from August 30, 2008 Bank Rate kept unchanged at 6 per cent Reverse Repo Rate under the liquidity adjustment facility (LAF) kept unchanged at 6 per [ READ MORE ]

Doha Round: Talks collapse

The WTO has convened a meeting of about 30 leading trade negotiators this week with the aim of mapping out a deal to conclude the long-delayed Doha Round of global trade talks. The Doha Round began seven years ago with the aim of helping poor countries, but it has been delayed by disputes between developed [ READ MORE ]

KG Basin: Doubling India’s Gas Supply by 2010

India, Asia’s third-largest oil consumer, is encouraging use of natural gas to control its oil import bill and rein in inflation but there is not enough supply to satisfy rising demand. Gas demand in India, at around 179 million standard cubic meters a day, is far short of the supply of about 95 mmscmd (including [ READ MORE ]

The World’s Biggest Private Equity Players

By Steve Rosenbush The private equity industry is growing at a stunning pace, transforming the structure and balance of power in global business. These firms purchase companies privately, without the use of shares that trade publicly on the stock market. Private equity firms have lots of cash and access to vast amounts of cheap debt. [ READ MORE ]

Aban Offshore $55 Million Contract Malaysia

Two contracts secured for Deep Driller Aban Offshore Ltd. has received letters of intent for the deployment of the jackup rig Deep Driller 2 offshore Malaysia for two separate well programs. The first three-well program, with revenue of $17 million, has an estimated duration of 90 days in direct continuation of an existing contract. The [ READ MORE ]

foreign exchange reserve: India

Foreign exchange reserves are important indicators of ability to repay foreign debt and for currency defense, and are used to determine credit ratings of nations. Large reserves of foreign currency allow a government to manipulate exchange rates – usually to stabilize the foreign exchange rates to provide a more favourable economic environment.                                                                                                                                                                                                            India’s total foreign exchange [ READ MORE ]

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