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The action plan calls on ONGC to consider sale of stake in maturing fields such as Panna-Mukta and Ratna and R-Series in western offshore and onshore fields like Gandhar in Gujarat to private firms while divesting/privatising 'non-performing' marginal fields.
A public-pvt investment combo could trigger sustained growth: RBIHowever, private investment has been timid, and public investment has to has the added role to play of crowding in private investment, even as it increases capital formation out of budgetary resources.
from Stocks-Markets-Ec… Read MoreSGX Nifty up 45 points; here's what changed for market while you were sleepingNifty futures on Singapore Exchange traded 44.5 points, or 0.29 per cent, higher at 15,458.5 signaling that Dalal Street was headed for a positive start on Friday.
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… Read MoreWall Street ekes out gain as weekly jobless claims fallThe number of Americans filing new unemployment claims dropped more than expected last week to a 14-month low of 406,000 as pandemic restrictions continue to be lifted, while a separate report showed business spending on equi… Read MoreAsian stocks extend global rally to 7th day, US stimulus in focusThe MSCI world equity index added 0.1% to 709.71, nearing the all-time closing high of 710.36 set on May 7.
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… Read MoreStocks in the news: M&M, GMM Pfaudler, Infosys, Sun Pharma, Eicher Motors & Dilip BuildconInfosys co-founder of IT major SD Shibulal picked shares worth Rs 100 crore of the firm through an open market transaction.
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