petro

Petro Dollar During the oil crises of 1973, the Capital markets have played a very important role. They accepted the dollar deposits from oil exporters and channeled the funds to the borrowers in other countries. This is called ‘recycling the petrodollars’. Junk Bonds A junk bond is...

Petro dollars are now finding their way into India. Surprising it may sound but High Networth Individuals (HNIs) and financial institutions (read sovereign wealth funds) in the Middle-East are now routing their money to India through private equity firms. According to sources in the private...

It is not only petrol and diesel prices that will be "reviewed" at the meeting of the Group of Ministers (GoM) on Thursday. The prices of two other subsidised commodities -- kerosene and LPG -- will also be reviewed, Petroleum Minister Murli Deora said today. This would be the first meeting of...

Myth that Reliance broke: "Market share of petroleum products depends on the retail outlet share." Before Reliance Industries Ltd forayed into the business of petroleum retailing, the four public sector companies had reconciled to the above myth that had been guiding the petroleum retail...