Petroleum | Corporate Law Reporter

India™s Foreign Trade: September, 2013

EXPORTS (including re-exports) Exports during September, 2013 were valued at US $ 27679.33 million (Rs. 176461.53 crore) which was 11.15 per cent higher in Dollar terms (29.77 per cent higher in Rupee terms) than the level of US $ 24902.00 million (Rs. 135978.63 crore) during September, 2012. Cumulative value of exports for the period April-September 2013 -14… Read More

Tags: April-September 2013, Balance of trade, Export, India, Percentage, Petroleum, Rupee, September 2012

India™s Foreign Trade report for August, 2013

EXPORTS (including re-exports) Exports during August, 2013 were valued at US $ 26135.94 million (Rs. 165202.15 crore) which was 12.97 per cent higher in Dollar terms (28.53 per cent higher in Rupee terms) than the level of US $ 23134.47 million (Rs. 128534.68 crore) during August, 2012. Cumulative value of exports for the period April-August 2013 -14… Read More

Tags: April-August, Balance of trade, Business, Export, India, Percentage, Petroleum, Rupee

India™s Foreign Trade: July, 2013

EXPORTS (including re-exports) Exports during July, 2013 were valued at US $ 25834.46 million (Rs. 154426.51 crore) which was 11.64 per cent higher in Dollar terms (20.25 per cent higher in Rupee terms) than the level of US $ 23140.43 million (Rs. 128417.33 crore) during July, 2012. Cumulative value of exports for the period April-July 2013 -14… Read More

Tags: Balance of trade, Export, July 2012, July 2013, Percentage, Petroleum, Reserve Bank of India, Rupee

Index of Eight Core Industries

The summary of the Index of Eight Core Industries (base: 2004-05) is given at Annexure. The eight core industries have a combined weight of 37.90% in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 151.2 in June, 2013, which was 0.1% higher compared to the index of June, 2012. Coal Coal production (weight: 4.38%)… Read More

Tags: April, Economic growth, Index Industrial Production, June 2013, June 2013 overÂ June Â 2012, Natural gas, Petroleum, Steel

India™s Foreign Trade: June, 2013

EXPORTS (including re-exports) Exports during June, 2013 were valued at US $ 23785.64 million (Rs. 138901.73 crore) which was 4.56 per cent lower in Dollar terms (0.53 per cent lower in Rupee terms) than the level of US $ 24923.11 million (Rs. 139644.68 crore) during June, 2012. Cumulative value of exports for the period April-June 2013 -14… Read More

Tags: April-June 2013, Balance of trade, Export, June 2012, June 2013, Percentage, Petroleum, Rupee

India™s Foreign Trade Report – May, 2013

EXPORTS (including re-exports) Exports during May, 2013 were valued at US $ 24505.66 million (Rs. 134807.62 crore) which was 1.11 per cent lower in Dollar terms (0.13 per cent lower in Rupee terms) than the level of US $ 24779.72 million (Rs. 134983.82 crore) during May, 2012. Cumulative value of exports for the period April-May 2013 -14 was… Read More

Tags: April-May 2013, Balance of trade, Export, May 2012, May 2013, Percentage, Petroleum, Rupee

Index of Eight Core Industries as of April, 2013

The summary of the Index of Eight Core Industries (base: 2004-05) is given at the Annexure. The eight core industries have a combined weight of 37.90% in the Index of Industrial Production (IIP). The combined Index was 152.2 in April, 2013 with a growth rate of 2.3% compared to5.7% growth in April, 2012. The decline in the growth rate in April, 2013 was mainly on account… Read More

Tags: April 2012, April 2013, Economic growth, Index of Industrial Production, Natural gas, Peak oil, Petroleum, Steel

India™s Foreign Trade: April, 2013

EXPORTS (including re-exports) Exports during April, 2013 were valued at US $ 24164.37 million (Rs. 131395.43 crore) which was 1.68 per cent higher in Dollar terms (6.71 per cent higher in Rupee terms) than the level of US $ 23766.14 million (Rs. 123137.36 crore) during April, 2012. IMPORTS Imports during April, 2013 were valued at US… Read More

Tags: April 2012, April 2013, Balance of trade, Percentage, Petroleum, Rupee

Global crude oil price of Indian Basket declines to 101.99/US$ bbl on 09.5.2013

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell to US$ 101.99/barrel (bbl) on 9.05.2013. This was lower than the price of US$ 102.38/bbl prevailing on the previous trading day of 08.05.2013. In rupee terms also, the crude… Read More

Tags: Barrel (unit), Business, Energy, Exchange rate, Ministry of Petroleum and Natural Gas (India), Oil and Gas, Petroleum, Trading day

India™s Foreign Trade – Report for March, 2013

EXPORTS (including re-exports) Exports during March, 2013 were valued at US $ 30849.65 million (Rs. 167836.31 crore) which was 6.97 per cent higher in Dollar terms (15.65 per cent higher in Rupee terms) than the level of US $ 28839.36 million (Rs. 145123.41 crore) during March, 2012. Cumulative value of exports for the period April-March… Read More

Tags: April-March 2012-13, Balance of trade, Export, Fiscal year, India, Percentage, Petroleum, Rupee

Global crude oil price of Indian Basket declines

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell sharply to US$ 103.17/barrel (bbl) on 11.04.2013. This was lower than the price of US$ 104.02/bbl prevailing on the previous trading day of 10.04.2013. In rupee terms also,… Read More

Tags: Barrel (unit), Business, Energy, Energy Information Administration, Oil and Gas, OPEC, Petroleum, West Texas Intermediate

GoI statement on FDI in Oil And Natural Gas Projects

As per extant Foreign Direct Investment (FDI) policy, FDI, up to 100%, is permitted, under the automatic route, for exploration activities of oil and natural gas fields, infrastructure related to marketing of petroleum products and natural gas, marketing of natural gas and petroleum products, petroleum product pipelines, natural gas/pipelines, LNG regasification infrastructure, market study and… Read More

Tags: Business, FDI, foreign direct investment, Government, Liquefied natural gas, Natural gas, Petroleum, Petroleum product