Otmane El Rhazi : Efforts being taken by Modi govt in right direction: Crisil

Otmane El Rhazi from Moneycontrol Economy News.

Efforts being taken by Modi govt in right direction: Crisil Pointing out that the sector was largely unorganised, he said the ease of funding is not there. Of 100 files reaching a banks, only five are approved. There are no set benchmarks or practises, Anurag Jhanwar, director, Real Estate Ratings, Crisil said.

Otmane El Rhazi : Oil cos hold 35 paisa cut in diesel, 55 p hike in petrol

Otmane El Rhazi from Moneycontrol Economy News.

Oil cos hold 35 paisa cut in diesel, 55 p hike in petrol Under-recovery or the difference between retail price and its imported cost on diesel was 8 paisa per litre in the first half of September. The under-recovery in the second half has turned into over-recovery or profit of 35 paisa per litre.

Otmane El Rhazi : India tightens Vietnam defence, oil ties ahead of Xi’s tour

Otmane El Rhazi from Moneycontrol Economy News.

India tightens Vietnam defence, oil ties ahead of Xi's tour India’s new accords with one of China’s rivals for influence in the South China Sea came as Xi visited the nearby islands of Sri Lanka and the Maldives, a reminder of the geostrategic jostling that is becoming an increasing feature in Asia.