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Interest rates may go up further

New Delhi, Aug 21, 2008: With inflationary pressures refusing to subside, interest rates may go up further despite the government and the Reserve Bank of India taking steps to counter it. According to Lehman Brothers, inflation is expected to rise more to touch 14 percent by October-November.

 

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Assam Company commences oil delivery from Amguri field

New Delhi, Feb 22 (UNI) Assam Company Ltd (ACL) has begun delivery of oil from its operated field in Amguri to Indian Oil Corporation Ltd (IOCL) refinery in Guwahati, Assam, about 115 km away. The oil is being sold at the same price as a basket of crude oils with similar characteristics traded in the international market, a company release here said. The oil produced from Amguri is first trucked to Oil India Ltd (OIL) facility at Moran.....
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