Trade2Day

India seeks rights to operate oil field http://ow.ly/qtPW300w0Iv

Modi govt rewrites rules for auction of marginal oil & gas fields valued at Rs 77 k crore Apart from entrenched players, start-up firms and new players with little experience in operating hydrocarbon blocks would also get the chance to bid for the 67 discovered marginal oil and gas fields that would go under the hammer starting Wednesday.

This could send gold tumbling below $1,000 again, Citi says Think gold can’t drop below $1,000-an-ounce? Think again, says Citi, which warns that the dollar holds the key to whether the precious metal could drop below a level not seen in more than six years.

and related stocks have plunged up to 40% in last one year, but analysts are still not giving up on the sector.
Read more: http://ow.ly/rGPd300uRAh

Leading corporate houses Ambanis , Jindals, Adanis, Vedanta and ADAG group have seen an erosion by up to 51% in their group market values since PM Modi entered the office. Where are ? Read more: http://ow.ly/uT1n300vVFG

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