Reforms

April 4, 2013

Can India be still a Breakout Nation?

Some simple rules of the road, rather than some sweeping theory about institutions or geography, will determine India’s economic success over the visible time horizon. Why do Nations Rise and […]
March 6, 2013

Need of Financial Education and Investor Protection

Financial Education and Investor Protection It is needless to say that over the last few decades, the global economy has witnessed the emergence of developing economies, […]
November 23, 2012

Stagflation in India – Fact or Fiction

Stagflation The Indian stock markets have been going up recently on some reluctant economic reforms done by the Government. Note most of these piecemeal changes have […]
September 18, 2012

How the Lame Duck Indian Government suddenly get the balls to implement Unpopular Reforms

The Indian Government has been enmeshed in a never ending series of scandals and scams. The government constantly fighting the endless attacks on it by the […]
July 6, 2011

Oil Drilling Companies In India – Finding Gold in Offshore Gas Exploration and Production

The Indian economy has performed strongly over the last few years, regularly hitting 8% and above growth rates . This rapid economic growth has led to a significant increase in demand for crude oil and natural gas, to the extent that India is currently the sixth largest consumer of oil and gas. India is one of the biggest importers of crude oil and natural gas as it has to import 2/3rd of its requirements of Oil. Upstream activity in India has rapidly grown post liberalization with 42 active offshore rigs and several seismic vessels engaged in operations offshore on the east and west coasts. Several significant discoveries have been announced since the New Exploration and Licensing Policy (NELP) was introduced. The commercial discovery of the Dhirubhai field by Reliance in the deepwater Krishna Godavari basin has demonstrated the existence of significant reserves in the basins of India. As India imports about two-thirds of its crude oil requirement, Exploration and production of oil and gas is critical for India's energy security and economic growth. Over the years the E&P industry has registered significant growth, primarily due to spiraling crude oil and gas prices.
June 8, 2010

Indian Government fails to Rein in Fossil Fuel Subsidies despite Favorable Political Position

The Indian Government failed to pass a law reforming the structure of state subsidies to the Oil sector .The Meeting between a empowered committee of Indian […]