World News Insights
1-3 Minute Gist

All Topics Article

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
WIth India's oil imports at four fifths of the country's oil needs, the depreciation of the Indian currency, the rupee, is especially painful. The rupee exchange rate has declined from 55 per dollar at the end of May 2013 to 64 per dollar in August 2013, a 14% decline. India provides full subsidies and this accounts for a large part of the current account deficit. Government cuts in fuel subsidies to reduce the current account deficit are diluted by the depreciation of the rupee, with a fall of one rupee in the exchange rate equal to 4 months of cuts in subsidies, according to Moody's analyst Vikas Halan.

India's IPO's of state owned companies.

10/23/2010

The IPO of Coal India raised 151 billion rupees in October 2010.

Grouped Articles

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

Coal India Sets IPO Price at Top of Range

Wall Street Journal 10/25/2010

Privatising Coal India: Powering the tiger

Economist 10/23/2010

State-Owned Shares Up for Grabs

BusinessWeek 10/28/2010

Coal India's IPO Cleans Up

Wall Street Journal 11/05/2010

India Journal: What Coal India Can Do for the Country

Wall Street Journal 11/01/2010

The depreciation of the Indian currency, the rupee, in 2012-2014

05/11/2012

Grouped Articles

Rajan Has Limited Rupee Options

Wall Street Journal 08/06/2013

Indian Markets Battered by Signs of End to Easy Money

Wall Street Journal 08/17/2013

Rupee's Slide Lures Indian Expats' Cash

Wall Street Journal 08/20/2013

As India's Rupee Drops, Foreign Firms Reel

Wall Street Journal 08/20/2013

Mom-and-Pop Investors Bolt Emerging Markets

Wall Street Journal 08/22/2013

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

New capital inflows into India in 2010-2011 and capital controls.

08/05/2010

Concerns that fickle capital that leaves quickly could be focussing on India, in the absence of tightened financial controls. The rise in the rupee by 5%. Concerns of Stiglitz and others.

Grouped Articles

Rajan Has Limited Rupee Options

Wall Street Journal 08/06/2013

Mom-and-Pop Investors Bolt Emerging Markets

Wall Street Journal 08/22/2013

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

Emerging Stocks' Emerging Problems

Wall Street Journal 08/23/2013

India Prime Minister Rules Out Capital Controls

Wall Street Journal 08/30/2013

India's Central Banker Lobbies Fed

Wall Street Journal 10/13/2013

India's energy shortages and efforts to increase investment for oil and gas production- 2012-2015

04/11/2012

Investment in oil and gas exploration by India of $16 billion is about half the amount invested by Brazil in the same 15 year period. The move in 2013 bringing state mandated natural gas prices closer to world prices is an effort to increase India's investment in the energy field.

Grouped Articles

Indian energy: A price worth paying

Economist 07/08/2013

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

Indian Firm to Pay $2.64 Billion To Build Its Stake in African Gas Project

New York Times 08/26/2013

The Poor Need Cheap Fossil Fuels

New York Times 12/03/2013

India Grapples With Soaring Energy Costs

Wall Street Journal 04/11/2012

Global Oil Glut Sends Prices Plunging

Wall Street Journal 10/15/2014

Indian Oil strategies

08/10/2012

Grouped Articles

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

Indian Oil Slips on Policy Mess

Wall Street Journal 08/10/2012

India's oil and gas industry

06/17/2011

Grouped Articles

Indian energy: A price worth paying

Economist 07/08/2013

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

Indian Firm to Pay $2.64 Billion To Build Its Stake in African Gas Project

New York Times 08/26/2013

Grinding Energy Shortage Takes Toll on India's Growth

Wall Street Journal 07/02/2012

Oil-Thirsty China a Winner in Iran Deal

Wall Street Journal 07/15/2015

India's Inverted Oil Market

Wall Street Journal 06/17/2011

Oil Demand and Supplies 2010-2035- long range projections for the U.S., China, India, the EU, and Japan

04/11/2012

Grouped Articles

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

Senators Pass Mexico Oil Plan as Snag Arises

Wall Street Journal 12/12/2013

India Grapples With Soaring Energy Costs

Wall Street Journal 04/11/2012

China Has Big Eyes, Little Stomach for Oil

Wall Street Journal 08/27/2015

In India, Subsidies Upend Car Sales

Wall Street Journal 07/02/2012

As U.S. Leaves, Oil-Hungry China Stuck in Middle East

Wall Street Journal 06/27/2012

Hydroelectric power in India, the weak monsoon in 2012 and the overload on the national power grid

02/11/2010

Lower monsoon rainfall affects the amount of electricity generated from hydroelectric power stations such as the one at the Bhakra Nangal dam in northern India. India depends for about 20% of its energy on hydroelectric power. The delayed monsoon in 2012 may have aggravated the load on the power grid in India with farmers needing to pump water and lower hydroelectric generating capacity.

Grouped Articles

India Seeks Less Help From China For Power Sector

Wall Street Journal 02/11/2010

IDFC Chief Says Power is 'the Next Telecom'

Wall Street Journal 02/21/2010

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

India's Main Opposition Party Names Candidate for Prime Minister

Wall Street Journal 09/13/2013

India Starts Nuclear Reactor After Lengthy Delays

Wall Street Journal 10/23/2013

The Poor Need Cheap Fossil Fuels

New York Times 12/03/2013

Water and electricity mismanagement affect the lives and future of hundreds of millions of people in India.

08/13/2009

It is storing up problems for the future as groundwater supplies are being depleted by wasteful use. The underfunded and corrupt state irrigation departments and their lack of maintenance of existing irrigation systems leads to loss of water to siltation. And dam building is not keeping up with the need to store water and vchannel it to plaes where its needed.

Grouped Articles

The Slowing of Two Economic Giants

New York Times 07/14/2013

India Seeks Less Help From China For Power Sector

Wall Street Journal 02/11/2010

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

All Coal-Mining Rights Issued in India Since 1993 Ruled Illegal

Wall Street Journal 08/26/2014

Questions and Answers: M.S. Swaminathan

Wall Street Journal 08/13/2009

Downpours Wash Away India's Rainy-Day Rice Supply

Wall Street Journal 07/19/2010

India's surging oil imports with a depreciating rupee in 2011-2015

04/11/2012

Grouped Articles

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

India Grapples With Soaring Energy Costs

Wall Street Journal 04/11/2012

India Cuts Back on Iran Oil Imports

Wall Street Journal 05/03/2012

U.S. Presses India On Iran Oil Buys

Wall Street Journal 05/09/2012

India Takes New Steps to Boost Sagging Rupee

Wall Street Journal 05/11/2012

Grinding Energy Shortage Takes Toll on India's Growth

Wall Street Journal 07/02/2012


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us