Mumbai, Nov 6: The rupee recovered 21 paise to 72.91 against the US dollar early Tuesday on increased selling by exporters. The dollar’s weakness against some currencies overseas and a better opening of the domestic equity market also supported the rupee, dealers said,. At the interbank forex market, the […]
New Delhi, Nov 4: Petrol price has been cut by over Rs 4 per litre and diesel by Rs 2.33 in the last 18 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month period beginning mid-August. Petrol price Sunday was cut […]
NEW DELHI – India’s Oil and Natural Gas Corp Ltd posted a 61 percent jump in second-quarter profit on Saturday, with higher crude oil prices helping it to beat forecasts. ONGC’s net profit stood at 82.65 billion rupees ($1.14 billion) in the quarter ended Sept. 30, compared with […]
BENGALURU – There will be little respite for the bruised Indian rupee over the coming year, depressed by an escalating U.S.-China trade war and rising domestic political risks ahead of a general election, a Reuters poll showed. Investors have generally shunned emerging market assets this year, made riskier […]
New Delhi, Oct 31: The government has for the first time ever used a provision of law to ask the RBI for resolution of differences between them on stressed loans in power sector and other issues, sources privy to the development said. Without acknowledging the notices sent to RBI […]
open view web desk Crude Oil Crude oil production during September, 2018 was2797.84 TMT which is6.59% lower than target and4.19% lower when compared with September, 2017.Cumulative crude oil production during April-September, 2018 was 17409.44 TMT which is 4.05% lower than target for the period and3.42% lower than production during […]
New Delhi, Oct 22: Petrol pumps across the national capital were shut on Monday in protest against the Delhi government’s refusal to cut sales tax (VAT) on petrol and diesel. But for a dozen company-owned-company-operated petrol pumps in the city, all pumps refused fuel, sending motorists running low on […]
Mumbai, Oct 11: The rupee Thursday weakened by 24 paise to hit another low of 74.45 against the US dollar on strong demand for the American currency from importers amid unabated foreign fund outflows and a sharp losses in the domestic equity market. At the Interbank Foreign Exchange (forex) […]
open view web desk NEW DELHI – India is cutting prices of petrol and diesel by 2.50 rupees ($0.03) a litre, Finance Minister Arun Jaitley said on Thursday, the government’s latest step to tackle the impact of a sharp rise in crude oil prices and a weak local […]
open view web desk Fresh from clinching an updated North American commerce pact, U.S. President Donald Trump on Monday criticized Indian and Brazilian trade tactics, describing the latter as being “maybe the toughest in the world” in terms of protectionism. Addressing reporters at a White House event to […]
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