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Oil cos hold 35 paisa cut in diesel, 55 paise hike in petrol
Oil companies calculate the desired retail selling price of petrol and diesel on 1st and 16th of every month based on average international benchmark price and rupee-dollar exchange rate.
Average benchmark gasoline rates have increased…
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Sensex pares early gains, down 40 points in early trade
Mumbai, Sept 16 (PTI) The S&P BSE benchmark Sensex trimmed its early gains and slipped lower by 40 points in the morning trade on persistent selling mainly in refinery counter on the back of lower global cues in spite of buying in…
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Oil prices mixed in Asian trade
Singapore, Sep 16 (AFP) Oil prices were mixed in Asia today following weak economic data from top energy consumers the United States and China, and as dealers await a key US Federal Reserve meeting.
US benchmark West Texas Intermediate…
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Free diesel prices at earliest: Rajan
MUMBAI: The government must take advantage of the lowest oil prices in a year to deregulate diesel, RBI Governor Raghuram Rajan said on Monday .
Brent crude, a benchmark for Asian and Indian buyers, has fallen 14 per cent since June to USD…
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Sensex dips below 27k level, down 185 pts in trade
Mumbai, Sep 15 (PTI) The benchmark BSE Sensex tumbled over 185 points to dip below the 27,000-mark in early trade on Monday on selling by funds and retail investors after industrial production growth slowed to 0.5 per cent in July amid a…
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August inflation eases to nearly 5-year low of 3.74 pc
The wholesale WPI data further revealed that the price rise in manufactured goods, like sugar and edible oils too eased to 3.45 per cent in August, while it was 3.67 per cent in July.
Inflation in the fuel and power segment which include…
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Oil prices fall after weak Chinese data
Singapore, Sep 15 (AFP) Oil prices fell in Asia today after a sharp slowdown in Chinese industrial production raised concerns about slackening demand in the world's top energy consumer, analysts said.
US benchmark West Texas Intermediate…
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India, Vietnam ink 7 pacts; call for ‘freedom’ of navigation
"They welcomed the strong growth in bilateral trade in recent years and urged business to further expand and diversify trade to achieve the bilateral trade target of USD 15 billion by 2020. They identified tourism, garments and textiles,…
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India will oust China as top cotton producer this year: USDA
Beijing/Washington, Sep 14 (PTI) India is all set to beat China and become the top cotton producer this year, ousting the communist nation from the number 1 position for the first time in over 30 years, the US has said in a report.
The…
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China ready to meet ‘half way’; asks India to boost efficiency
The bilateral trade in 2013-14 declined to USD 65.85 billion from a high of USD 74 billion in 2011.
The trade deficit stood at USD 35 billion in favour of China as against USD 39 billion in 2012-13.
Talking about state of Indian…
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