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Sensex ends flat outlook still weak
The BSE Sensex ended flat today, as state-controlled oil companies fell on fears this week’s petrol price rise would be partially rolled back, casting doubts about a potential increase in other fuels, such as diesel. The benchmark BSE Sensex rose 0.4 per cent for the week, snapping four consecutive weeks of losses, as investors saw the recent sharp sell-down as overdone, but the outlook remains
The BSE Sensex ended flat today, as state-controlled oil companies fell on fears this week’s petrol price rise would be partially rolled back, casting doubts about a potential increase in other fuels, such as diesel. The benchmark BSE Sensex rose 0.4 per cent for the week, snapping four consecutive weeks of losses, as investors saw the recent sharp sell-down as overdone, but the outlook remains
ONGC stock soars on petrol price rise
Shares of Oil and Natural Gas Corp (ONGC), one of the most-valued Indian companies, surged 5.74 per cent on Thursday, thanks to a steep rise in petrol prices.
Shares of Oil and Natural Gas Corp (ONGC), one of the most-valued Indian companies, surged 5.74 per cent on Thursday, thanks to a steep rise in petrol prices.
'Direct RBI dollar sales to oil firms possible'
Direct sale of dollars by the Reserve Bank of India (RBI) to state-run oil companies should not be ruled out, the chief economic adviser to the prime minister said on Wednesday, after the rupee
RBI slashes arbitrage opportunity as rupee breaches 55 a dollar
The Reserve Bank of India (RBI) stepped in yet again to curb volatility arising out of the arbitrage opportunity in the currency futures market even as the rupee fell to a new low on Monday. The
No cap likely on sugar export orders
Sugar exports may be allowed without any restriction on the quantity once an exporter has registered with the Directorate General of Foreign Trade (DGFT).
Sugar exports may be allowed without any restriction on the quantity once an exporter has registered with the Directorate General of Foreign Trade (DGFT).
Idco, OMC to float SPV for common corridor in Angul-Talcher belt
The state’s nodal agency for land acquisition- Industrial Infrastructure Development Corporation of Odisha (Idco) and mining PSU Odisha Mining Corporation (OMC) will form a special purpose
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