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Diesel consumption in the country grew 8.8% annually in November 2019 after recording decline for three months since August 2019.Retail price of diesel in New Delhi touched Rs 68.94/litre on Thursday — the highest level in 408 days — as…
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There are tensions in the Persian Gulf due to geo-political reasons, the union minister said.Union Petroleum and Natural Gas Minister Dharmendra Pradhan said on Saturday that the there is no need to panic about oil prices owing to…
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Brent crude was down 14 cents, or 0.2%, at $65.23 at 0119 GMT, after falling more than 4% over the last two days.
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The IEA, which coordinates release of strategic petroleum reserves (SPR) among developed countries in times of emergency, said it is important for India to expand its reserves.India’s oil demand growth is set to overtake China by…
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 The private sector bank also informed the board that it is willing to favourably consider the offer of 0 million from Citax Holdings and Citax Investment Group.YES Bankon Friday said that it has rejected the Canadian investor Erwin…
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The Nifty advanced to breach the 12,300-mark for the first time ever but closed off the day’s high.The benchmark Nifty50 hit a new high on Friday, with the onset of the results season and the hopes of de-escalation of the US-Iran…
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Incorporated in 1978, CIFCL offers vehicle finance, business and home loans.Cholamandalam Investment and Finance Company (CIFCL), the financial services arm of the Chennai-headquartered Murugappa group, has raised Rs 4 billion (Rs 400…
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Premium valuations to sustain on decent volume and earnings growth visibility.Despite near-term macro challenges, we expect Astral Poly Technik(ASTRA) to continue to trade at premium valuations backed by its increasing visibility of…
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Benign input costs should drive 30% PBT growth for PIDI, followed by BRGR, KNPL and APNT (10%). We turn positive on KNPL (upgrade to ‘add’), as it is well placed to benefit from the expected up-cycle in the auto industry over the next…
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To a question if rising tensions between the United States and Iran and its impact on the jewellery industryThe total business volume of gems and jewellery industry has posted a 30 per cent decline in terms of demand over the last six…
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