The State Bank of India yesterday said it would infuse Rs 7,250 crore into ailing YES Bank to pick up to 49 per cent equity as part of the Reserve Bank of India-mandated bailout plan
Saudi Arabia had been insisting for weeks that the group needed deeper production cuts to tackle the demand loss caused by the quickly spreading virus.
Brent crude was trading at $36.77 per barrel, down 1.2%, at 0733 GMT on Wednesday
Govt should seize the opportunity to improve its finances
Auto fuel prices may see a cut of another Rs 9-13 per litre over a fortnight if crude oil remains at same level
DUBAI (Reuters) - Saudi Aramco <2222.SE> shares fell by as much as 10% on Monday, dropping below their December listing price after Saudi Arabia and Russia said they would raise oil production in a battle for market share, sending crude prices down by a third.
Indices see biggest 1-day fall ever in absolute terms, here are the eight major things about the selloff across global markets
The failure of the Vienna talks added to increasing investor nervousness over the coronavirus epidemic that has dampened oil demand
Brent crude futures gained $2.23, or 4.5 per cent, to settle at $51.90 a barrel. The session low of $48.40 was its lowest since July 2017
In the primary market, the initial public offer of SBI Cards and Payment Services will open today. The company expects to raise around Rs 10,341 crore from the IPO
It is time for India to be imaginative about its energy strategy
A total of 25 companies including Havells, Polycab, ICICI Pru Life, and Zee Entertainment Ènterprises Ltd. are scheduled to announce their results later in the day
A commodity derivative product is considered to be 'liquid' on the basis of average daily turnover.
Experts fear risk-off trade, spike in oil prices, weaker rupee to hurt India's fundamentals
Brent crude oil, soya bean, kapas and almonds futures on the cards
Global demand is weaker in 2019 as compared to last year but the supply is tighter with substantial declines of oil supplies from Iran as well as Venezuela, Wu said
Crude on exchanges in New York and London fell as much as 7 percent since late April despite the temporary halt of a pipeline delivering millions of barrels a month of Russian oil to Europe's refiners
'India's appetite for diesel is set to witness robust growth in the second quarter of CY19', said Hickin
NSE has worked closely with ICIS to design a robust system that brings international best practice to help customers in India to access global crude markets
Production declines from Saudi Arabia to Libya also buoyed a market that plummeted last year on fears of a supply glut