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Crude Oil Prices
Business  /  Published 22.04.20

Boost for RIL debt-free goal

The $5.7-billion transaction between Reliance Industries and Facebook has reignited optimism about the oil-to-telecom giant turning net debt free by March 2021.Analysts feel RIL is on course to realis...
By Our Special Correspondent in Mumbai

Business  /  Published 21.04.20

Crude dazed by negative price shock

Brent crude futures plunged 25 per cent on Tuesday to the lowest in nearly two decades, a day after panicked traders sent US oil below minus $40 per barrel on fears of a historic glut because of the d...
By Reuters in New York

Business  /  Published 16.04.20

Rupee falls to new lows

The rupee tanked 43 paise to settle at an all-time low of 76.87 against the dollar on Thursday amid rising concerns over a coronavirus-led economic slowdown. Forex traders said the weakness in the rup...
By Our Special Correspondent in Mumbai

Business  /  Published 13.04.20

Sensex drops over 600 points

Equity benchmark Sensex dropped over 600 points in opening trade on Monday tracking losses in index-heavyweights Reliance Industries, HDFC twins and ICICI Bank amid weak cues from global markets.Inves...
By PTI in Mumbai

Business  /  Published 16.09.19

Saudi oil burn roils Indian markets

Indian investors ran for cover on Monday following the drone attacks on the oil facilities of Saudi Arabia as they grappled with the possible impact of the strikes on an economy which grew just 5 per ...
By Our Special Correspondent in Mumbai

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Business  /  Published 07.06.19

Paints to glow

Paint firms are cautiously optimistic on improving their margins amid favourable raw material prices. While the decorative paints business is set to do well, the growth in the industrial segment will ...
By A Staff Reporter in Calcutta

Business  /  Published 14.03.20

Steep hike in fuel duty

The excise duty on petrol and diesel was hiked by a steep Rs 3 a litre each — the sharpest in the last five years. This would provide a windfall gain of about Rs 39,000 crore to the Modi government....
By Our Special Correspondent in New Delhi

Business  /  Published 10.03.20

Crude shock for Reliance Industries-Aramco deal

The coronavirus outbreak and the oil price crash are likely to impact Reliance Industries’ plan to become a zero net debt company by the end of the next fiscal.Amid soft crude oil prices and its eff...
By Our Special Correspondent in Mumbai

India  /  Published 09.03.20

Markets crash over oil, virus fears

Global stocks, oil prices, bond yields and the Indian rupee plunged on Manic Monday, rattled by an impending price war between Saudi Arabia and Russia in the oil markets and the rising fears of an eco...
By TT Bureau in Mumbai

Business  /  Published 09.03.20

Sensex falls 1,500 points

Equity benchmark Sensex plummeted over 1,500 points in opening session on Monday led by deepening rout in global markets amid rapidly-spreading coronavirus and sinking crude prices.Global oil benchmar...
By PTI in Mumbai


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