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...
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...
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...
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...
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 ...
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 ...
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....
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...
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...
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...