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


Business  /  Published 30.04.20

Jio bucks trend

Reliance Industries Ltd (RIL) on Friday reported strong numbers for its telecom business Jio in the fourth quarter even as consolidated net profit of the company fell both on a year-to-year and sequen...
By Our Special Correspondent in Mumbai

Opinion  /  Published 19.03.20

Slippery move on oil prices

A major aim of oil price deregulation is to pass on to consumers the benefits of falling prices. They would pay more if the prices went up. Oil prices can be quite volatile depending on perceived glob...
By The Editorial Board in

Business  /  Published 16.03.20

Stocks, rupee slide again

Investor wealth was eroded by Rs 7.62 lakh crore on Monday as stocks again went into a tailspin over concerns of the rapid spread of the novel coronavirus. The benchmark Sensex saw its second worst pl...
By Our Special Correspondent in Mumbai

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


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