by pallanus | Jul 19, 2020 | Business News
Indian Oil Corp Ltd’s 300,000 barrels per day refinery on the country’s east coast to be shut for three weeks for maintenance, the top district administrative official told Reuters on Sunday. A logo of Indian Oil (Reuters) Indian Oil Corp Ltd’s 300,000 barrels per day...
by pallanus | Jul 16, 2020 | Business News
Indian shares closed higher on Thursday, led by gains in pharmaceutical and IT stocks, even though coronavirus cases in the world’s second-most populous nation inched towards one million. (Representative Image) Indian shares closed higher on Thursday, led by...
by pallanus | Jul 8, 2020 | Business News
India’s rupee has the backing of a healthier trade account, steady foreign investment inflows and a return in global risk appetite, but its gains are being limited by a central bank keen to prevent wild swings and build dollar reserves. The Reserve Bank of India’s...
by pallanus | Jul 7, 2020 | Business News
The Nifty was down 0.02% to 10,761.45 by 0512 GMT, while the Sensex was up 0.06% at 36,510.87. Both indexes gained around 4.5% in the last four sessions, hitting their highest in four months. The sentiment was also tempered as Asian stocks hit a speed bump following...
by pallanus | Jul 7, 2020 | Business News
Palm oil demand in India, the world’s top edible oil importer, is set to plunge this year as coronavirus lockdowns slash food service sector demand and households opt for alternatives at the supermarket. India’s palm oil imports could plunge 20% from a year ago to 7.5...
