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Essar Oil to convert over $1 bn rupee loan into dollar debt

Essar Oil  today said it will convert over USD 1 billion worth of rupee loan into dollar debt by March to reduce its cost of borrowings and will acquire group

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Rollovers fall as investors turn risk-averse

Traders ended the December series derivatives segment expiry on a cautious note rolling over fewer positions in the Nifty futures segment. The Nifty

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RBI likely to sell 91-day t-bills at 8.35 per cent: Poll

RBI is expected to set a cut-off yield of 8.35 per cent at its auction of 91-day treasury bills on Wednesday, according to the median forecast in a Reuters poll

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Rabi potato production expected to go up

Potato prices are expected to fall on account of higher production, in India and abroad. This rabi season, domestic production is likely to be marginally higher than

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At what oil price will shale revolution get derailed?

Saudi Arabia, the world’s largest oil producer at 10 million barrels a day (mbd), did not yield to the pressure of cash-strapped Iran, Venezuela and Nigeria

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S&P: Stable bank prospects despite China slowdown

STANDARD and Poor’s (S&P) expects the top 41 banks in the Asia-Pacific region, including three Malaysian banks, to enjoy stable prospects next year even as the slowdown in China remains

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Oil jumps 3% to $63

Brent crude jumped three per cent to above $ 63 a barrel on Thursday, extending a

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Gold trading at a discount of up to Rs 220 for 10g on supply glut

Faced with abundance of supply and weak demand, gold is currently quoted at a discount of

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Sensex, Nifty fall to six-week lows

The BSE Sensex and Nifty edged lower after earlier hitting their lowest levels in 1-1/2 months

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CCI clears Reliance-Prime Focus deal

Reliance MediaWorks’ proposed transfer of entertainment business to  Prime Focus has been cleared by fair trade regulator CCI, paving the

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Vistara gets flying permit, to announce schedule soon

Paving the way for launch of its flights, Tata-Singapore Airlines joint venture airline Vistara was today granted flying permit by

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Havells’ selective disclosure to analysts irks investors

Electrical equipment maker Havells India’s move to selectively disclose its slowing sales growth to analysts has

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Middle class diamond purchases up four-fold in 12 years in India: De Beers

The acquisition rate of diamonds in India’s middle class has risen fourfold in the last 12

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Iron ore prices at 5-year low on excess supply

Iron ore prices have declined to a five-year low on falling demand from China and

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Bank of Maharashtra cuts minimum lending rate to 10.25%

State-run  Bank of Maharashtra today announced a cut of 0.15 percentage point in its minimum lending rate or base rate

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China’s Nov inflation falls to 5 year-low

BEIJING: China’s consumer inflation fell to a five-year low of 1.4 per cent in November, the government said yesterday, fuelling

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RBI likely to sell 91-day t-bills at 8.24%: Poll

RBI is expected to set a cut-off yield of 8.24 per cent at its auction of 91-day treasury bills on

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S&P 500 erases early losses to end flat

The S&P 500 ended nearly flat on Tuesday as concerns about global weakness and political turmoil were offset by gains

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Oil prices down in Asian trade

SINGAPORE: Oil prices fell in Asia Wednesday as dealers await the latest US supply report for clues about production levels,

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Sensex

Sensex 29380.73-213.00 (-0.72%)

Nifty

Nifty 8922.65-73.60 (-0.82%)

HMap

Adv/Dec

Advances :1005 shares
Declines :1897 shares

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