Search Results for: forex reserves

Backlash over Reliance Jio's decision to charge voice calls

Will SC order on gross revenue unduly benefit Mukesh Ambani's Reliance Jio?

The SC order upholding govt's calculation of the adjusted gross revenue will mostly affect top telco Vodafone Idea and third-placed Bharti Airtel; Reliance Jio being a relatively new firm owes minuscule part of the total dues of Rs 93,000 crore.

Oct 26, 2019

Govt may permit private sector companies to commercially mine coal post Diwali

Government sources said that draft rules, bid documents and agreements for commercial mining has been prepared and it would be finalised by the first week of November.

Oct 20, 2019

Ayodhya verdict LIVE: Arguments conclude; SC bench reserves verdict

Wednesday marks the 40th day of hearing in the case. The SC bench is expected to announce the verdict before the CJI demits office on November 17.

Oct 16, 2019

Inflation data, Q2 results may keep equities jittery

The growth has hit the 81-month low.

Oct 13, 2019

Oil prices could spike 'unimaginably high', says Saudi crown prince warning Iran

If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests.

Sep 30, 2019

Will RBI cut interest rate by 40 bps for 5th successive time this year?

Most experts expect a rate cut though they differ on the quantum ranging between 15 and 40 basis points; Finance Minister Nirmala Sitharaman's growth push is likely to guide RBI's monetary policy

Sep 29, 2019

Improving supplies set to trim fuel prices that rose for eighth day in a row

International crude may soften as Houthis talk of halting further attacks and Saudi production gets back to near-normal levels despite reigning geopolitical tensions.

Sep 24, 2019

Rouhani says imposition of fresh sanctions on Iran points to US 'desperation'

The United States imposed another round of sanctions on Iran following the September 14 attacks on Saudi oil facilities that Riyadh and US officials have blamed on Iran.

Sep 23, 2019

US to send troops to Saudi Arabia after Aramco oil attacks

In response to the kingdom's request, the Pentagon will deploy a moderate number of troops and plans to expedite delivery of military equipment to both Saudi Arabia and the United Arab Emirates.

Sep 21, 2019

US Federal Reserve cuts interest rates, signals holding pattern for now

Fed Chair Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions.

Sep 19, 2019

India to invite bids from global coal miners; will end Coal India monopoly by 2020

The government aims to allow companies with winning bids to begin development of the coal blocks - which hold proven reserves - by early 2020.

Sep 19, 2019

Biggest oil price surge since 1991 as locked and loaded US points finger at Iran for attack

The Iran-aligned Houthi movement that controls Yemen's capital claimed responsibility for the attack, which damaged the world's biggest crude oil processing plant.

Sep 16, 2019

For FM Nirmala Sitharaman, economic revival has already started

According to Sitharaman, "there is robust FDI inflows and record forex reserves. The fiscal deficit is improving and current account deficit is contained."

Sep 15, 2019

Saudi Aramco keen to partner in mega West Coast Refinery project

In the wake of India's growing oil and energy needs, a mega refinery like the one on the west coast with an expected capacity of 60 mmtpa is vital.

Sep 13, 2019

iron, steel, iron ore, metal stocks, commodities, mining, metal prices, tata steel, jsw, hindalco, arabian sea, india exports, trade data, india trade, indian economy, india imports

African nations to sell India minerals in return for infra projects in barter deal

In the early 2000s, India imported palm oil from Malaysia in exchange for building a railway line.

Sep 11, 2019

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