The decision to cut imports illustrates that rising crude prices and emerging market currency weakness may start causing oil demand to decline in a number of markets that have so far seen healthy crude consumption.

The project will produce 1.27 million tonnes of neem-coated urea -- a crop nutrient -- and would use coal-gasification technology to produce feedstock for the plant.

Oil refiners such as state-owned Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) could use UCO Bank or IDBI Bank to route oil payments to Iran.

Iran's Naftiran Intertrade Co Ltd, a trading arm for state-owned National Iranian Oil Co, owns a 15.4 per cent stake in Chennai Petroleum, which has two refineries with a total combined capacity of 230,000 barrels of oil per day.

The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 567.15 level on BSE today. The stock of sugar manufacturer Bajaj Hindusthan Sugar rose up to 19.95% to 10.22 level on the BSE.

Lessons from the failure of some of India's biggest business names.

India's loadings from Iran for this month and next will drop to less than 12 million barrels each, after purchases over April-August had been boosted in anticipation of the reductions.

The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 472.65 level on BSE today. On Wednesday, the stock closed 6.47 per cent higher at Rs 393.90 on the BSE.

Telecom operator Bharti Airtel had yesterday confirmed that it has received demand notices towards penalties totalling Rs 11 lakh for six circles for the quarter ended March 2018.

TCS, also the most-valued firm in terms of m-cap in India, was the first Indian company to cross the Rs 7-lakh crore market cap in June after it crossed the $100 billion milestones in April.

Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.

Advanced technologies like AI and machine learning not only reduce the chances of error -- thereby improving efficiency -- but also go beyond human intelligence to offer solutions in areas such as e-commerce, fintech, healthcare, and education.

Ruchit Jain, Technical Analyst at Angel Broking, takes viewers through all the market action today. The Sensex closed marginally lower today. The 30-share Sensex closed 45 points, or 0.12 per cent lower to 38,645 level.

The Sensex closed marginally lower in volatile trade today ahead of the release of April-June quarter GDP data scheduled later in the day. The 30-share Sensex closed 45 points, or 0.12 per cent lower to 38,645 level. It hit intra day high of 38,838 and intra day low of 38,562 level in trade today. It lost 206.53 points in the previous two sessions.The Nifty ended marginally higher by 3 points to 11,680 level. Tata Motors (2.87%), PowerGrid (2.37%) and Sun Pharma (1.99%) were the top S...

The stock which opened at 1,300 level hit an intra day low of 1,272 level on the BSE. The Reliance Industries stock hit a 52-week high of 1,328.75 on BSE in yesterday's trade but closed lower at 1,294 level on profit-booking.

Ruchit Jain, Technical Analyst at Angel Broking, takes viewers through all the market action today. The BSE Sensex closed lower, snapping its two-day record-closing run largely due to losses in key energy stocks of Reliance Industries and Coal India. The 30-share index hit an all-time intra-day high of 38,989 at the outset but the market lost steam as investors preferred to book gains after the recent rally.

Vedanta bags 41 of 55 oil blocks in maiden open acreage auction; Johnson & Johnson has been slapped with penalty in the US for faulty hip replacements; and housing units worth Rs 4.64 lakh crore delayed in 7 top cities. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.

The BSE Sensex closed lower, snapping its two-day record-closing run largely due to losses in key energy stocks of Reliance Industries and Coal India. The 30-share index hit an all-time intra-day high of 38,989 at the outset but the market lost steam as investors preferred to book gains after the recent rally.The BSE index settled at 38,722 points, down 173.70 points, or 0.45 per cent over the last close.Nifty index too finished lower by 46.60 points or 0.40 per cent in choppy trade a...

Last year in July, India had allowed companies to carve out blocks of their choice with a view to bringing about 2.8 million sq km of unexplored area in the country under exploration.

Sameet Chavan, Chief Analyst, Technical and Derivative, Angel Broking, takes viewers through all the market action today. The Sensex and Nifty closed at fresh peaks on gains in large cap stocks such as Vedanta, Adani Ports and Reliance Industries. While the Sensex hit an all time high of 38,920, the Nifty touched new peak of 11,760.