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Reuters
New Delhi, September 25, 2018
The move will help refiners in Iran's second biggest oil market to boost purchases from alternative sources as US President Donald Trump prepares to halt Iranian oil sales through a new set of sanctions from November 4.


BusinessToday.In
September 25, 2018
Brent crude oil prices were trading at over four-year highs and inched closer to $82 per barrel ahead of impending US sanctions on Iran.


BusinessToday.In
September 25, 2018
The Indian currency started 26 paise lower at 72.89 per dollar on negative global cues.  On Monday, the rupee rose marginally higher against the US dollar but pared gains in late trade to close 43 paise lower at 72.63 level.


BusinessToday.In
New Delhi, September 24, 2018
The refinery officials' plan 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.


BusinessToday.In
September 24, 2018
While the Sensex closed 536 points or 1.46% lower to 36,305, the Nifty lost 175 points or 1.58% to trade at 10,967 level. This is the weakest closing since July 11 when it settled at 36,265.93. The Sensex has lost 1,249.04 points in the previous four sessions.


BusinessToday.In
September 24, 2018
Brent crude, the international oil benchmark, jumped 2.6 per cent on Monday, its highest since 2014, after Saudi Arabia-led OPEC and Russia stopped short of pledging to boost crude output ahead of US sanctions on Iran.


BusinessToday.In
September 24, 2018
While the SpiceJet stock fell up to 4.15% to 73.85 level  in afternoon trade,  the InterGlobe Aviation stock was down up to 6.011% to 851 level on the BSE.  


Reuters
New Delhi, September 24, 2018
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.


BusinessToday.In
New Delhi, September 21, 2018
The law, signed by Trump last August, is designed to punish Russia for the 2014 annexation of Crimea from Ukraine, its involvement in the Syrian civil war and for meddling in the 2016 US presidential election.


BusinessToday.In
New Delhi, September 21, 2018
New jobs rise to 11-month high of 9.51 lakh in JulyNew job creations in July rose to an 11-month high of 9.51 lakh, taking the total tally of new enrolments to 61.81 lakh since September 2017, according to the EPFO's payroll data. Job addition numbers, which are based on new members enrolled in various social security schemes of EPFO such as pension, PF and insurance, were 9,51,423 in July -- the highest in any month since September 2017 when the retirement fund body started rel...


BusinessToday.In
New Delhi, September 21, 2018
The idea is to increase the excise duty on IMFL, especially on the largely consumed mid-segment liquors, and then reduce taxes on petrol and diesel.


PTI
September 20, 2018
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.


Reuters
New Delhi, September 20, 2018
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.


Reuters
New Delhi, September 20, 2018
The Danish bank detailed compliance and control failings amid growing calls for a European Union crackdown on financial crime after a series of money laundering scandals which have attracted the attention of USauthorities.


BusinessToday.In
New Delhi, September 17, 2018
The yoga guru also calls for bringing petrol and diesel under the lowest slab of the GST, and not the 28 per cent rate, as people's \"pockets are being emptied\".


Reuters
September 15, 2018
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.


PTI
September 15, 2018
The United States has warned of having a \"fundamentally different set of rules\" to deal with the countries continuing to have economic activities with Iran after its sanction against Tehran becomes fully operational on November 4.


Mudit Kapoor
September 14, 2018
The 15-member OPEC (The Organisation of the Petroleum Exporting Countries) cartel pumped 32.98 million barrels per day last month. The rise in production was last matched in October 2017.


BusinessToday.In
September 11, 2018
While several measures have been suggested to contain the rupee fall which has depreciated nearly 13% since the beginning of this year, you will be surprised to know that the Indian currency is not the only one to lose major ground due to geopolitical and fiscal factors.


BusinessToday.In
New Delhi, September 10, 2018
Economic Affairs Secretary Subhash Chandra Garg said last week's rupee fall was on account of the belief that emerging markets with a current account deficit may face some pressures going forward, and the rupee was no exception


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