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Reuters
April 26, 2020
More than 60,000 individual investors involved in the scheme have lost deposits worth as much as 4.2 billion yuan, it said. A third of the total had invested more than 50,000 yuan each


Mudit Kapoor | Mohsin Shaikh
New Delhi, April 23, 2020
US crude oil prices have plunged to historic low, but there may be little impact on fuel rates in India


BusinessToday.In
New Delhi, April 23, 2020
The refiners processed about 21.20 million tonnes of oil last month which is 8.59 per cent lower than the target for the month


Reuters
April 23, 2020
\"The big tanks where you pull a ship in and empty the whole thing, that's all gone. What you have is pots and pans,\" said Ernie Barsamian, chief executive of The Tank Tiger, a U.S. terminal storage clearinghouse


BusinessToday.In
New Delhi, April 23, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
New Delhi, April 22, 2020
A 10 per cent correction in crude prices is expected to increase earnings by 4 per cent for the paint companies with other things remaining the same.


PTI
New Delhi, April 22, 2020
Coronavirus impact: Oil and Natural Gas Corp (ONGC) management has told the government its average price realisation of USD 22 per barrel in April is not enough to cover even the operating cost


Hari Hara Mishra
April 22, 2020
WTI crude oil price drop: The crash in prices is a windfall for the Indian government. Thanks to the sharp fall in crude price, India will have savings of more than 4 times its annual health budget


BusinessToday.In
April 22, 2020
Sensex, Nifty Live News Today: In terms of sectors, media stocks were rising the most, with Nifty media climbing 4.55% higher, followed by 2.7% rise in energy and 2% gain in auto scrips. In the meanwhile, PSU Bank and realty sectors declining over 1% each, followed by marginal decline in banking and financial indices.


Associated Press
April 22, 2020
The market's spotlight was again on oil, where prices have plummeted because very few people are flying or driving, and factories have shut amid widespread stay-at-home orders


Nevin John
New Delhi, April 22, 2020
For India, which is the third largest consumer in the world, the whole SPR storage capacity comes to just 39 MB. So the country has the limitations when it comes to stocking up cheap crude for future


BusinessToday.In
New Delhi, April 21, 2020
Considering that 11,000 oil futures contracts remained opened on Indian commodity exchange at the end of the day, the loss for all long positions have been pegged around Rs 418 crore


BusinessToday.In
New Delhi, April 21, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Rupa Burman Roy
April 21, 2020
The historic fall in crude oil price was backed by fears of governments across the globe extending lockdowns to stem the spread of the virus, hammering demand for the commodity.


PB Jayakumar
April 21, 2020
Retail fuel prices in India have remained unchanged for weeks, as the demand is almost a fraction and the government is not able to realise the benefits from price fall


BusinessToday.In
New Delhi, April 21, 2020
Job losses in March jumped by 15,000 when ancillary jobs such as construction, manufacturing of drilling equipment and shipping are included in the list, as per a research consultancy firm BW Research


Ashish Pandey
New Delhi, April 21, 2020
Coronavirus impact: Even as May futures steeply fell, the June futures continued to trade above $20 per barrel on Monday.


BusinessToday.In
New Delhi, April 21, 2020
The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity. Watch as Rajeev Dubey, Editor, Business Today explains what it means for the end consumer.Read: Why petrol prices won't fall even though US crude oil costs $0


Rupa Burman Roy
April 21, 2020
The market opened lower as US crude prices nosedived below the $0 a barrel mark for the first time ever. Experts said investors turned cautious over concerns of economic toll from the coronavirus, corporate earnings reports and other key economic data scheduled to be released in the upcoming week.


Manoj Sharma
New Delhi, April 21, 2020
Ongoing coronavirus lockdown in India means there is no economic activity and no significant demand for oil from industries. Indian refiners already have existing stock


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