ICRA also forecast the country's gross value added (GVA) at basic prices in year-on-year (YoY) basis to 4.5 per cent respectively in the quarter ending September of FY2020

ICRA forecasted that there would be a further deterioration in the growth rate of India's GDP and the gross value added (GVA) at basic prices in YoY terms to 4.7 per cent and 4.5 per cent, respectively, in Q2 FY20, from 5 per cent and 4.9 per cent, respectively, in Q1 FY20

The government is also facilitating private imports and also relaxed phytosanitary and fumigation norms till December

Market witnessed bullishness in the initial trading session mainly on the back of favourable cues on the domestic front.

Forex traders said, the decline in the domestic unit was largely in tandem with other Asian currencies, after US President Donald Trump said China tariffs will go 'even higher' without a deal

At the interbank foreign exchange the rupee opened at 71.67, then gained further ground and touched a high of 71.59, registering a rise of 19 paise over its previous close

Petrol Price Today: The prices of petrol went up by 14 paise per litre in Delhi, Kolkata and Mumbai, whereas, it rose by 50 paise in Chennai, in three days

Palm oil is crucial for Malaysian economy as it accounted for 2.8% of Malaysia's gross domestic product last year and 4.5% of total exports

At the interbank foreign exchange the rupee opened at 71.80 then gained further ground and touched a high of 71.78, registering a rise of 18 paise over its previous close

Vedanta Q2 results: Consolidated revenue from operations declined marginally by 3 per cent to Rs 21,739 crore in Q2FY20 versus Rs 22,432 crore in Q2FY19, primarily due to headwinds in the commodity prices

At the interbank foreign exchange, the rupee opened marginally higher at 72.05 against the US dollar, before turning negative and dropping 15 paise to 72.24 against its previous close

A decade back, Mukesh Ambani was criticised for not scaling Reliance Industries as a global player in petroleum. Now his conviction about the Indian market is finally paying off

Average market cap of BT 500 companies has fallen. Unless corporate earnings grow and performance of mid- and small-caps improves, there seems no recovery in sight.

There are numerous reasons for this mess. To begin with, retail prices of petrol and diesel hit record highs in October 2018 due to high international crude oil prices

RIL wants to convert 70 per cent of its output from Jamnagar refinery and petrochemical complex to chemicals. At present, the complex produces 90 per cent fuels - primarily petrol, diesel, naphtha, kerosene and Liquefied Petroleum Gas (LPG) - and the rest 10 per cent chemicals

Indian shares closed nearly flat on Monday after a choppy trading session, backed by gains in banking indices, that rose 1% to 1.3%. While BSE Sensex ended 21 points higher at Rs 40,345, NSE Nifty rose 5 points to closed at 11,913. Indian markets will be closed on Tuesday for a public holiday.Benchmark indices that started the day on a tepid note recovered from lossed bythe closing hour to end marginally higher today. Sensex and Nifty fell by the opening bell on Friday, and turn...