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Total 515 results found. Search for [ oil refiners ]

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Mumbai, May 31, 2014
The S&P BSE benchmark Sensex snapped a three-week strong winning spree and dropped 476 points due to profit-booking from operators in view of expiry of the futures and options May contract and ahead of the Reserve Bank of India's policy review meet next week.

Mumbai, May 26, 2014
\"Rupee was seen approaching the levels of 59.00 today amid weak stock markets which were seen erasing the earlier robust gains posted during the session. Technically, a sustained closing above 58.80 will signal a bullish trend ahead for the USDINR pair,\" said Abhishek Goenka, Founder & CEO, India Forex Advisors.

Mumbai, May 23, 2014
Sustained capital outflows too weighed on the rupee while strong local equities limited the rupee fall to certain extent, a forex dealer said.

Mumbai, April 28, 2014
Weakness in local stocks also weighed on the rupee, while continued capital inflows and lower dollar overseas limited the rupee fall to a major extent, a forex dealer said.

Mumbai, April 26, 2014
The Met Department on Thursday said the monsoon is expected to be below normal in 2014 because of the El Nino effect, arising from the warmer-than-average sea surface temperature in the central and eastern tropical Pacific Ocean.

Mumbai, April 21, 2014
Forex managers attributed weakness in the rupee value to heavy dollar demand from importers, mainly oil refiners, to meet their month-end requirements. \"There was buying from nationalised banks throughout the day for oil companies. Some short-covering by market participants also led to the fall,\" said Agam Gupta, Managing Director and Head of Fixed Income Trading, Standard Chartered Bank.

Mumbai, April 16, 2014
Dollar demand from importers, mainly oil refiners, also kept the rupee under pressure. Capital outflows too weighed negatively on the market sentiment while weak dollar overseas restricted the rupee fall to some extent.

Mumbai, March 27, 2014
The Reserve Bank's suspected intervention in the forex market by way of dollar purchase also weakened the rupee.

Naveen Mathur
March 26, 2014
The US Federal Reserve tapering its bond buying programme and signaling a rise in the federal funds rate also suggests that the US economy is improving. As for economic data, sentiments have been mixed as the US reported favorable data sets whereas the Euro Zone reported mixed data.

Nidhi Verma
New Delhi, March 11, 2014
Government sources told Reuters that the country has to cut its Iranian oil imports by nearly two-thirds from the first quarter after the United States asked it to hold the shipments at end-2013 levels, in keeping with the nuclear deal easing sanctions on Tehran.

Mumbai, February 28, 2014
Sustained capital inflows and sharp fall in dollar overseas also aided the rupee sentiment, a forex dealer said. Sluggish dollar overseas also boosted the rupee value as the dollar index was down by 0.47 per cent against a basket of six major global rivals.

Anilesh S. Mahajan
February 27, 2014
Cairn India's ambitious exploration project may make its oil block in Barmer the country's biggest in three years. Cairn is already a success story, having drilled 201 wells in Barmer over the last 15 years.

Mumbai, January 30, 2014
Forex dealers said the US Federal Reserve's move to scale back its stimulus programme put pressure on other currencies overseas.

Mumbai, January 29, 2014
Weakness in the dollar index, which was down by 0.10 per cent against a basket of major global rivals, also helped the rupee gain after a 59 paise rise on Tuesday when the Reserve Bank of India (RBI) unexpectedly increased the repo rate.

New Delhi, January 28, 2014
The government has ordered Oil and Natural Gas Corp (ONGC) to pay a near-record Rs 13,764 crore as fuel subsidy for the December quarter, a move that will dent the firm's profitability.

Mumbai, January 27, 2014
Sustained dollar demand from importers, mainly oil refiners, to meet their month-end requirements amid fresh capital outflows also weighed on the rupee, a forex dealer said.

Anand Adhikari and Suprotip Ghosh
January 14, 2014
The CEO says one of his main goals is to boost L&T's international business. The plan is to increase the contribution of overseas markets to 25 per cent of revenue from 15 per cent in the next three years.

Mumbai, December 27, 2013
The rupee recovered most of its overnight losses and closed up by 31 paise at 61.85 against the Greenback following rally in local equities amid fresh dollar selling by exporters.

Mumbai, December 26, 2013
Slowdown in capital inflows following Christmas holidays, too weighed on the rupee while better local equities and weak dollar overseas failed to restrict the rupee fall, a forex dealer said.

Mumbai, December 20, 2013
The rupee recovered after three days of declines to close 10 paise higher at 62.04 against the dollar on Friday, amid gains in local stocks and capital inflows.

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