Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies

Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies

Russian oil and gas condensate output declined to 10.27 million barrels per day (bpd) last year, according to energy ministry data cited by the Interfax news agency

Forecasts for tightening US crude oil stocks also added support to prices

India Stock Market Highlights Today: During the session, Sensex touched a lifetime high of 45,148 and Nifty hit an all-time high of 13,280

OPEC+ sources have said Russia, Iraq, Nigeria and the United Arab Emirates have all to a certain extent expressed interest in supplying the market with more oil in 2021

Recent resurgence in infections in some parts of the country pushed local governments to reimpose some restrictions on mobility, threatening the recovery

Brent crude rose 51 cents, or 1.1%, to $46.57 a barrel by 1322 GMT and hit a session high of $46.72, its highest since March 6. U.S. West Texas Intermediate crude gained 63 cents, or 1.5%, to $43.69

Top BT500 companies grow at a fast pace, while others lag, mirroring trends in broader economy

Demand will rise by 6.25 million barrels per day (bpd) next year to 96.26 million bpd, the Organization of the Petroleum Exporting Countries said in a monthly report

Rebound in gross domestic product followed a 31.4% rate of contraction in the second quarter, the deepest since the government started keeping records in 1947

Flipkart's Big Billion Days sees 55% rise in digital payments, over 150% increase in EMI optionsThe annual festive season sale by Flipkart, The Big Billion Days (TBBD), which concluded on October 21 saw 1.5 times growth in the number of transacting sellers, amongst whom more than 35 per cent saw over thrice the sales compared to last year, said the company in a statement. Even as it added nearly 35 per cent new sellers on its platform, nearly 60 per cent of them were from Tier II and Tier II...

The world's second-largest economy likely grew 5.2% in July-September from a year earlier, faster than the second quarter's 3.2%

India Stock Market Highlights Today: Sun Pharma, followed by Tech Mahindra, Tata Steel, TCS, Titan, PowerGrid, NTPC, Reliance Industries and Asian Paints were among the top gainers on Sensex today. On the other hand, HUL, Bajaj Auto, Maruti and Nestle India were among the laggards

The debt surge reflects a huge increase in government spending, ranging from its massive coronavirus job subsidy scheme and tax cuts to discounts for restaurant diners, as well the hit to tax revenues from a nationwide lockdown

COVID-19 fallout: Japan's economy contracts at record pace, GDP declines 27.8%Japan was hit by its biggest economic contraction on record in the second quarter as the coronavirus pandemic crushed consumption and exports, keeping policy makers under pressure for bolder action to prevent a deeper recession. The third straight quarter of declines knocked the size of real gross domestic product (GDP) to decade-low levels, wiping out the benefits brought by Prime Minister Shinzo Abe's \"Abenomics...

This week, two prominent forecasters, the International Energy Agency and the Organization of the Petroleum Exporting Countries, trimmed their 2020 oil demand forecasts. OPEC and its allies are increasing output this month

Saudi Aramco's Chief Executive Officer (CEO) Amin Nasser has said the company is 'still working on the deal to invest in Reliance Industries'

Growth rebounded in the second quarter after a record contraction in the first quarter, but analysts are looking for signs that the recovery is being fuelled by more than just temporary, pent-up demand and state-led stimulus

The collapse in GDP and faltering recovery put pressure on the White House and Congress to agree on a second stimulus package