Brent nears $70 as crude oil prices rise for fourth day on support from OPEC-led supply cuts, US sanctions
• 6 years agoUS West Texas Intermediate crude rose 20 cents or 0.32 percent to $62.78, having hit $62.99, the highest since 7 November.
Indian Wells Open: Dominic Thiem rallies to beat Roger Federer in final and claim maiden Masters 1000 title
• 6 years ago"It feels just unreal what happened in this 10 days," Thiem said. "I came from a really bad form in all categories, and now I'm the champion of Indian Wells. It feels not real at all."
Rupee spurts 20 paise to end at 7-month high of 69.34 against the US dollar on robust foreign inflows
• 6 years agoRupee in the four sessions to Thursday has appreciated by 80 paise or 0.8 percent on hopes of forex inflows
Sensex drops over 150 pts on weak IIP data, weak trend in Asian markets; YES Bank biggest gainer
• 6 years agoAfter a volatile session, the 30-share index settled 156.28 points, or 0.43 percent, down at 35,853.56, while the broader NSE Nifty fell 57.35 points, or 0.53 percent, to finish at 10,737.60.
Infosys shares gain nearly 4% on share buyback; firm raises this fiscal's revenue growth forecast to 8.5-9%
• 6 years agoInfosys on Friday reported a 30 percent drop in its December quarter net profit on higher expenses even as it approved a Rs 8,260-crore share buyback — the second in less than 13 months' time.
Investing in mutual funds to become cheaper on Sebi move; AMC margins may be affected, say experts
• 6 years agoAt present, mutual funds pay distributors upfront commission as high as 2 percent against the 1 percent recommended by industry body Association of Mutual Funds in India
RBI will go for another 0.25% rate hike in August MPC meeting; MSP hike to spur inflation: BNP Paribas
• 7 years agoIt said the price is higher than the RBI's medium-term target of 4 percent and the risks to inflation going forward are tilted on the "upside"
Fiscal deficit may surpass budgeted 3.2% on disruptions like GST, infrastructure spending: BNP Paribas
• 7 years agoBNP Paribas report says consequent fiscal deficit of Rs 4.99 trillion was 91.3 percent of full year target
SBI Life files IPO papers with Sebi, likely to raise Rs 6,500-7,000 cr
• 8 years agoThe public issue by the private life insurer involves its promoters offloading up to 12 crore equity shares of face value of Rs 10 each through offer of sale route, SBI Life said
Oil prices rise in anticipation of extended OPEC-led production cut
• 8 years agoThe production cut, introduced in January, was initially only to cover the first half of 2017, but an ongoing glut has meant that OPEC and its allies who are meeting in Vienna on Thursday are expected to extend the cut by nine or potentially even 12 months.