Trump threatens tariffs on oil imports to 'protect' US energy workers - Oil prices have dropped by about two-thirds this year as the pandemic crushes demand.The Week That Was: Biyani stocks, Maruti, IndusInd plummet; Damani picks a new stock - Here are a few stocks that buzzed the most during the trading week.What should be the action point for equity investors at this time? - The sharp correction in the market clearly shows that investors remain fearful.DMart's Damani donates Rs 100 cr to PM's Covid-19 relief fund - Damani made the contributions through group company Bright Star Investments.UAE central bank cuts bank reserve requirements for demand deposits by 50% - The aggregate value of all capital and liquidity measures adopted by the central bank since March 14 is 256 billion dirhams. Scope for meaningful rate cuts going ahead: Neelkanth Mishra - Credit Suisse' Neelkanth Mishra expects repo rate to fall to a decade low in the coming quarters. He says that beginning December the market may see a robust and widespread pick-up which may boost indices.Asian stocks, gold slide on stimulus end prospects - SINGAPORE (Reuters) - Asian shares and gold retreated on Wednesday and bond yields were near two-week highs after markets were rattled by a report flagging the possible withdrawal of global stimulus measures.Cautiously optimistic on India; eyeing earnings revival: Sanger - Global liquidity tailwinds are unlikely to get any better from now and that makes Arvind Sanger, Managing Partner at Geosphere Capital Management “cautiously optimistic” on the Indian markets.Expect H2 biz pickup to push up steel demand by 4-5%: JSPL - In the first 6 months of the year, steel demand grow by just 0.5 percent, and now with the end of monsoon business activity with pick pace in the second half which is likely to push up steel demand by 4-5 percent for the year, said Ravi Uppal, Chief Executive and Managing Director of JSPL.Expect rupee to trade lower: Pramit Brahmbhatt - The rupee is expected to trade lower within a range of 66.50-67/USD, says Pramit Brahmbhatt, Veracity.
SENSEX RSS Failed to parse RSS file. (not well-formed (invalid token) at line 77, column 134) India seeks to speed up foreign deals with 'one-stop shop' - The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.Why auctions for power projects don?t work in India - In the last 10 years, India has discovered auctions for itself. All kinds of public resources (such as 3G spectrum) or contracts (such as power purchase agreements, PPAs) are auctioned off. Rupee ends 21 paise lower vs US dollar; snaps 3-day winning run - The rupee snapped its three-day winning spree against the American currency by falling 21 paise to 63.72 on fresh dollar demand from banks and importers in view of a firm dollar in the overseas market.Late surge drives Nifty above 8,350, Sensex ends up 363 points - After consolidating for second straight day, late surge drove market on higher levels. The Sensex was up 363.30 points or 1.3 per cent at 27687.30 while the Nifty ended up 111.30 points or 1 per cent at 8373.65. CNG price to be increased by 45 paise per kg in Delhi, piped cooking gas in NCR - The applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 27.05 per scm, which is being increased from existing Rs 26.55 per scm.