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Government Seeks Foreign Investment In Strategic Petroleum Reserves
Reuters | Monday November 09, 2020Government recently allowed Abu Dhabi National Oil Co (ADNOC) to re-export some of its oil stored in Mangalore SPR, mirroring a model adopted by South Korea and Japan. -
India To Be Key Driver Of Global Oil Demand In Coming Decades: Oil Minister
Reuters | Monday November 09, 2020India's share of global energy consumption was set to rise from the current 7 per cent to 12 per cent by 2050, oil minister Dharmendra Pradhan said. -
October Car, Motorbike Sales Skid As Dealers Caution Over Stock
Reuters | Monday November 09, 2020Companies including Maruti Suzuki, Hyundai Motor and Hero MotoCorp reported strong dealer demand in October in anticipation of high sales in the run up to the festival of Diwali this week. -
Sensex, Nifty Close At Record Highs On Strong Global Cues: 10 Things To Know
Edited by Abhishek Vasudev (with inputs from Reuters) | Monday November 09, 2020The S&P BSE Sensex and NSE Nifty 50 indexes surged to record highs on Monday on the back of strong global cues on expectations of better global trade ties and more monetary stimulus under the US President-elect Joe Biden supported risk appetite. Better-than-expected earnings in September quarter by Indian companies also boosted the investors' confidence, analysts said. The Sensex rose as much as 752 points to hit an intraday record high of 42,645.33 and Nifty 50 index climbed to an all-time high of 12,474. -
Gold Price Today: Yellow Metal Futures Tumble Over 2% To Rs 50,984 Amid COVID-19 Vaccine Optimism
Edited by Sandeep Singh (with inputs from agencies) | Monday November 09, 2020Gold Price In India Today: Multi Commodity Exchange (MCX) gold futures settled at Rs 50,984 for the day, down 2.27 per cent for the day. -
UltraTech Cement, TCS, Divi's Labs Among Anand Rathi's Top Diwali Picks
Edited by Abhishek Vasudev | Monday November 09, 2020The benchmarks have staged a strong rally from the lows hit in March as the country went into lockdown to curb the spread of COVID-19 pandemic. -
IT Shares Gain On Hopes Of Easy H-1B Visas Under Joe Biden's Administration
Edited by Abhishek Vasudev | Monday November 09, 2020Gauge of 10 IT shares on the National Stock Exchange - Nifty IT index - climbed as much as 2% with all, but one share, in the index trading higher. -
Sovereign Gold Bonds Open For Subscription Till Friday. Here's All You Need To Know
Edited by Sandeep Singh | Monday November 09, 2020Gold Bond Scheme: The eighth tranche of the gold bond scheme, which opened for subscription on Monday, November 9, will be available for investing till Friday. -
Gland Pharma IPO Opens For Subscription. Here's All You Need To Know
Edited by Peter Noronha | Monday November 09, 2020Gland Pharma IPO: The offer consists of a fresh issue of shares worth around Rs 1,250 crore and an offer for sale of more than 3.4 crore shares by Fosun Pharma, Gland Celsus Bio Chemicals, Empower Discretionary Trust and Nilay Discretionary Trust. -
Sovereign Gold Bond Issue Price At Rs 5,177. Here's How This Rate Is Calculated
Edited by Sandeep Singh | Monday November 09, 2020Sovereign Gold Bond scheme 2020-21: The issue price is calculated using a simple average of prices provided by Mumbai-based industry body IBJA. -
Sensex Rises 704 Points, Nifty At 12,461 As Markets Soar To Record Closing Highs
Edited by Sandeep Singh (with inputs from agencies) | Monday November 09, 2020Domestic stock markets surged to record highs on Monday as Joe Biden's win in the US presidential election lifted broader Asian shares. The S&P BSE Sensex index jumped 752.27 points - or 1.80 per cent - to touch an all-time high of 42,645.33 during the session, and the broader NSE Nifty 50 benchmark climbed to a record 12,474.05, up 210.5 points - or 1.72 per cent - from its previous close. Broad-based gains - led by banking, financial services, IT and pharmaceutical shares - pushed the markets higher. -
US Markets Set To Welcome Joe Biden's Election As President
Agence France-Presse | Monday November 09, 2020At around 0015 GMT, futures contracts for December on the Dow Jones appreciated by 0.99 per cent, on the Nasdaq by 1.28 per cent and on the S&P 500 by 1.02 per cent. -
Petrol, Diesel Prices Remain Unchanged On Monday
Edited by Peter Noronha | Monday November 09, 2020Fuel Price in India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel was Rs70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Sensex, Nifty Likely To Open Strong
Edited by Peter Noronha (with inputs from agencies) | Monday November 09, 2020Asian markets are headed for a positive start, going by early futures trading, and SGX Nifty futures have also opened deep in the green after Joe Biden won the race to the US White House. -
Centre Plans To Sell Up To 15% Stake In Indian Railway PSU IRCON
Edited by Nikita Prasad (with inputs from agencies) | Sunday November 08, 2020At the current market price, the government could raise about Rs 450 crore by selling 15 per cent stake in IRCON
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