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  • Oil Falls Over $1 as Middle East Supply Fears Ease

    Oil Falls Over $1 as Middle East Supply Fears Ease

    Oil prices fell more than $1 per barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen.

  • Jaitley Expects Global Crude Oil Prices to Stabilise Soon

    Jaitley Expects Global Crude Oil Prices to Stabilise Soon

    Concerned over volatility in international oil prices, Finance Minister Arun Jaitley on Friday expressed hope that the situation in the Middle East will improve and the prices will stabilise.

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  • Gold Reclaims Rs 27,000-Level on Global Cues, Seasonal Demand

    Gold Reclaims Rs 27,000-Level on Global Cues, Seasonal Demand

    Gold prices surged by Rs 150 to close at over three-week high of Rs 27,100 per 10 grams at the bullion market on Friday on a firming global trend and sustained buying by jewellers to meet seasonal demand.

  • Gold Buying Slows Amid Price Rally

    Gold Buying Slows Amid Price Rally

    The softness in demand comes ahead of April's Akshaya Tritaya festival, when it is considered auspicious to buy gold.

  • GAIL Seeks 7 LNG Cargoes From October 2015 to December 2016: Report

    GAIL Seeks 7 LNG Cargoes From October 2015 to December 2016: Report

    GAIL is looking to buy seven liquefied natural gas (LNG) cargoes for delivery from October 2015 until December 2016, according to the tender document obtained by Reuters.

  • Cancelling of Jindal Power Bid, Allotting Mines to CIL 'Wrong': Court

    Cancelling of Jindal Power Bid, Allotting Mines to CIL 'Wrong': Court

    Government's decision to cancel the bid of Jindal Power Ltd (JPL) for two Chhattisgarh coal mines by annulling the tender process and allotting them to Coal India Ltd (CIL) is "prima facie wrong", Delhi High Court said on Thursday .

  • Gold Jumps Rs 400 on Global Cues, Buying by Jewellers

    Gold Jumps Rs 400 on Global Cues, Buying by Jewellers

    Gold prices spurted by Rs 400 to trade at Rs 26,950 per 10 grams at the bullion market on Thursday after the precious metal climbed above $1,200 an ounce in Singapore amid increased buying by jewellers to meet seasonal demand.

  • Oil Prices Surge 6% After Saudi Air Strikes in Yemen

    Oil Prices Surge 6% After Saudi Air Strikes in Yemen

    Brent crude oil shot up nearly 6 per cent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, but the benchmark later came off its high near $60 as importers saw no immediate threat to supplies.

  • NTPC Gets Back Five Coal Blocks

    NTPC Gets Back Five Coal Blocks

    State-owned power generation company NTPC on Wednesday said it has been re-allotted five coal blocks that were cancelled last year by the Supreme Court.

  • Traders Protest Making PAN Must for Buying Gold Over Rs 1 Lakh

    Traders Protest Making PAN Must for Buying Gold Over Rs 1 Lakh

    Bullion market remained closed in the national capital on Wednesday as traders refrained from doing business to protest the budgetary proposal that would make it mandatory to quote PAN for purchases of above Rs 1 lakh.

  • Gold Set for Fifth Day of Gains on US Rate Speculation

    Gold Set for Fifth Day of Gains on US Rate Speculation

    The dollar - which had fallen initially - was up 0.2 per cent against a basket of currencies, after US data showed an uptick in underlying inflation pressures and gains in home prices.

  • New Round of Coal Block Auctions From April: Power Minister

    New Round of Coal Block Auctions From April: Power Minister

    The government is ready to launch the next round of coal block auctions from April even as it is facing litigation by Jindal Steel & Power Ltd (JSPL), which saw its bids being cancelled in the last round of auctions.

  • Indian Oil Seeks 2 Million Barrels of May Loading Basra Oil: Report

    Indian Oil Seeks 2 Million Barrels of May Loading Basra Oil: Report

    State-run Indian Oil Corp has floated a tender seeking 2 million barrels of Iraq's Basra light oil for May loading, a tender document showed.

  • Vesting of Coal Blocks Subject to Outcome of Pleas, Says Court

    Vesting of Coal Blocks Subject to Outcome of Pleas, Says Court

    The court also issued notice to Coal Ministry and sought its response by April 8 on the pleas of JSPL, NIPL and Prism.

  • Coal Imports Seen Jumping 19% in 2014-15

    Coal Imports Seen Jumping 19% in 2014-15

    Coal imports are expected to jump 19 per cent to a record of about 200 million tonnes this fiscal year, Coal Secretary Anil Swarup told Reuters, as power companies add capacity to meet rising demand even as millions go without electricity.

  • Government Allots 38 Coal Mines to Central, State PSUs

    Government Allots 38 Coal Mines to Central, State PSUs

    The government on Tuesday allotted 38 mines to central and state public sector units including power major National Thermal Power Corporation (NTPC), DVC and Steel Authority of India Ltd (SAIL).

  • Gold Futures Rise 0.48% on Global Cues

    Gold Futures Rise 0.48% on Global Cues

    Gold prices rose by 0.48 per cent to Rs 26,470 per 10 grams in futures trade on Tuesday as speculators created fresh positions amid positive cues from overseas markets.

  • Oil Rebounds Towards $57; Weak Dollar Overshadows China Slowdown

    Oil Rebounds Towards $57; Weak Dollar Overshadows China Slowdown

    Brent crude reversed early losses to trade back towards $57 per barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.

  • Gold Rises by Rs 100 on Demand Pick-Up, Global Cues

    Gold Rises by Rs 100 on Demand Pick-Up, Global Cues

    Gold prices rose by Rs 100 to Rs 26,550 per 10 grams at the bullion market on Tuesday on increased buying by jewellers and retailers amid a firm global trend.

  • Merger Process With Commodity Regulator to be Smooth: Sebi

    Merger Process With Commodity Regulator to be Smooth: Sebi

    Securities and Exchange Board of India (Sebi) on Sunday said the action plan for proposed merger of Forward Markets Commission (FMC) with itself is under works and expressed hope that the process would be "smooth".

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