Thomson Reuters | Last Updated: August 04, 2015 08:03 (IST)
Investors looked past data on Monday that showed US manufacturing activity falling short of estimates, instead awaiting the crucial non-farm payrolls number due on Friday.
Thomson Reuters | Last Updated: August 04, 2015 07:57 (IST)
Oil output by the Organization of the Petroleum Exporting Countries (OPEC) reached the highest monthly level in recent history in July, and production could rise further if Iran achieves a plan to raise output by 500,000 barrels per day (bpd) as soon as sanctions are lifted.
Press Trust of India | Last Updated: August 03, 2015 23:39 (IST)
Government has recovered nearly a third of the $195.34 million additional profit it is claiming from Reliance Industries' KG-D6 field as a result of penalty imposed for gas output lagging targets, Oil Minister Dharmendra Pradhan said on Monday.
Press Trust of India | Last Updated: August 03, 2015 16:34 (IST)
Foreign direct investment (FDI) in the petroleum and natural gas sector witnessed an almost ten-fold jump in financial year 2014-15 as compared to the preceding fiscal year, touching Rs 6,473.22 crore, the government told the Lok Sabha on Monday.
Last Updated: August 03, 2015 16:22 (IST)
Berger Paints India on Monday said it was contemplating two new plants in the North East.
Press Trust of India | Last Updated: August 03, 2015 14:25 (IST)
The Finance Ministry will pay state-owned fuel retailers Rs 1,300 crore cash subsidy for kerosene for the first quarter ended June 30, but the same on LPG will be decided later.
Thomson Reuters | Last Updated: August 03, 2015 12:53 (IST)
Oil slid to six-month lows on Monday, hit by fresh evidence of growing oversupply, investor bearishness and slowing demand in China, leaving crude prices on course for their weakest third-quarter performance since the financial crisis in 2008.
Agence France-Presse | Last Updated: August 03, 2015 08:51 (IST)
Prices were facing downward pressure following "signs that top producers in the Middle East were continuing to pump at record levels despite a growing global glut," said Singapore's United Overseas Bank in a market commentary.
Thomson Reuters | Last Updated: August 03, 2015 08:23 (IST)
Gold edged lower early on Monday, trading near a 5-1/2-year low, as expectations for a near-term hike in US interest rates kept up the downward pressure after bullion fell the most since 2013 in July.
Press Trust of India | Last Updated: August 01, 2015 13:36 (IST)
Gold regained its sheen and rose by Rs 200 to Rs 25,300 per 10 grams at the bullion market on Saturday, tracking a firm global trend and increased buying by jewellers.
Press Trust of India | Last Updated: July 31, 2015 22:45 (IST)
Petrol price was on Friday lowered by Rs 2.43 per litre and diesel by Rs 3.60 per litre, the third reduction in rates this month, with effect from the midnight of July 31 and August 1.
Thomson Reuters | Last Updated: July 31, 2015 07:32 (IST)
Spot gold was up 0.1 per cent at $1,088.86 an ounce by 0037 GMT, but not far above last week's trough of $1,077.
Thomson Reuters | Last Updated: July 30, 2015 23:12 (IST)
The Organization of the Petroleum Exporting Countries (OPEC) expects increasing oil demand to prevent a further fall in prices and sees a more balanced market in 2016, its Secretary-General said on Thursday, the latest sign the group is sticking to its policy of defending market share.
Thomson Reuters | Last Updated: July 30, 2015 21:48 (IST)
Gold fell 1 per cent on Thursday to near a 5-1/2-year low as the dollar rose after data showed the US economy improved in the second quarter, supporting views the Federal Reserve would lift rates by year-end.
Thomson Reuters | Last Updated: July 30, 2015 21:02 (IST)
Rajesh Exports this month bought Swiss company Valcambi, the world's largest gold refiner, for $400 million in a deal that could further boost its image globally.
Thomson Reuters | Last Updated: July 30, 2015 16:23 (IST)
Oil prices are likely to bounce back from six-month lows to end this year higher and climb further in 2016 thanks to rising demand from emerging markets, a monthly Reuters poll showed on Thursday.