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IOC BPCL india petrol diesel fuel stations retail fuel petrol bunk HPCL reliance essar

BPCL, HPCL, IOC to continue domination in fuel retail space: IDFC Securities

Essar and Reliance will remain marginal players even as state-run OMCs retain their dominance, according to the research firm. May 12, 2016
rafale

France makes 'final offer' of $8.56 billion in Rafale fighter jet deal

In addition to this, India and France are also negotiating the price for the support package of the fighter jets. May 12, 2016
Oil prices fall as Canada oil sands fields gradually return

Oil prices fall as Canadian oil sands fields gradually return

International Brent crude futures were trading at $47.13 per barrel at 0143 GMT on Thursday, down 47 cents, or 1 percent. May 12, 2016
WTO headquarters

India to complain on US' violations of WTO treaties

The U.S.'s initiatives, like renewable energy programmes and priority watch list, are inconsistent with many WTO agreements. May 11, 2016
Bombay Stock Exchange building

DTAA with Mauritius: Indian firms with high FII holding at risk, says report

Indian firms in which FIIs hold more than 33 percent saw their shares react to the amendment to the DTAA with Mauritius, says ET report. May 11, 2016
sahara-group-chairman-subrata-roy

Supreme court extends Subrata Roy's parole till July 11

The conditional release is warranted on a rider that Roy will deposit Rs. 200 crore with Securities Exchange Board of India. May 11, 2016
Supreme Court

SC strikes down TRAI's call-drop penalty

The apex court noted the regulation order of the Telecom Regulatory Authority of India was "arbitrary and unconstitutional." May 11, 2016
BSE Building new

Zee Entertainment, DCM Shriram spurt on BSE after upbeat March-quarter results

Zee Entertainment ad revenues rose 29 percent while DCM Shriram's sugar business saw a turnaround, putting the firm back in the black. May 11, 2016
bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

7 NBFCs return licences; certificates of 4 others cancelled by RBI

The non-banking financial companies will no longer be able to carry on business, said the RBI. May 11, 2016
TAV Airport Turkey AAI Indian airports airport privatisation

Turkey's TAV Airports eyes opportunities in India, Malaysia

TAV Airports is planning to expand its global footprint to new markets such as India, Malaysia and Vietnam. May 11, 2016
Disney expanding search for new CEO

Disney reports rare earnings miss, shares sink

Shares of the world's best-known entertainment company fell more than 5 percent in extended trading. May 11, 2016
Qatar Airways

Qatar Airways postpones world's longest non-stop flight due to 'A350 delay'

The 17.5 hour, 9,031-mile service on Boeing 777 jets to New Zealand had been due to start on Dec. 3 this year. May 11, 2016

Asia shares bounce on bright earnings, yen bruised

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.4 percent in early trade. May 11, 2016
wgc gold demand report 2016, india gold demand, world gold demand trends, india gold jewellery, india gold prices, gold prices in india, gold prices in china, gold ETFs, gold demand in china

Gold buying this Akshay Tritiya slowed due to high prices

An annual Hindu and Jain festival saw 35 percent lower demand compared to last year. May 10, 2016
Indian rupee investments

Government to sell 15% stake in MMTC and STC

The government has asked bankers to help sell 15 percent stake sale in the two companies. May 10, 2016
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