Opening Bell: Sensex, Nifty Open In Green On 5 Jan
WTI Crude oil fell for the second straight session of the New Year as demand concerns weighed. Crude fell more than 5.30 per cent as it ended the session near $73/bbl. In today’s early session crude is trading around a percent higher. The COVID-19 situation in China and its impact on demand from the world’s largest importer of oil is continuing to haunt the markets.
5 January 2023: No Changes Seen in Oil Rates!
Amid the constant fuel prices, cities like Mumbai and the national capital Delhi has Petrol rates at Rs 106.31 per litre and Rs 96.72 per litre respectively. Diesel costs about Rs 94.27 per litre and Rs 89.62 per litre respectively....
Market at Close: Indian Equity Indices Ended Wednesday’s Session In The Red Territory
India has raised windfall tax on petroleum, crude oil and aviation turbine fuel, according to a government order dated January 2. Coal India ends three percent lower after company announces 19 percent minimum wage hike. HPCL rises while ONGC slips following a four percent fall seen in crude.
Air India: Passenger Who Urinated On woman In New York-New Delhi Flight Banned Only For 30 Days
Air India is famous for delivering their passengers an inconvenient journey in general. The Tata takeover was supposed to turn around this image of the airline. However, so far, the story seems to be the same if not worse..
Opening Bell: Indian Nifty 50 Below 18,128 & Sensex Down 340.45 Points
Shares of oil companies are in focus as government announces hike in windfall tax. It is expected to add 6,000 barrels of crude oil per day to the ONGC’s production in the coming days..
Oil Price: Petrol-Diesel Price Remains Unchanged Today; Check The Oil Rates; Variations In Crude Oil
Amid the constant fuel prices, cities like Mumbai and the national capital Delhi has Petrol rates at ₹106.31 per litre and ₹ 96.72 per litre respectively. Diesel costs about ₹94.27 per litre and ₹89.62 per litre respectively
Reliance to buy 51% stake in Lotus Chocolate, announces open offer for additional 26% stake
Lotus Chocolate: Reliance Industries has also announced to bring an open offer for additional 26% (33,38,673 shares) stake in Lotus Company..
Closing Bell: Sensex & Nifty End Higher In Green
Shares of oil companies are in focus as government announces hike in windfall tax. It is expected to add 6,000 barrels of crude oil per day to ONGC’s production in the coming days.
Opening Bell: Indian indices opened marginally lower on January 3
India has raised windfall tax on petroleum, crude oil, and aviation turbine fuel. It raised the windfall tax on crude oil to Rs 2,100 ($25.38) per tonne from Rs 1,700 ($20.55), effective on Tuesday.
Tata Group Grieve Veteran Director R.K. Krishnakumar’s demise
RK Krishnakumar was a director in Tata Sons, the holding company of the Tata Group. For several years he was the vice chairman of India Hotels Company Ltd. (IHCL). He was earlier heading Tata Global Beverages and was instrumental in the acquisition of global tea company Tetley in 2000..
