oil refiners

Rupee closes at record low of 56.23 against dollar (Lead)


May 30th, 2012 - 9:27 pm ICT by IANS
Mumbai, May 30 (IANS) The Indian rupee hit a record closing low of 56.23 against dollar Wednesday due to increased demand for the American currency by importers for month-end payments ... Read more...

Posted in Business |

Rupee again slips below 56 against dollar


May 30th, 2012 - 4:09 pm ICT by IANS
Mumbai, May 30 (IANS) The Indian rupee slipped below the psychologically important level of 56 against a dollar Wednesday, for the first time in almost a week, and is ... Read more...

Posted in Business |

Don’t overreact to rupee weakening: Khullar


November 22nd, 2011 - 8:10 pm ICT by IANS
New Delhi, Nov 22 (IANS) With the Indian rupee sliding to a record low of 52.73 against the US dollar Tuesday, Commerce Secretary Rahul Khullar said there was no need ... Read more...

Posted in Business |

ONGC reports 26 percent drop in Q4 profit


May 30th, 2011 - 10:17 pm ICT by IANS
New Delhi, May 30 (IANS) India's biggest oil explorer, Oil and Natural Gas Corp (ONGC) Monday reported a decrease of 26 percent in net profit for the fourth quarter of ... Read more...

Posted in Business |

Stronger rupee to further hit exports: Goldman Sachs


May 25th, 2009 - 1:42 pm ICT by IANS
New Delhi, May 25 (IANS) Already hit by a sluggish offshore market, export-dependent sectors such as information technology (IT), textiles, pharmaceuticals and export-oriented oil refiners will now likely be hit by the ... Read more...

Posted in Business |

Chinese shares keep sliding, close with big losses


December 26th, 2008 - 5:37 pm ICT by IANS
Beijing, Dec 26 (Xinhua) Chinese equities failed to reverse the slack run of the past four trading days and ended Friday 0.05 percent lower, creating a record weekly loss of 8.27 percent ... Read more...

Posted in World |

China’s oil refiners report huge losses


November 6th, 2008 - 1:31 pm ICT by IANS
Beijing, Nov 6 (Xinhua) China's oil refiners suffered losses of more than 120 billion yuan ($17.58 billion) in the first nine months, China Petroleum and Chemical Industry Association (CPCIA) has said.Global financial ... Read more...

Posted in Business |

China, India in battle for UK energy firm: Report


August 4th, 2008 - 5:39 pm ICT by IANS
London, Aug 4 (IANS) Shares of a Russia-focussed oil and gas company rallied Monday after reports that China was rivalling a buy-up bid by the Oil and Natural Gas Corp Ltd (ONGC) ... Read more...

Posted in Uncategorized |

Indian economy to slow after RBI rate hikes: Moody’s


June 25th, 2008 - 5:41 pm ICT by IANS
New Delhi, June 25 (IANS) India's growth rate will moderate to 7.6 percent during the current fiscal from nine percent a year ago due to deflationary measures of the central bank, global ... Read more...

Posted in Business |

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