The current level of international product prices and INR-USD exchange rate warrant a price decrease, which is being passed on to consumers with this price revision,” IOC said. Moneycontrol Bureau Oil marketing companies (OMC) have slashed petrol price by Rs 0.5 per litre from midnight of October 31. Post cut, price of Petrol in Delhi will be Rs 60.70/litre.
unable to retrieve full-text content Vision care company Bausch + Lomb, a part of the health and wellness firm, Valeant Pharmaceuticals International is looking to expand its presence to nearly 800 tier III and tier IV cities.
Moneycontrol BureauThe market continued to rise for fourth consecutive week with benchmark indices rising 0.6 percent, supported by Reliance Industries’ better-than-expected September quarter earnings and hopes of another fiscal stimulus from European Central Bank for European countries. Most of earnings announced during the week were in-line or slightly below estimates which also supported the market. The coming week is very important for primary as well as secondary markets.
unable to retrieve full-text content The National Capital Goods Policy is formulated with the vision to increase the share of capital goods contribution from present 12 percent to 20 percent of total manufacturing activity by 2025, said the draft policy released by Department of Heavy Industries.
unable to retrieve full-text content Ian Hui Global Market Strategist JP Morgan Asset Management does not expect any major policy decisions from most of the Central Banks across the globe.
unable to retrieve full-text content “The food processing sector has immense potential for future growth that needs to be further tapped against the global landscape. The present environment in conducive to Make in India in the sector and needs to be backed by innovation and technology,” Harshdeep Kamble said.
Moneycontrol BureauProfessional mountaineers tell you that it easier climbing a mountain than getting off one. Something similar seems to be the case with equity investing as well.
Smitha HariIt has been oft repeated that financial planning and taking certain personal finance steps in life is critical.
unable to retrieve full-text content Auto stocks like Tata Motors, Ashok Leyland, SML Isuzu, Eicher Motors, Hero Motocorp, Force Motors, Mahindra Mahindra and Maruti Suzuki will continue getting strong astrological support, says Satish Gupta of astrostocktips.