Spot power market trade up 51% yoy in Dec 2019
The electricity trade on India Energy Exchange was up 25 per cent over November 2019. – Stocks-Markets-Economic Times
Month: January 2020
Gold Surges By Rs 752 Tracking Global Rates; Rupee Depreciates
In the global market, both gold and silver depicted a bullish trend, quoting with gains at $1,547 per ounce and $18.20 per ounce, respectively. – NDTV Profit – Latest
Sensex slides 162 pts as US-Iran tensions escalate; VIX spikes 10%
IT stocks gained on back of weak rupee and helped limit losses for Sensex. – Stocks-Markets-Economic Times
Builder blames delayed rent by India for missed debt payment
Peninsula used its own resources to pay the loan and “regularized” the account, the company said. – Stocks-Markets-Economic Times
Fertiliser firms’ working capital borrowings set to rise: ICRA
The subsidy requirement of Rs. 1250 billion includes a subsidy backlog which is expected to increase. – Stocks-Markets-Economic Times
Russia halts oil to Belarus, but transit to Europe still flowing
Russia has halted oil supplies to refineries in Belarus, the Belarusian state energy firm said on Friday, amid a new contract dispute that is also threatening large Russian oil deliveries … Read More
Turkish operator says Ghosn used its jets illegally to escape Japan
A Turkish private jet operator said on Friday that ex-Nissan boss Carlos Ghosn used two of its planes illegally in his escape from Japan, with an employee falsifying lease records … Read More
Manufacturing weakness dents Germany’s labour market
German unemployment rose more than expected in December, data showed on Friday, adding to signs that weakness in the manufacturing sector is hurting the labour market in Europe’s biggest economy. … Read More
Global Markets: Oil, safe havens surge as U.S. strikes kill Iranian commander
Oil prices rose over $2 a barrel and gold and other safe-haven assets jumped on Friday, as the U.S. killing of a top Iranian commander in an air strike in … Read More
Brent jumps almost $3 after U.S. kills Iran’s Soleimani
Oil prices jumped nearly $3 on Friday after a U.S. air strike in Baghdad killed the head of Iran’s elite Quds Force, sparking concerns for escalation of regional tensions and … Read More