Month: December 2022

Reliance Industries Ltd and its partner bp plc of the UK have sought bids for the sale of natural gas from the eastern offshore KG-D6 block at a price linked … Read More

The rupee rose slightly on Friday, but ended the year 12 per cent lower against the US dollar, which was headed for its best year since 2015. On the last interbank … Read More

Non-banking financial company Shriram Finance Ltd said on today it had secured a five-year loan worth $100 million from the Asian Development Bank to finance its purchase of new and … Read More

The past year turned out to be a roller-coaster ride for Indian stock market investors as the benchmark indices oscillated between bears and bulls and there are enough signs that … Read More

The commerce ministry has sought a reduction in the import duty on gold in the forthcoming budget with a view to push exports and manufacturing of the gems and jewellery … Read More

The Indian rupee is likely to hold in a tight range in the early part of 2023 but the worst is possibly behind it, said traders and analysts. The local … Read More

The Indian stock market received a setback last week due to a sharp correction. This week has seen a recovery. The sudden decline in the market was due to the … Read More

After remaining above the Reserve Bank’s comfort level of 6 per cent for most part of this year, retail inflation is slowly easing, and efforts are likely to continue to … Read More

As India remained a bright spot in an otherwise gloomy global economic scenario, the country’s corporate sector showed a good appetite for acquisitions in 2022, a year which also saw … Read More