India, ASEAN agree to review free trade pact in goods
India, ASEAN also decided to constitute a joint committee for this purpose, according to a statement. – The Hindu – Economy
Category: Marketwatch
Indian Oil to restart naphtha cracker late September, set for expansion
Indian Oil Corp has shut its only naphtha cracker and half of its Panipat refinery since early this month for maintenance, head of refineries S M Vaidya said on Tuesday. … Read More
India, ASEAN agree to review free trade pact in goods
India, ASEAN also decided to constitute a joint committee for this purpose, according to a statement. – The Hindu – Economy
Sebi imposes Rs 6 lakh fine on SRU Securities for manipulative share trading
The order follows an investigation conducted by Sebi between December 2014 and January 2016. – Stocks-Markets-Economic Times
Small stocks take big hit, tank up to 15.42% so far in FY20
The midcap index touched its 52-week low of 12,914.63 on August 23 this year. – Stocks-Markets-Economic Times
WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision
WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group … Read More
Cash premium for Singapore high-sulphur fuel oil climbs to new record
The cash premium for cargoes of 380-centistoke (cst) high-sulphur fuel oil (HSFO) in Singapore climbed to a record on Tuesday, according to Reuters data. – Reuters: Money News
Indonesia names former trader graft suspect in ‘oil mafia’ probe
Indonesia’s Corruption Eradication Commission (KPK) on Tuesday named a former managing director of the trading arm of state energy company PT Pertamina a suspect in a graft case linked to … Read More
India and Nepal open South Asia’s first cross-border oil pipeline
India and Nepal officially opened South Asia’s first cross-border oil pipeline on Tuesday, a project seen as part of New Delhi’s efforts to increase its influence in the Himalayan nation … Read More
Gold dips to near one-month low as risk appetite dents safe havens
Gold dropped to a near one-month low on Tuesday to hold below the key $1,500 pivot, hit by a stronger dollar and an improved appetite for riskier assets supported by … Read More