Indian Oil Corp, India’s top refiner, has maintained its annual crude import deal with Iraq at 21 million tonnes for 2025, a senior company executive said.
Posts in category All News
Banks’ share of high-cost deposits rises in Q2 (27-11-2024)
The data also showed that while public sector banks were a bit slow in mobilising deposits compared to their private sector peers during the quarter, they were ahead in lending.
Hot Stocks: 3 stocks that may give returns between 22-56% (27-11-2024)
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 22% and 56% as per analysts’ price targets.
Bitcoin retreats from resistance at $100K (27-11-2024)
The difficulty of trying to crack $100,000 for the first time “could convince traders that the top is in, and profits should be locked in now,” wrote Noelle Acheson, author of the Crypto Is Macro Now newsletter. However, any such episode should be “fleeting,” she added.
UBS initiates coverage on Swiggy with a ‘Buy’ rating (27-11-2024)
The risk-reward for the stock is attractive as it is valued at an estimated Enterprise Value (EV) to Revenue of 6.2 times, as against 9 times for Zomato, said the brokerage.
As Adani Group stocks wobble, investors take fewer chances (27-11-2024)
Shares of all the 11 listed companies ended lower on Tuesday, falling between 1% and 7% after Fitch Ratings put some Adani Group bonds under its negative watchlist.
Successor to ‘Big Bull’ plays to her strengths (27-11-2024)
Two years after the death of India’s biggest wealth creator in the stock markets, the family believes the time has come to take his legacy forward in a more diversified manner because what worked for him needn’t work for her.
Adani companies’ outlook revised to negative (26-11-2024)
Seven companies within the group got their outlook lowered by Moody’s. These include Adani Green Energy Ltd (AGEL), which is cited in the indictment, Adani Ports and Adani Transmission, among others.
Tariff Threats Show Trump’s Commitment to Upending Global Trade (26-11-2024)
The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.
Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury. (26-11-2024)
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.