Edible oil prices rise by 15% in a month

New Delhi (IANS) The prices of crude palm oil (CPO) have gone up to 15 per cent in last one month after India imposed restrictions on imports on refined palm oil from Malaysia.

On the Multi Commodity Exchange (MCX), all CPO futures traded up…

ITPCL debt structuring suffers due to TN utility arrears

New Delhi (IANS) The debt restructuring efforts for IL&FS Tamil Nadu Power Company Limited (ITPCL) is being hindered due to overdue payments from the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO).

According to an IL&FA…

Twitterati praise Mahindra's fund for micro entrepreneurs

New Delhi (IANS) Industrialist Anand Mahindra on Saturday tweeted that he has set aside Rs one crore as initial fund to invest in micro entrepreneurs, after watching a clip of a physically and hearing challenged person who makes e-bikes from waste…

Sensex near record levels again as oil cools

Mumbai (IANS) Sensex and Nifty gained during the early trade on Friday to surge near record levels.

Brent Crude traded near $65 a barrel on Friday after it shot as much as $71 over the US-Iran tension last week.

At 10.14 a.m., the Sensex…

No relief from soaring petrol, diesel prices

New Delhi (IANS) Even as crude oil prices declined for the fourth consecutive day on Friday after tensions between the US and Iran subsided, the consumers in India do not seem to be getting relief from the rising prices of petrol and diesel.

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Growth initiatives, easing geopolitical tensions boost market

Mumbai (IANS) Centre's initiative to boost growth in the upcoming Union Budget and easing geopolitical tensions in the Middle East pushed Indian equities market higher on Thursday.

As tensions in the Middle East seem to subside for the…

Ban on Malaysian ref palm oil imports to help domestic industry

New Delhi (IANS) India has imposed restrictions on refined palm oil imports from Malaysia, although crude palm oil (CPO) imports from the country will continue. The move is being viewed as a major step to benefit the domestic industry in the country.
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Petrol, diesel prices stabilise, crude oil rates surge

New Delhi (IANS) Petrol and diesel prices remained stable on Wednesday after a continuous rise for six days in the new year.

However, given the rise in the price of crude oil in the international market, there is no hope of getting relief on…

Telecom companies seek open court hearing on AGR review pleas

New Delhi (IANS) Seeking a review of the Supreme Court verdict on Adjusted Gross Revenue (AGR), Vodafone Idea and Bharti Airtel have sought open court hearing on their pleas.

Justice Arun Mishra said that he will speak to the Chief Justice…

Petrol, diesel prices continue to rise on Tuesday

New Delhi (IANS) Fuel prices continued to surge as the price of petrol rose by 5 paise and that of diesel by 12 paise across all major cities on Tuesday.

According to information on the Indian Oil Corporation website, petrol now costs Rs 75.74…