ONGC and Oil India are key beneficiaries if Brent price remains elevated above USD 70/bbl as their CMP is discounting ~USD 65/bbl net crude realisation amidst low risk of windfall tax, said analysts. Shares of Indian upstream oil companies rallied up to 4 per cent on the BSE in Tuesday’s intra-day trade. Individually, Oil…
The agreement, concluded in December, will see New Zealand eliminate duties on all Indian exports, while India will reduce tariffs on 95 per cent of imports from the South Pacific nation India and New Zealand on Monday signed a free-trade agreement (FTA) that significantly lowers tariffs on goods, expands market access, and eases entry for…
US Ambassador Sergio Gor took charge in Delhi, saying India and the US remain actively engaged on trade talks, with the next call expected soon. Newly appointed US Ambassador Sergio Gor said India and the US remain actively engaged on trade, with the next round of talks expected shortly. US Ambassador to India Sergio…
Following a brief spell in the red, the midcap 100 and smallcap 100 indices clawed backed in the positive with gains of about 0.7 percent each. Benchmark indices Nifty and Sensex closed sharply higher on March 20, extending their winning streak as a broad-based rally lifted all sectoral indices over 1 percent. IT stocks…