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MUMBAI (Reuters) - The BSE Sensex provisionally closed 1.9 percent lower on Friday, with subdued world stocks weighing on the sentiment. Energy giant Reliance Industries led the decline.
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LONDON (Reuters) - Oil rose above $82 a barrel on Friday on a stronger euro ahead of an expected bailout of Ireland as well as on expectations China could lift interest rates to curb inflation.
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TOKYO (Reuters) - Oil extended gains to near $82 a barrel on Friday, continuing to get support from an improved outlook for Ireland's debt crisis, which weakened the dollar and boosted appetite for stocks and other commodities.
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REUTERS) - U.S.-based Walter Energy Inc is in talks to buy Canadian peer Western Coal Corp for $3.24 billion to tap surging Asian demand for steelmaking coal.
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The government has set up a high-level panel to evolve an enabling policy framework for $1-trillion investment in infrastructure during the 12th Five-Year Plan, which starts April 2012. In order to upgrade infrastructure facilities in the country, the Centre aims to double investments in 10 sectors, including transport, power, telecommunications, and oil and gas. The panel will be chaired by former deputy governor of Reserve Bank of India Rakesh Mohan. Mohan, who has been given a rank of minist
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BANGALORE (Reuters) - U.S.-based Walter Energy Inc is in talks to buy Canadian peer Western Coal Corp for $3.24 billion, as miners scramble to tap surging demand in Asia for steelmaking coal.
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LONDON (Reuters) - Oil retraced part of a steep four-session drop on Thursday as worries about Ireland's debt crisis eased and a sharp crude inventory drawdown in top consumer the United States encouraged investors.
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BANGALORE (Reuters) - U.S. coal maker Walter Energy said it is in talks to buy Canada's Western Coal for $3.24 billion, to create a steelmaking coal giant aimed at exploiting Asian demand.
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MUMBAI (Reuters) - The rupee on Thursday recouped from its nearly two-month lows hit in early trades, supported by the dollar's weakness against majors. However, oil importers' dollar buying and choppy shares weighed.
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LONDON (Reuters) - Oil retraced part of a steep four-session drop on Thursday as worries about Ireland's debt crisis eased and a sharp crude inventory drawdown in top consumer the United States propped up prices.
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MUMBAI (Reuters) - The rupee opened weak on Thursday due to foreign investors' risk aversion towards the end of the year. Likely oil importers' dollar demand later in the day could add to the rupee's fall.
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MUMBAI (Reuters) - The rupee weakened further on Thursday to touch near two-month lows on losses in local shares amid profit-taking by foreign funds ahead of the year-end, with dollar demand from oil importers also weighing.
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MUMBAI (Reuters) - The rupee is expected to weaken on Thursday on risk averse sentiment among foreign investors and dollar demand from oil importers.
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SINGAPORE (Reuters) - Oil rebounded from four-week lows on Thursday as a weaker dollar and cautious optimism about Ireland's debt crisis rekindled interest for commodities, while a sharp crude inventory decline in the United States supported prices.
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HOUSTON (Reuters) - Exxon Mobil Corp will pay $25 million as part of a settlement to clean up a decades-old oil spill in New York City, the state's attorney general said on Wednesday.
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