Adani's Carmichael project has been stuck in the approvals process for the past five years.
Analysts cut upstream firms' FY15 earnings estimates, while raising those for GAIL and Gujarat Gas.
Petrol prices on Thursday crossed Rs 73 a litre mark, the highest level since the BJP government came to power in 2014, while diesel touched a record high of Rs 64.11 a litre.
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
'An internationally established price of crude will encourage more players to invest in India, leading to enhanced domestic production which can be made available to domestic refineries,' recommends Anil Agarwal whose company Vedanta Resources has a controlling stake in Cairn India that operates the country's biggest onland oilfield in Barmer, Rajasthan.
Without Myanmar, India can't engage with any of the Asian nations to its east.
Apart from key bilateral issues, the two leaders also discussed situation in the region, particularly in wake of the increasing threat of terrorism and extremism from various sources including the Islamic State militant group.
'The Cauvery river has become excessively politicised by all political parties.' 'They see a vote bank in an emotive issue of this kind.'
Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
These ambitious projects are littered with every possible acronyms and include proposed road links, air connectivity plans, electricity grids and special economic zones on coasts, says Subhomoy Bhattacharjee.
ISI sought to intercept all communications passing through the country in 2013, the most significant expansion of its capacity to conduct mass surveillance to date and rivalling that of the United States and UK.
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
'Aggravated fears about the fate of Article 370 and Article 35A of the Constitution have reopened old wounds and laid bare the widening emotional distance between Srinagar and New Delhi,' says Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
'What Modisaab will accomplish by tampering with the treaty is providing ammunition to ultra-nationalist right wing elements within Pakistan who see India as an existential threat.'
Andhra Pradesh now comes third in ease of doing business.
Execs of RIL, Essar, Cairn India, Jubilant Energy, ADAG detained.
If the Modi government is to keep its promise of change, it must bring in fresh faces.
Jammu and Kashmir continues to remain on a flood alert as most of the rivers in the state are flowing above the danger mark.
Finance minister tries to put house in order before reforms are unveiled in February.
Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
'It was a mission undertaken in darkness in every sense -- literally, because Afghanistan had no electricity at that time; and, metaphorically because Delhi historically dealt only with the Pashtuns of Afghanistan and the foreign ministry's vast archives had nothing to offer on the culture and politics of the northern tribes in the Hindu Kush.'
