RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.
Analysts are expecting inflation to fall further in October and November on base effect. Inflation measured by consumer prices has been trending down for over four months, and came in at 6.7 per cent in September.
BJP loss could trigger a correction
Union Bank of India, United Bank of India reduced base rates.
Hailstorms may cause Rs 12k-cr crop damage, El Nino a bigger worry.
To provide exporters/importers greater flexibility in risk management, RBI enhanced the limit available to exporters to 50 per cent
RBI is expected to cut policy rates by 50 basis points by 2016.
Experts say a lot of new wealth is being generated by promoters selling their stake.
May touch 64/$ due to foreign flows slowing down
A strong currency helps in fighting some of the import-led inflation.
The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
FMC approves commodity bourse's contract-launch calendar for two years.
Broking firm Jefferies says Indian financial system is now flooded with the kind of liquidity witnessed in 2005-07 and 2009-10
Bullion may settle with limited upside potential
A mixed global trend and weakness in rupee influenced the sentiments during the day.
HDFC and Infosys contribute the most to today's rally.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.
In a major sign of transformation of manufacturing-dominated Chinese economy, annual output of its service sector may exceed that of the manufacturing sector for the first time ever in 2013, an expert said.
Only three of India's 45 commercial banks have cut base lending rates since the Reserve Bank of India's surprise easing this month, hurting the government's drive to lift business investment.
Tata Steel and Tata Chemicals under investor watch
According to the research arm of the country's largest lender State Bank of India, with stability in the currency, the RBI Governor is likely to lower the marginal standing facility rate, at which the RBI lends to the banks, once the lenders exhaust their overnight repo borrowing limits.
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
64% of 800 investors polled think it will start this week but weak US data suggest it might not be aggressive.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
Market recovery on the cards in 2014 as investors are likely to chase higher yields
Gold has held up better than many expected.
There's need to address growth, but weak rupee putting pressure on prices.
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
The RBI opened a forex swap window in August to meet the entire daily dollar requirements of three oil marketing companies as the rupee depreciated to an all-time low of 68.85 against the US currency.
Pharma stocks have performed well after Budget
Why India is an attractive investment destination
BlackBerry has signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence, it said in a statement.
Though Indian banks don't have large exposure to subprime mortgages, analysts are worried at the rise in their restructured loan portfolios and deterioration in credit quality.
Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion.
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
RBI Governor Raghuram Rajan has said falling oil prices act as a cushion for CAD, adding it is time India does away with restrictions on gold imports
Experts hail 2014 as the worst year for banks.
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