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Heads of prominent oil manufacturing firms in the country such as HPCL, IOC and BPCL have agreed to the scheme and issued circulars to dealers about it.

Global oil supplies up, but OPEC abides by output cut: IEA

In November last year, OPEC countries had agreed to cut output by 1.2 bpd from January 1.

15 March 2017 3:44 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

Petroleum Ministry to talk on ONGC-HPCL merger

HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio.

15 March 2017 2:41 PM IST

At the Multi Commodity Exchange, gold for delivery in far-month April rose by Rs 28, or 0.10 per cent, to Rs 27,920 per 10 grams in a business turnover of one lot.

Govt raises Rs 1,085 cr in 6th tranche of SGB scheme

Investors in these bonds have been provided with option of holding them in physical or dematerialised form.

15 March 2017 2:35 PM IST

SBI Chairperson Arundhati Bhattacharya. (Photo: Twitter)

Farm loan waivers upset credit discipline: SBI Chairman

Arundhati Bhattacharya said bank has not received any proposal to waive off farm loans in Uttar Pradesh.

15 March 2017 2:23 PM IST

Union Minister Nitin Gadkari

New sector to be part of multi-modal logistics hubs

Gadkari announces aviation sector as part of multi-modal logistics hubs to promote holistic logistics solutions.

15 March 2017 2:13 PM IST

Bombay stock market

P-note investment climbs to Rs 1.75 lakh crore at Jan-end

P-notes are issued by registered FPIs to overseas ones who wish to participate in Indian markets.

15 March 2017 1:57 PM IST

Finance Minister Arun jaitley

Ministerial panel on labour issues to meet next week

The panel headed by Arun Jaitley will form drafts of new industrial relations code and wage code.

15 March 2017 1:44 PM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

RCom gets SEBI nod for merger with Aircel

Company has also filed application with National Company Law Tribunal for approval of scheme.

15 March 2017 12:54 PM IST

Under the PMGKY after payment of tax, 25 per cent of the unaccounted money will have to be mandatorily parked with the government for 4 years as non-interest bearing deposit.

Hard cash must excist during payment: Govt

Hard cash disclosed under PMGKY, its existence is necessary on the date of making payment of tax.

15 March 2017 12:34 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex trades flat, up 3 points in late morning deals

Mild bouts of buying was witnessed in telecom, auto, financials, energy, consumer durables among others.

15 March 2017 12:33 PM IST

Money laundering by the medium of gold purchase/sell has seen a huge boost post demonetisation. (Photo: PTI/Representational)

Gold futures drop Rs 148 on weak global cues

Metal for delivery in April was trading down Rs 132 to Rs 27,944 per 10 grams.

15 March 2017 11:18 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex starts flat, inflows continue to pour in

Sensex had soared 540.69 points in previous three sessions following BJP's landslide win.

15 March 2017 10:40 AM IST