Crude Prices

Offers could fall further if benchmark West Texas Intermediate crude futures -- which have lost three-quarters of their value this year -- continue to tumbleFast depleting storage is a major issue against a backdrop of unprecedented demand destruction from the coronavirus pandemic, and these could pressure prices below zero fast

Net profit at 90 listed firms in Dec quarter grew 7.38%, slower than 10.1% growth in preceding 3 monthsThis sample excludes banks, financial services firms and oil and gas companies

Global stocks rebounded on Wednesday on the back of the Trump administration's attempt to shore up investor confidence and a report on strong US holiday spending

Sensex rose 5.09% in November to 36,194.30, while Nifty climbed 4.72% in the month to 10,876.75

Opec’s current woes may benefit India—but they are also a warning that it cannot be complacent

A comparatively conservative policy stance will serve India better at this stage

The corrections in global crude prices did not lead to a structural correction in India's external imbalances

Commerce minister Suresh Prabhu said exports in May rose by 20.18% to $28.86 billion while imports were up 14.85% to $43.48 billion

Indian oil companies' March quarter financial results did not bring too many nasty surprises, though there were some disappointments.

A analysis of 1,372 listed firms based on Capitaline data, showed aggregate net profit, after adjusting for one-time gains and losses, rose 13.88% in the March quarter, against 17.08% in the third quarte