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Oil nears $64 as us stockpiles fall, eyes on US inventory data

Mumbai, Sept. 24 -- WTI crude oil futures climbed close to $64 per barrel on Wednesday, extending a near 2% rally from the previous session. Gains followed API data showing a 3.8 million barrel draw i... Read More


Reserve Bank renews its Statement of Commitment to FX Global Code

Mumbai, Sept. 24 -- The Reserve Bank of India has signed its renewed Statement of Commitment (SoC) to the FX Global Code ("Code"). The Code is a set of global principles of good practice in the FX mar... Read More


Deccan Cements rises after Infomerics Ratings assigns 'BBB+/positive' rating to proposed NCDs

Mumbai, Sept. 24 -- Infomerics Ratings stated that the rating is based on strengths derived from experienced management and long track record of operations, integrated nature of operations and modest ... Read More


TRAI issues draft Telecommunication Services Interconnection regulations

Mumbai, Sept. 24 -- Telecom Regulatory Authority of India (TRAI) has issued the draft Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) (Seventh Amendment) Regu... Read More


Nifty below 25,100 level; media shares decline

Mumbai, Sept. 24 -- The domestic equity benchmarks traded with substantial losses in the mid-morning trade, weighed down by renewed concerns over potential changes to U.S. H-1B visa regulations. Broad... Read More


Weakness in US dollar contributing to easier financial conditions this year says OECD

Mumbai, Sept. 24 -- OECD stated in its latest economic outlook that the US dollar has depreciated against most currencies this year, contributing to easier financial conditions in the United States an... Read More


Kamat Hotels launches 70-key eco-luxury Orchid Hotel in Panchgani

Mumbai, Sept. 24 -- This strategic expansion further strengthens KHIL's footprint in Maharashtra's burgeoning leisure and hill-station tourism segment. Located in the picturesque Sahyadri mountain ra... Read More


COMEX Copper sees tepid moves, OECD says China's economic growth to ease next year

Mumbai, Sept. 24 -- Copper futures are witnessing tepid moves as market is fixated on demand from China and general unease about global geopolitical scenario. OECD stated in its latest economic outloo... Read More


Larsen & Toubro forms strategic partnership with Bharat Electronics

Mumbai, Sept. 24 -- Larsen & Toubro (L&T) has formed a strategic partnership with Bharat Electronics (BEL) to support Advanced Medium Combat Aircraft (AMCA) programme of the Indian Air Force. The cons... Read More


MCX Morning Wrap: Base metals see lax activity

Mumbai, Sept. 24 -- Base metals saw lax moves on the MCX in morning trades today. MCX benchmark Copper futures eased marginally by 0.03% to trade at Rs 910.05 per kg. MCX Aluminum futures fell 0.15% t... Read More