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Silver lining for OMCs: Low crude oil prices signal structural gains

The sustained softness in crude oil prices bode well for these companies, as it will lead to a rise in their marketing margins, decline in working capital requirements, and zero risks of subsidy burde
Markets

Silver lining for OMCs: Low crude oil prices signal structural gains

The sustained softness in crude oil prices bode well for these companies, as it will lead to a rise in their marketing margins, decline in working capital requirements, and zero risks of subsidy burde

Big Story | India’s finances under strain on Day 2 of FY21

In this edition of Big Story, Moneycontrol#39;s Sakshi Batra#39;s sheds more details on the current financial situation and revenue sources.
Moneycontrol Business News

Big Story | India’s finances under strain on Day 2 of FY21

In this edition of Big Story, Moneycontrol#39;s Sakshi Batra#39;s sheds more details on the current financial situation and revenue sources.

Saudi Arabia seeks urgent OPEC meeting to stabilise oil market

«The kingdom calls for an urgent meeting of OPEC and a group of other countries with the aim to try and reach a fair deal to restore balance to the oil market,» said a statement carried by the Saudi Press Agency.
Moneycontrol Business News

Saudi Arabia seeks urgent OPEC meeting to stabilise oil market

«The kingdom calls for an urgent meeting of OPEC and a group of other countries with the aim to try and reach a fair deal to restore balance to the oil market,» said a statement carried by the Saudi Press Agency.

Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout

Boeing, which calls itself America#39;s largest exporter, has some 150,000 employees worldwide, nearly half of whom are clustered around marquee factories in Seattle#39;s Puget Sound region.
Moneycontrol Business News

Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout

Boeing, which calls itself America#39;s largest exporter, has some 150,000 employees worldwide, nearly half of whom are clustered around marquee factories in Seattle#39;s Puget Sound region.

Coronavirus pandemic | Food delivery platforms roll out measures to support the needy

Swiggy and Zomato chip in to feed the hungry and support restaurant cooks and servers that are out of a job due to the lockdown
Moneycontrol Business News

Coronavirus pandemic | Food delivery platforms roll out measures to support the needy

Swiggy and Zomato chip in to feed the hungry and support restaurant cooks and servers that are out of a job due to the lockdown

Railways transports over 7,195 wagons of foodgrains, 64,567 wagons of coal in three days

On March 30, a total of 37,526 wagons were loaded, of which 25,617 wagons were loaded with essential commodities.
Moneycontrol Business News

Railways transports over 7,195 wagons of foodgrains, 64,567 wagons of coal in three days

On March 30, a total of 37,526 wagons were loaded, of which 25,617 wagons were loaded with essential commodities.

Domestic air passenger traffic in India grew by 8.4% in February: IATA

The IATA, which represents around 300 airlines accounting for 82 percent of the global air traffic, measures passenger growth in terms of RPKs, which is calculated by multiplying the number of passengers with the distance travelled by them.
Moneycontrol Business News

Domestic air passenger traffic in India grew by 8.4% in February: IATA

The IATA, which represents around 300 airlines accounting for 82 percent of the global air traffic, measures passenger growth in terms of RPKs, which is calculated by multiplying the number of passengers with the distance travelled by them.

Lockdown an opportunity for resetting agenda in financial market reforms: Mark Matthews, Julius Baer

The real economic problem of India, according to him, is that the country#39;s financial system continues to be weighed down by issues like under capitalisation of state-owned banks as well as the «lending scandals» in the private banks and non-ba
Moneycontrol Business News

Lockdown an opportunity for resetting agenda in financial market reforms: Mark Matthews, Julius Baer

The real economic problem of India, according to him, is that the country#39;s financial system continues to be weighed down by issues like under capitalisation of state-owned banks as well as the «lending scandals» in the private banks and non-banking financial companies (NBFCs).

Tesla Model Y meets Sandy Munro, the king of lean auto manufacturing - Roadshow

Munro is pleased with the Model Y, but he says Tesla still has some work to do to build a perfect car.
CNET News

Tesla Model Y meets Sandy Munro, the king of lean auto manufacturing - Roadshow

Munro is pleased with the Model Y, but he says Tesla still has some work to do to build a perfect car.

All the livestream concerts you can watch during the coronavirus shutdown (April 2) - CNET

Stream live concerts of your favorite bands and musicians like Miley Cyrus, Diplo, Melissa Etheridge, Questlove and more. #couchtour
CNET News

All the livestream concerts you can watch during the coronavirus shutdown (April 2) - CNET

Stream live concerts of your favorite bands and musicians like Miley Cyrus, Diplo, Melissa Etheridge, Questlove and more. #couchtour

Facebook Messenger launches a new desktop app so you can video chat on a bigger screen - CNET

The social network says more people are using their desktop browser for audio and video calling on Messenger.
CNET News

Facebook Messenger launches a new desktop app so you can video chat on a bigger screen - CNET

The social network says more people are using their desktop browser for audio and video calling on Messenger.

Covid-19: Supply of pulses to ease soon as Nafed ties up with dal mills

Nafed will supply the mills whole grains for processing and will get the processed dal for the government's planned distribution under PDS
Markets

Covid-19: Supply of pulses to ease soon as Nafed ties up with dal mills

Nafed will supply the mills whole grains for processing and will get the processed dal for the government's planned distribution under PDS

Reliance Industries to raise Rs 25,000cr via NCDs

The company in a regulatory filing said the company board of directors approved «the proposal for raising of funds through the issuance of non-convertible debentures (NCDs) up to Rs 25,000 crore in tranches from time to time, on a private placement basi
Moneycontrol Business News

Reliance Industries to raise Rs 25,000cr via NCDs

The company in a regulatory filing said the company board of directors approved «the proposal for raising of funds through the issuance of non-convertible debentures (NCDs) up to Rs 25,000 crore in tranches from time to time, on a private placement basis.»

Brent physical oil benchmark at record $10 discount to futures

Physical crude cargoes trade at premiums or discounts to dated Brent. With the coronavirus-driven lockdowns around the world killing refining demand, these differentials to the benchmark have crashed to unprecedented levels.
Moneycontrol Business News

Brent physical oil benchmark at record $10 discount to futures

Physical crude cargoes trade at premiums or discounts to dated Brent. With the coronavirus-driven lockdowns around the world killing refining demand, these differentials to the benchmark have crashed to unprecedented levels.

Aurobindo Pharma, Sandoz Inc call off $900 million deal

Aurobindo Pharma on Thursday said the USD 900 million deal to acquire Sandoz Inc#39;s US-based generic oral solids and dermatology businesses has been mutually called off.
Moneycontrol Business News

Aurobindo Pharma, Sandoz Inc call off $900 million deal

Aurobindo Pharma on Thursday said the USD 900 million deal to acquire Sandoz Inc#39;s US-based generic oral solids and dermatology businesses has been mutually called off.

British Airways could suspend 36,000 employees: Report

The airline has reached a broad deal with Unite union that will include suspension of jobs of 80 percent of BA#39;s cabin crew, ground staff, engineers and those working at head office, the news agency reported, adding that no staff were expected to be made r
Moneycontrol Business News

British Airways could suspend 36,000 employees: Report

The airline has reached a broad deal with Unite union that will include suspension of jobs of 80 percent of BA#39;s cabin crew, ground staff, engineers and those working at head office, the news agency reported, adding that no staff were expected to be made redundant.

Wall Street stocks drop on disastrous US unemployment data

US stocks fell on Thursday after a government report that the number of Americans filing for unemployment insurance has skyrocketed to more than 6.6 million new claims. Read Full Article at RT.com
RT Business

Wall Street stocks drop on disastrous US unemployment data

US stocks fell on Thursday after a government report that the number of Americans filing for unemployment insurance has skyrocketed to more than 6.6 million new claims. Read Full Article at RT.com

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