Key Points
The rupee appreciated by 21 paise to close at 82.58 against the US dollar on Tuesday as suspected RBI intervention bolstered the sentiment amid continued FII outflows and firm crude oil prices...
Oil prices rose for a second day on Wednesday as reports of expanding manufacturing activity in China, the world's biggest crude importer, boosted the outlook for global fuel demand...
Those expectations were further supported by data showing China's factory activity rose for the first time in seven months in February, according to the purchasing manager's index (PMI) published by Caixin/S&P Global on Wednesday...
In a statement, the firm, which is the majority owner of Mumbai-listed mining and oil and gas company Vedanta Ltd, said it is in the advanced stage of finalization to tie up USD 1.75 billion through a combination of syndicate loan and bilateral bank facilities...
Indias economic growth rate slowed to 4.4% in the December quarter as rising interest rates and elevated raw material prices rippled through the economy while global trade languished...
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