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The NIFTY 50 index covers 13 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. As of July 2024, NIFTY 50 gives a weightage of 32.76% to financial services including banking , 13.76% to information technology , 12.12% to oil and gas , 8.46% to consumer goods , and 8.22% to automotive .
During the year 2018-19, the ratio is 75.50 : 24.50 (Dubai : Brent respectively) [2] and during the year 2017-2018, the ratio was 74.77 : 25.23 (Dubai : Brent). The Indian Basket is weighted average of daily prices and is updated daily on the website of the Petroleum Planning and Analysis Cell of the Ministry of Petroleum and Natural Gas. [3]
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
The tender to sell up to 16,460 tonnes of diesel loading from Paradip will close on Nov. 11, with bids to remain valid until the close of the same day. Indian Oil offers first diesel export since ...
Indian Petrochemicals Corporation Limited (IPCL) was a petrochemicals company in India. At the time of its disinvestment to Reliance Industries Limited, its turnover for the financial year 2005-06 had crossed the US $2 billion mark.
In late March last year, as the virus started to spread across India, investors began to worry about the impact a potential pandemic could have on their portfolio firms. Scrambling to steer ...
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The Gulf War in 1990 caused a sharp rise in oil prices and a massive increase to India's imports. During the subsequent 1991 Indian economic crisis , foreign exchange reserves could barely finance three weeks' worth of imports while the government came close to defaulting on its financial obligations.