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Indian Rupee Plummets to Record Low as Dollar Demand Intensifies

The Indian Rupee closed at a historic low on Wednesday, facing pressure from heightened dollar demand from local oil companies and weakness among its Asian counterparts. Closing at 83.4350 against the U.S. dollar, the rupee weakened by 0.06% compared to its ...

Commercial LPG Cylinders Price Reduced, Check Latest Rates Here

The leading state run oil marketing companies have revised commercial LPG prices and decided to leave the domestic cooking gas prices unchanged. After the revision, the price of 19 kg commercial LPG cylinder has come down by 83.50. Now residents living ...

Prabhudas Lilladhar Has Given Buy Call To This Navratna Stock For 18% Gains, Stock Near 52 Week High

A leading brokerage firm, the Prabhudas Lilladhar in its recently published report has given a buy rating to the stocks of Oil India Ltd for 18% gains for a target price of Rs 344/share. At an inflection point- as major oil ...

Investor’s Outlook Changes In Oil Stocks Reason – Surge In Prices

The markets ended with negative points yesterday, with Sensex down by 300.82 points and stood at 34,848.30 and Nifty was down by 86.30 points to settle at 10,596.40 before markets closed for the day. The volatile situation which is currently ...

Shares Of OMCs Tumble 6-7% After Govt’s Likely Price Absorption Diktat

Shares of oil marketing companies tumbled in intra-day trade on Wednesday on a possible price hike absorption request by the government. As part of the diktat, these companies may be asked to absorb a hike of Rs.1 per litre to pass ...