Brokers urge exchange and Sebi to work out an amicable price, as over 11,000 lots of open interest in the April contract were standing and couldn't be carried forward or squared off yesterday
Tourism and hospitality, auto and aviation could see a demand crunch amid coronavirus; earnings from rupee depreciation to export-driven sectors such as IT and pharma could be limited
The world's third-largest energy consumer is 83 per cent dependent on imports to meet its oil needs and about half its gas needs are shipped from abroad
Electronics, machinery, iron & steel and coal together accounted for just half of India's petroleum import bill in FY14. In FY19, they matched the value of oil imports
India imports over 80 per cent of its crude oil requirements which translates to 157.5 crore barrels annually