Opec says too early for any action on oil after Saudi attacks - Oil surged on Monday to almost $72 a barrel, posting its biggest intra-day percentage gain since the Gulf War in 1991.KKR India picks up 10% in CG Power by enforcing pledge - The scrips were bought at an average price of Rs 14.25 apiece, amounting to a total of Rs 89.31 crore.Trade setup: Nifty to stay muted, avoid aggressive bets for now - The 11,000 level will be key, as it has the highest Put open interest (OI) builtup.Crude oil can top $80; speed of recovery by Saudis will be key - Consumers in both North East Asia and India hold adequate reserves to cover any shortages.Wall Street slides after Saudi attacks; energy stocks surge - The S&P 500 Energy, one of the worst performing sectors this year, soared 3.18%, its best day since Jan. 4.
SENSEX RSS Failed to parse RSS file. (not well-formed (invalid token) at line 73, column 134) India seeks to speed up foreign deals with 'one-stop shop' - The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.Why auctions for power projects don?t work in India - In the last 10 years, India has discovered auctions for itself. All kinds of public resources (such as 3G spectrum) or contracts (such as power purchase agreements, PPAs) are auctioned off. Rupee ends 21 paise lower vs US dollar; snaps 3-day winning run - The rupee snapped its three-day winning spree against the American currency by falling 21 paise to 63.72 on fresh dollar demand from banks and importers in view of a firm dollar in the overseas market.Late surge drives Nifty above 8,350, Sensex ends up 363 points - After consolidating for second straight day, late surge drove market on higher levels. The Sensex was up 363.30 points or 1.3 per cent at 27687.30 while the Nifty ended up 111.30 points or 1 per cent at 8373.65. CNG price to be increased by 45 paise per kg in Delhi, piped cooking gas in NCR - The applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 27.05 per scm, which is being increased from existing Rs 26.55 per scm.