Indian benchmark indices are likely to open with losses, signaled SGX Nifty on Thursday. Nifty futures traded lower at 18,050 level on the Singapore Exchange. In the previous session, BSE Sensex fell 17 points to 60,910, while NSE Nifty 50 dropped 9 points to 18,015. “Market wavered between gains and losses with investors taking their […]
Reliance Industries’ share price gained 0.5% to Rs 2,604 as RIL’s retail arm Reliance Retail Ventures Limited (RRVL) to acquire a 100% stake in Metro Cash and Carry for Rs 2,850 crore. The move will help the Mukesh Ambani-led giant to strengthen their position in India’s retail sector. The news comes days after the conglomerate’s […]
India’s February palm oil imports dropped 30 per cent from January to their lowest in 8 months as refiners preferred to lower their stocks as inventories piled up following excessive imports during October-January, five dealers told Reuters on Thursday. The reduction in palm oil imports by India, the world’s biggest importer of vegetable oils, could […]
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