reliance industries

New Delhi, March 12 Investors' wealth has eroded by ₹23.44 lakh crore since the beginning of the conflict involving the US, Israel, and Iran, which has sent shockwaves through equity markets, dragging the BSE Sensex down by over 6%.The US and Israel launched military strikes on Iran on...

Mumbai, March 12 Benchmark indices Sensex and Nifty traded lower during the afternoon session on Thursday amid soaring crude oil prices due to the worsening crisis in West Asia.Besides, weak global market trends and continued foreign fund outflows also dampened investor sentiment, analysts...

New Delhi, March 11 India's state-owned oil marketing companies – Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited – are facing pressure from rising global crude and gas prices, limited domestic fuel price pass-through, and...

New Delhi, March 11 Indian oil marketing companies (OMCs) and GAIL (India) Limited could face cash flow pressures if disruptions linked to tensions involving Iran persist, particularly if the Strait of Hormuz remains closed or oil prices stay elevated for an extended period, according to Fitch...

Washington/New Delhi, March 11 Billionaire Mukesh Ambani's Reliance Industries will partner in building the first new oil refinery in the US in 50 years, US President Donald Trump said, calling it the "biggest in US history".The new refinery will be located in Brownsville, Texas, and will be...

President Donald Trump has announced a historic $300 billion partnership with India’s Reliance Industries Ltd to establish America First Refining, the first major new oil refinery in the US in 50 years. Trump made the announcement on the social media platform Truth Social, describing the project...

New York/Washington, March 10 US President Donald Trump has said that India’s Reliance Industries will make an investment in a new oil refinery being opened in Texas, thanking the company and "our partners in India" for the deal.Describing it as a "historic USD 300 billion deal", Trump in a...

New Delhi, March 10 Mukesh Ambani's Reliance Industries, a billionaire-owned company, announced on Tuesday that its massive Jamnagar oil refining complex would maximize the production of cooking gas (LPG), while gas extracted from the KG-D6 fields in the Bay of Bengal would be diverted to...

Mumbai, March 10 Stock market benchmark indices Sensex and Nifty ended nearly 1 per cent higher on Tuesday after two days of a massive decline, following a drop in crude oil prices and a recovery in global peers amid indications that the West Asia crisis could soon end.The 30-share BSE Sensex...

Bengaluru, March 10 Karnataka Minister for Large and Medium Industries M B Patil said on Tuesday that the state government is pursuing several new industrial projects in north Karnataka and has initiated talks with multiple companies to create employment opportunities in Vijayapura district and...

Mumbai, March 10 The benchmark equity indices, Sensex and Nifty, rebounded sharply on Tuesday's early trading after two days of a massive decline, following a drop in crude oil prices and a recovery in global markets, amid hopes that the conflict in West Asia could soon conclude.The 30-share...

New Delhi, March 9 Equity investors have lost approximately ₹22.40 lakh crore since the start of the conflict involving the US, Israel, and Iran, which has rattled stock markets, driving down the BSE Sensex by 4.6 per cent.The US and Israel launched military strikes on Iran on February 28...

Mumbai, March 9 The Sensex and Nifty benchmark indices plunged by nearly 2% on Monday as soaring crude oil prices and weak global trends due to the worsening situation in the Middle East triggered a sharp sell-off in the stock market.Besides, the continued exodus of foreign funds and the...

New Delhi, March 8 Indian refiners have begun negotiations to secure additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies in the event of a prolonged conflict in the Middle East, industry officials and analysts said.Refineries, which convert crude oil into...

New Delhi, March 8 The combined market valuation of eight of the top-10 most-valued companies declined by ₹2,81,581.53 crore last week, with State Bank of India experiencing the biggest drop, in line with a weak trend in equities.Last week, the BSE benchmark fell by 2,368.29 points, or 2.91...

Mumbai, March 6 The benchmark indices Sensex and Nifty in the Indian stock market fell by over 1% on Friday after a day of relative calm, as the conflict in the Middle East entered its seventh day, driving up crude oil prices.Weakness in US equities, a subdued trend in European markets, and...

Mumbai, March 5 Benchmark stock indices Sensex and Nifty rebounded on Thursday, closing higher by more than 1 per cent in line with a rebound in global equities after recent sharp losses due to the conflict in West Asia.After a four-day decline, the 30-share BSE Sensex rebounded by 899.71...

Mumbai, March 5 The benchmark stock indices, Sensex and Nifty, rebounded on Thursday, closing higher by more than 1 percent, in line with a recovery in global equities after recent sharp losses due to the conflict in West Asia.The 30-share BSE Sensex, snapping its four-day decline, rebounded...

Mumbai, March 5 The benchmark indices in the Indian stock market, Sensex and Nifty, rebounded in early trading on Thursday, tracking a recovery in global equities, after experiencing heavy losses in the past few trading sessions due to the conflict in West Asia.The 30-share BSE Sensex jumped...

Mumbai, March 2 The benchmark indices in the Indian stock market, Sensex and Nifty, continued to trade with significant losses during the afternoon session on Monday, tracking a sharp increase in crude oil prices amid escalating tensions in the Middle East.The 30-share BSE Sensex fell by...