Indian Rupee slumps 33 paise to close at record low of 74.39
Mumbai, Oct 9 (PTI) The Indian Rupee slumped by 33 paise to finish at a fresh lifetime low of 74.39 against the US dollar Tuesday on high crude oil prices, strengthening of the greenback and unabated foreign fund
Indian Govt reduces excise duty on petrol, diesel by rs 2.5 litre
A day before the Reserve Bank of India’s monetary policy review, the center on Thursday effected a RS 2.50 per litre cut in prices of petrol and diesel in an effort to ease inflationary pressure and boost consumer
OMC, Aviation stocks fall as Oil prices rise
Shares of aviation and oil marketing companies fell after crude oil prices traded near $85 bbl. Jet Airways declined 3%, SpiceJet 4% and InterGlobe Aviation 2.7%. Among OMCs, HPCL fell 2%, BPCL was 2.3% and Indian Oil 1.3%.
OMC, Aviation stocks fall