Why ONGC, Oil India Are Likely to Come Under Pressure
Shares of ONGC and Oil India are likely to come under pressure from October 1 as natural gas prices in India may fall below $4.2 per mmBtu (million British thermal unit) from $5.18 per mmBtu now according to reports. As per the mechanism approved in October 2014, price of domestically produced... read more »
Hiring activity up 13% in August, says Naukri survey
In what can be seen as a reason for optimism among job seekers, hiring activity has increased 13 per cent in August 2015 against the same month last year, a survey said. According to the Naukri Job Speak Index for August this year, banking and financial services recorded the maximum increase (26... read more »
Gold hovers near three-week high as equities slip
Gold held close to its highest level in nearly three weeks on Monday, boosted by safe-haven demand after the Federal Reserve’s move last week to leave US interest rates unchanged weighed on global equities. Spot gold was steady at $1,138.90 an ounce by 0640 GMT, after gaining 3% in the... read more »
Infosys in Focus on Buzz of Winning Contract for GST Network
Infosys shares edged higher by 0.30 per cent on Monday after reports, citing sources, said the IT major has bagged the contract for building the goods and services tax (GST) network across the country for rolling out of the new indirect tax regime. Reports pegged the value of the contract at Rs... read more »
