Fri, Nov 15, 2024 2:54 PM
IGL confirms further 20% cut in priority gas allocation
A Flip by Shubhangi Gupta
From the European Union’s carbon tax to the potential rise in protectionism under the new regime in the US, India may rely more and more on quality control orders and anti-dumping duties to boost domestic exports and counter any mishaps on the trade front, according to a government official in the know of the matter.
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Benchmark Brent crude oil prices are expected to hover around $75 per barrel for the next two to three months amid weak demand from the world’s largest oil importer China and potential higher supplies from the US under newly elected President Donald Trump. Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising supply.
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HDB Financial Services shares have seen significant activity in the unlisted market, ahead of its initial public offering (IPO) launch. The HDFC Bank subsidiary filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in October, triggering a sharp rise in the company’s unlisted share prices last month.
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