The central government on Thursday brought down petrol and diesel prices by Rs 2.50. For the same, the government has asked oil marketing companies (OMCs) to absorb Re. 1 per litre to bring down fuel prices. 

Jindal Steel and Power Limited (JSPL) produced the largest quantity of steel till date of 1.3 million tonnes in Q2FY19, registering a growth of 46 per cent on a YoY basis. The company also posted an exceptional sales performance of 1.27 million tonnes during the period, thereby improving sales figures by 53 per cent on a YoY basis.

Security and Intelligence Services India (SIS) has been awarded a three-year contract valued at around Rs. 300 crore to provide security solutions to 47 facilities of Cognizant Technologies located across India.

People easily get lured by the dividends that they get from mutual funds and hence it has been one of the key USP for mutual funds. But these days it's not a hot selling option. Let's find out why.

In recent times, if you are facing losses in mutual fund investments then you are not the only one. Off-late, many investors gave up their FDs and started investing in mutual funds, but now as mutual funds are incurring losses, many investors are thinking to move back to FDs. So let us find out whether doing so would be a good or bad idea.

Following stocks are close to their 52-week low as at 12.27 p.m. on October 04, 2018.

The markets on October 04, 2018 opened flat. BSE Sensex is trading at 35,182.57, down by 793.06 points and the Nifty is trading at 10,615.40, down by 242.85 points. 

Following the downtrend of Wednesday, the BSE Sensitive Index dipped another 600 plus points on Thursday, fuelled by further fall in the Indian rupee. At 10:39 hours, the BSE Sensex was 35,351.76, down by 623.87 points or 1.73 per cent, while the Nifty50 was at 10,662.65, down by 195.60 points.

L&T's subsidiary, L&T Hydrocarbon Engineering (LTHE) consortium, has been awarded the biggest single subsea contract by ONGC. The awarded is for ONGC's most sought development block, 98/2 in the Krishna Godavari basin.

Overall volumes in futures & options currently stand at 1.24 crore contracts with a turnover of Rs. 11,76,210.85 crore.