GRM for the year was at a 9-year high of US$11.6/bbl as against US$11.0/bbl in the previous year. Company’s GRM outperformed Singapore complex margins by US$4.4/bbl.

Global ratings agency Fitch affirmed India’s sovereign rating at BBB with stable outlook citing strong potential in medium to long-term growth. 

RBL Bank posted strong results for Q4FY18, revenue advances and asset quality showed significant improvement. While provisioning remained elevated for the quarter.

Indian auto major Mahindra & Mahindra (M&M) has launched Novo 65 HP and 75 HP tractors series. Mahindra Novo tractors are advanced tractor available in 2WD & 4WD versions.

The company’s consolidated revenue for the quarter came in at Rs. 5,691 crore, registering 5.6 per cent yoy increase.

The total revenue collected under Goods and Services Tax (GST) for the first eight months upto March this year, since its inception, has been Rs. 7.19 lakh crore with an average monthly collection standing at Rs. 89,885 crore, the finance Ministry said in a statement on Friday.

CBI has booked former promoter of Aircel, Managing Director of Indian Bank and Syndicate Bank along with the former CMD of IDBI in connection of a loan fraud.

Gems and jewellery exports plummeted 8.67 per cent in FY18, revealed data released by the Gem and Jewellery Export Promotion Council (GJEPC) of India.

The recent circular from the market regulator SEBI for the categorisation and rationalisation has created a fresh new basket for the equity mutual fund schemes. According to the circular, all open-ended schemes will be classified under broad categories like equity, debt, hybrid, solution-oriented and others 

During Q4FY18, the company sold a total of 4,61,773 vehicle, a growth of 11.4 per cent over the same period of the previous year. Sales in the domestic market stood at 4,27,082 units, a growth of 11.6 per cent.