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A confidential note adds another twist to India's NBFC crisis

The govt has made serious efforts to address the issue, but India's shadow banking crisis continues unabated.
The Economic Times

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OIL DEMAND

India in talks with Russia on mega deal for long-term import of crude oil

Russian Deputy Chief of Mission Roman Babushkin told PTI that both India and Russia are adopting a "multi-dimensional" approach in boosting cooperation in oil and gas sector in sync with decisions taken by Putin and Modi in their last annual summit in Vladivostok in September.

Oil prices fall on bearish demand forecasts

Brent crude lost 65 cents to $55.14 a barrel by 0930 GMT.

Crude oil futures slide on low demand

West Texas Intermediate crude oil traded 0.12 per cent up at $51.23 per barrel.

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