STRAIT OF HORMUZ
Rupee opens 6 paise down at 69.57 against dollar
The local currency on Thursday slid 16 paise to close at 69.50 against the US dollar.
Rupee snaps 3-day losing streak; spurts 17 paise to 68.80 vs dollar
The rupee had settled at 68.97 against the US dollar on Thursday.
Rupee drops 34 paise to 69.78 against US dollar
Today, USDINR pair is expected quote in the range of 69.20 and 69.90.
How gold, oil, base metals and agri-commodities may fare today
Crude oil traded higher as global oil prices rose more than 1 per cent.
India intensifies talks to check oil prices as US-Iran tensions rise
Indian Navy has deployed warship and aircraft to secure tankers headed to India from the Persian Gulf region.
RIL: Aramco deal more to secure crude supply than deleveraging
The deal, which is expected to be completed during this fiscal, is not driven by the company's move to deleverage debt of over Rs 1.54 trillion.
Indian airlines to avoid Iranian airspace, will re-route flights: DGCA
"All Indian operators in consultation with DGCA have decided to avoid the affected part of Iranian Airspace to ensure safe travel for the passengers. They will re-route flights suitably," the DGCA said.
Nawaz Sharif govt has given "good signals": India
India said the Sharif government in Pakistan has given 'good signals" in normalizing bilateral ties but cautioned against expecting "magic overnight".
Strong Iran quake kills child, causes damage
A strong earthquake of 6.2 magnitude hit southern Iran early today, killing one child and injuring at least 20 others in remote, mountainous villages, state television reported.
India irked as China gets Pakistan's strategic Gwadar port
Pakistan's cabinet formally agreed to hand over the operation of its strategically located Gwadar port to China on Wednesday.
Only Iran-US tensions supporting crude oil prices; outlook bearish
The crude oil market would keep a close watch on developments in the Middle East.
US works out 'range of steps short of war' against Iran: Report
The move by US comes as Israel openly debates whether to strike Iran's nuclear facilities in the coming months.
Saudi Arabia against war with Iran, vows strong response
Last week, several ships, including two Saudi vessels, were sabotaged off the coast of the United Arab Emirates.
Big lenders help 300-pt rebound in Sensex; Yes Bank, Infy key spoilers
Midcaps and smallcaps underperformed benchmark Sensex.
All options on table if Iran goes nuclear: Panetta
In escalating war of words, US Defence Secretary Leon Panetta has warned Iran that "all options" are on the table if Tehran blocks the Straits of Hormuz or if it goes nuclear.
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