Business Sentiment Survey

Shoppers are silhouetted as they stand near a sign advertising a sale at a shopping mall in Mumbai February 11, 2013. REUTERS/Vivek Prakash/Files

Asian businesses optimistic; sentiment in India falls

Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows.  Full Article 

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MARKET EYE-Indian shares rise; Oil companies gain

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Picture Gallery

Supporters of Bharatiya Janata Party (BJP) perform folk dance at a rally to celebrate party's 33rd foundation day in Ahmedabad April 6, 2013. REUTERS/Amit Dave/Files

Jump, dive

Straining, celebrating, exercising - people getting their feet off the ground.  Slideshow 

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Fri Dec 28, 2012 9:52am IST 

* The BSE index gains 0.4 percent while the NSE index
 is up 0.5 percent.
* Oil companies were leading the gains after the Economic Times
reported petroleum ministry has proposed a gradual rise in
diesel prices, by 1 rupee a litre every month over a 10-month
period.
* Fuel subsidies in India are borne by the government, marketing
and refining companies, as well as explorers.      
* Hindustan Petroleum Corp Ltd gains 3.2 percent,
Indian Oil Corp Ltd rises 2.6 percent, while Bharat
Petroleum Corp Ltd is up 4.4 percent.
* Oil and Natural Gas Corp shares are up 2.3 percent.

 (manoj.dharra@thomsonreuters.com)
India Markets
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