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Reliance sees strong refining margins backed by solid demand

MUMBAI India's oil-to-telecoms conglomerate Reliance Industries Ltd reported quarterly results on Thursday that were in-line with expectations, and said it expects refining margins to remain strong, driven by rising fuel demand.

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ECB leaves door open to more stimulus, points to Dec meeting

FRANKFURT The European Central Bank left ultra-loose monetary policy unchanged on Thursday but kept the door open to more stimulus in December, firmly shooting down any talk of tapering its 1.7 trillion euro asset-buying programme. | Video

Economy 20 Oct 2016

India's October gold imports to hit 9-month high on festive demand

MUMBAI India's overseas purchases of gold likely hit a nine-month high in October, as a flip in domestic prices to a premium prompted banks and refiners to resume imports ahead of the festival season, industry officials told Reuters.

Top News 20 Oct 2016

Nissan takes controlling stake in Mitsubishi, pledges support for turnaround

TOKYO Nissan Motor Co Ltd said on Thursday it had completed a deal to take a controlling stake in Mitsubishi Motors Corp, and would be retaining the embattled automaker's chief executive in a bid to help it recover from a mileage cheating scandal.

Tech, 20 Oct 2016

New Look seeks fashion edge in China with local designs

BERLIN/HONG KONG As Europe's fashion giants brace for what could be the toughest leg of their expansion in China, a South African retail tycoon has launched a bold assault on the world’s most populous nation.

4:44am IST

Wall St dips as telecoms slump; AmEx surges

NEW YORK U.S. stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings, with a sharp drop in telecoms offset by gains in healthcare.

3:08am IST


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Sensex 28,129.84 + 145.47 +0.52%
Nikkei 16,860.09 -39.01 -0.23%
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Oil 50.61 -0.02 -0.04%
Corn 351.25 +0.25 +0.07%

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