#Oil prices retreated on Sept 16 after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia's oil facilities on Saturday that cut more than 5 per cent of global oil supply.
The IIP growth rebounded in July to 4.3 per cent after a fall in June, when it recorded 1.17 per cent, while the retail inflation rose to 3.21 per cent in August, compared with 3.15 per cent in July. Read more: #Market
Orient Electric( @orient_electric ), which has formed a retail partnership with Italy-based small appliances maker De’Longhi Group, also looks to expand premium brands De’Longhi, Kenwood and Braun to tier-II cities besides metro markets.
Natco Pharma has in the pipeline a 20 key `Para IV' products of which some are expected to be launched in due course.
JSW Steel expects to exceed its export target of 2.2 million to 2.4 million tonnes for the fiscal year after having seen the slowdown in the domestic demand, Joint Managing Director Seshagiri Rao said.