|Bid||0.00 x 0|
|Ask||444.75 x 0|
|Day's Range||442.80 - 456.20|
|52 Week Range||300.75 - 479.35|
|PE Ratio (TTM)||22.34|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
MUMBAI/BENGALURU, Nov 17 (Reuters) - Moody's Investors Service upgraded India's sovereign credit rating for the first time in nearly 14 years on Friday, saying continued progress on economic and institutional reforms would boost the country's growth potential. The agency said it was lifting India's rating to Baa2 from Baa3 and changed its rating outlook to stable from positive as risks to India's credit profile were broadly balanced. The upgrade, Moody's first of India since January 2004, moves the rating to the second-lowest investment grade, one notch higher than Standard & Poor's and Fitch, which have kept India just above "junk" status for a decade and more.
Earnings-driven gains on Wall Street pushed emerging stock markets higher on Friday, with Indian assets racing ahead following a ratings upgrade. MSCI's emerging markets index rose 0.6 percent thanks to ...
LONDON/SINGAPORE, Sept 29 (Reuters) - Unexpectedly strong demand from China, along with rising oil and coal prices, should keep Asian liquefied natural gas (LNG) spot levels buoyant this winter. Despite rising supplies from new plants, spot prices (LNG-AS) have risen by 55 percent from their 2017 lows to $8.40 per million British thermal units (mmBtu) as Asian buyers also refilled summer stocks. With the peak demand October-March winter gas season almost underway, further price gains are expected.
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India might increase imports of liquefied natural gas (LNG) from the United States at the right price, the oil minister said on Monday, even though some buyers in the South Asian country are trying to get rid of costly U.S. supplies. India's state-run company GAIL Ltd signed a swap deal with trader Gunvor to sell some of its U.S. LNG as the firm tries to cut costs for price-sensitive customers after a sharp fall in Asian spot prices made its U.S. gas unattractive, according to sources. GAIL has contracted for most of the capacity from one of Sabine Pass' liquefaction trains in the U.S. Gulf Coast, with deliveries expected to start in late 2017.
State-run gas company GAIL (India) Ltd has signed a time-swap deal with Swiss trader Gunvor to sell some of its U.S. liquefied natural gas (LNG), sources said, as the Indian firm tries to ease the burden of its costly foreign LNG supplies. It is the first time-swap agreement by GAIL, which is trying to juggle its LNG portfolio to cut costs for price-sensitive Indian customers after a sharp fall in Asian spot prices made its U.S. gas unattractive.