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GAIL buys LNG cargo for $6.65 per mmBtu
State-run gas utility GAIL India has bought an LNG cargo for $6.65 per mmBtu, about $2 million more than the rate at which Petronet LNG imported a shipload just two days later.

OECD unemployment rate climbs to 8.8% in Oct
The jobless rate in the Organisation for Economic Co-operation and Development (OECD) region -- a grouping of developed and developing nations -- rose marginally to 9.8 per cent in October, indicating that the labour market is yet to shrug off recession blues.

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Bull run
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Markets rebound after a soft start

The markets have firmed up after a soft start this morning. The Sensex opened a point lower at 17,118, and soon touched a low of 17,089 owing to weak cues from the global markets. The markets however have rebounded into the positive zone owing to fresh buying interest. PSU stocks owing to the divestment buzz are in limelight. Auto stocks and capital goods stocks also have moved up.


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