Spot gold was up 0.1% at $1,915.39 per ounce, but it was still trading near a three-month low. American gold futures were stable at $1,925.10.
Dwivedi has been prohibited by SEBI from assuming any directorial role.
News reports claim that the conversations have progressed and that the loan will likely be approved soon.
Petrol and Diesel prices in cities across India on 23-06-2023
According to the sources, the floor price for the stake sale will be at a 0-5% discount.
To analysts of IIFL Capital Services, VGF route would be more effective as in case of pipeline projects.
The danger that higher rates will cause an economic slump has caused some investors to seek safe-haven assets like the U.S. dollar, even though higher rates are normally supportive of currencies.
The consideration for said transaction is ~Rs 337 crore.
While U.S. West Texas Intermediate (WTI) crude futures were down 11 cents, or 0.2%, at $69.40, Brent futures were down 7 cents, or 0.1%, to $74.07 per barrel.
This connection has enabled ONGC to save approximately $43,000 per day in transportation costs that were previously incurred in shipping crude oil.

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