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According to regulatory disclosures, the ED's complaint is linked to the ongoing investigation into Reliance Home Finance Limited and other associated entities.
A deal has been elusive due to security complexities and the "obstructionist behavior of destructive elements," Iran's Foreign Ministry spokesman Esmail Baghaei told reporters on Monday.
Brent crude rose above $91 a barrel, after settling at its highest level since late July, while West Texas Intermediate traded near $85.
India is set to import a record 620,000 tons of soyoil in August as Russia-Ukraine hostilities disrupt sunflower oil shipments from the Black Sea.
Asian markets traded mixed, while the US stock market ended lower overnight, as prospects of a US-Iran peace deal diminished. Crude oil prices rose and US Treasury yields spiked.
The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,317.50.
Singh told NDTV Profit in an exclusive email interview that the contrasting valuations within the oil and gas space make a case for owning the whole basket rather than picking a side.
Mumbai is forecasted to experience light to moderate rain on August 18 with cloudy skies, according to the India Meteorological Department.
Check out the top stock calls, initiation, upgrades, downgrades, and target price revisions from leading brokerages ahead of today's trade.