* State gas transmission firm GAIL (India) Ltd, which on Wednesday got spot liquefied natural gas cargo in western India, plans to import more such parcels this year.
* Tata Motor's Nano, the world's cheapest car, which comes with a 600-cc petrol engine, is reportedly set to roll out in a diesel avatar apart from new petrol variants.
* The government reportedly plans to advance the Rs 8000 crore follow-on public offer of steel major Steel Authority of India (SAIL) by a month to gain from robust market conditions. Jindal Steel & Power will reportedly bid for Zimbabwe Iron and Steel Co a second time after the African country's government turned down its first offer.
* The rupee scaled fresh four-month highs on Wednesday morning boosted by broad losses in the dollar after the Federal Reserve signalled it was open to more easing and on the back of early gains in local shares.
* India's 10-year bonds advanced for a third day on speculation the central bank will hold off from raising interest rates to gauge the effect of the five increases already implemented this year.
* Euro zone industrial new orders fell more than twice as much as expected month-on-month in July, data showed on Wednesday.
* The United Arab Emirates has a unique system of concessions that allows foreign operators equity stakes in the OPEC producer's oil and gas fields.
* The dollar slid to the lowest in almost five months versus the euro on speculation the Federal Reserve's willingness to ease monetary policy further will damp demand for U.S. assets.
* Oil rose in New York before a report forecast to show U.S. crude supplies dropped last week.
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