Apr 27, 2015 at 10:20 | Source: Reuters
Red-hot mainland Chinese shares soared, with Shanghai composite index rising 2.1 percent to seven-year highs on hopes of more monetary stimulus and launch of infrastructure projects linked to China's "Modern Silk Road" plan.
Apr 20, 2015 at 08:30 | Source: CNBC
Russia's economy, which grew by just 0.6 percent in 2014, is expected to enter a deep recession this year under the weight of lower oil prices and sanctions, which have compounded the country's underlying structural weaknesses and undermined business and consumer confidence.
Apr 17, 2015 at 15:46 | Source: Reuters
The possibility that Athens might not be able to meet payments to the International Monetary Fund - which could mean default and eventually an exit from the euro zone - has pushed up Greek bond yields but sparked few ripple effects globally.
Apr 17, 2015 at 14:15 | Source: Reuters
The Organization of the Petroleum Exporting Countries (OPEC) said that its March production jumped 810,000 barrels per day (bpd) to 30.79 million bpd, which is equivalent to a third of global supply.
Apr 17, 2015 at 11:43 | Source: PTI
Oil prices retreat on profit-takingPrices rose for the sixth day running yesterday -- with WTI hitting its highest level since December - on news that US shale output, which has contributed to a global supply glut, may be on the cusp of easing.
Apr 17, 2015 at 10:00 | Source: Moneycontrol.com
IT stocks are in deep red dragged by disappointing March quarter results by TCS. The stock is down 4 percent while Wipro slips 2 percent. Other losers are Bajaj Auto, Axis Bank and Hero Moto. Sesa Sterlite, Tata Steel, Hindalco, Reliance and HUL are among major gainers in the Sensex.
Apr 16, 2015 at 10:59 | Source: Moneycontrol.com
Oil prices jumped steeply on Wednesday after US inventories built up more slowly than expected and talks between major oil producers this week triggered speculation of production cuts, although most analysts said these were currently unlikely.
Apr 15, 2015 at 16:02 | Source: CNBC
The IEA's expectation for a "notable acceleration" in demand for oil in 2015 comes as Iran called on fellow Organisation of Petroleum Exporting Countries (OPEC) members to cut production.
Apr 15, 2015 at 14:53 | Source: Reuters
The agency raised its forecast for global oil demand growth in 2015 for a second consecutive month, citing stronger-than-expected pockets of demand in markets such as Europe, India and the United States.
Apr 13, 2015 at 14:52 | Source: PTI
At present, the country has an installed power generation capacity of over 2,50,000 MW from all sources, while the peak power deficit in around 3.6 percent .