Sep 29, 2015 at 07:46 | Source: Reuters
Chinese industrial companies' profits fell at their fastest rate in four years, official data showed on Monday, sparking fresh fears about the strength of that country's economy ahead the final reading of China's Caixin Purchasing Managers' Index on Thursday.
Sep 23, 2015 at 07:55 | Source: PTI
It can be noted that after three full years of posting losses, the company posted a profit of Rs 163.54 crore in the June quarter this fiscal.
Sep 21, 2015 at 19:59 | Source: PTI
Jaitley said inflation is "very much under control" and the country is better prepared than most emerging economies to weather the global economic turbulence. "Common sense says the rates should come down," he said
Sep 15, 2015 at 21:58 | Source: PTI
In June, Indias largest private miner Vedanta Ltd had announced it will absorb oil firm Cairn India in a USD 2.3 billion all-share deal to create the countrys largest diversified natural resources firm.
Sep 14, 2015 at 11:45 | Source: PTI
The minister said global financial turmoil was not a problem for the country as the savings on account of declining oil and other commodity prices have helped the government earmark more funds for the infrastructure sector and social sector schemes.
Sep 11, 2015 at 15:33 | Source: Reuters
The IEA, which advises the world's biggest economies on energy policy, said global oil demand was poised to climb to a five-year high this year thanks to lower prices.
Sep 11, 2015 at 15:07 | Source: Reuters
Joining a long list of banks cutting their price forecasts, Goldman Sachs on Friday reduced its 2015 US crude oil forecast to USD 48.10 a barrel, down from USD 52. The bank lowered its 2016 forecast for US crude to USD 45 from USD 57.
Sep 11, 2015 at 14:42 | Source: Reuters
The International Energy Agency (IEA) said a move by the world's big oil exporters in OPEC, led by Saudi Arabia, to defend their market share "regardless of price" appeared to be working. The strategy was driving out costly, inefficient production from other parts of the world, it said.
Sep 11, 2015 at 08:06 | Source: Reuters
The front-month October contract for Brent LCOc1, the global oil benchmark, shed 20 cents to USD 48.69 a barrel as of 0034 GMT after it previously settled up USD 1.31, or 2.8 percent, at USD 48.89 a barrel.
Sep 03, 2015 at 07:52 | Source: PTI
"It is an illusion for members of Congress to think that they can vote this plan down and then turn around and still persuade countries like China, Japan, South Korea, Turkey, India - Iran's major oil customers," Kerry said in yet another passionate plea on Iranian nuclear deal in Philadelphia.