Dec 19, 2014 at 12:25 | Source: CNBC-TV18
Willem Buiter of Citigroup believes India is back on the reforms path, he adds: "India did better in 2014 than 2013 and I expect that this momentum will be maintained. We've got very sound monetary and exchange rate management. We've got better fiscal management than we had."
Dec 19, 2014 at 08:24 | Source: CNBC
Asian equities put up an upbeat performance on the final trading day of the week, following an inspiring US lead overnight.
Dec 19, 2014 at 07:58 | Source: Reuters
Brent had ended Thursday $1.37 lighter at $59.81 a barrel, while U.S. crude was hovering around $54.88 after losing more than $2
Dec 17, 2014 at 21:37 | Source: CNBC
The Fed's latest meeting comes amid plunging oil prices, which are likely to impact the US's closely-watched inflation figures looking ahead.
Dec 17, 2014 at 15:41 | Source: CNBC-TV18
Wilbur Ross believes that may be the Russian Central Bank went too far with the rate increase, which in effect communicated to traders a real sense of panic on the part of the Central Bank, thus rendering the move less effective than perhaps a moderate increase in rates would have been.
Dec 16, 2014 at 17:34 | Source: Moneycontrol.com
The recent strength in the US dollar and the dramatic fall in crude oil prices have brought in focus the potential impact they could have on the global economy.
Dec 16, 2014 at 16:18 | Source: CNBC-TV18
According to Jahangir Aziz, chief economist, JPMorgan low crude prices would be a massive positive for Indian current account deficit, even if it were to trade at USD 80/barrel.
Dec 16, 2014 at 15:20 | Source: Moneycontrol.com
Low crude prices will help oil marketing companies reduce underrecoveries on sale of subsidised kerosene and LPG gas. These companies have already been earning income on petrol and diesel as Brent crude fell nearly 48 percent from June when the price was USD 115 a barrel.
Dec 16, 2014 at 14:00 | Source: Reuters
Brent crude oil prices fell over USD 1 per barrel and below USD 60 for the first time since July 2009 in early European trading on Tuesday as Chinese factory activity slowed and stumbling emerging market currencies dented demand expectations.
Dec 16, 2014 at 08:03 | Source: CNBC
US crude futures were trading on Tuesday below USD 56 a barrel and near a 5-year low hit in the prior session, dropping for a fifth session after the UAE oil minister said there was no need for an emergency OPEC meeting to support prices.
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