Oct 09, 2015 at 09:57 | Source: PTI
The two main crude contracts hit a six-year low during the April-September quarter owing to a fears about an oversupply, China's economic crisis and expectations for a US interest rate rise.
Oct 08, 2015 at 22:17 | Source: Reuters
Lagarde, presenting a Global Policy Agenda at the fund's annual meeting in Peru, said a recovery in the United States was broadly on track and a rise in US interest rates "is approaching" and would tighten global funding conditions.
Oct 08, 2015 at 11:00 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is likely to trade positive as surge in US trade deficit has raised concerns with respect to its economic health and has dented early rate hike expectations.
Oct 07, 2015 at 19:53 | Source: PTI
The rupee today opened higher at 65.29 per dollar as against yesterday's level of 65.41 at the Interbank Foreign Exchange market and firmed up further to close at an 8-week high of 64.95, showing a gain of 46 paise or 0.70 per cent.
Oct 06, 2015 at 13:15 | Source: Moneycontrol.com
According to Angel Commodities, expect gold prices to trade sideways as poor economic data from the US has pushed back expectations of the rate hike while slowdown in China will also raise the safe haven appeal of the yellow metal acting as a positive factor.
Oct 06, 2015 at 08:28 | Source: CNBC-TV18
Micheal Every of Rabobank is fundamentally positive on India. He expects the country to benefit from low commodity prices and from the fact that it is a large consumption driven economy or market. However, he is quick to add that all these factors are already priced in
Oct 05, 2015 at 14:24 | Source: PTI
"Our macro-fundamentals remain strong. We are now better placed to handle unforeseen external shocks and to put India firmly on the path of economic recovery and inclusive prosperity," Finance Secretary Ratan Watal said at a press conference along with other secretaries and the Chief Economic Advisor.
Oct 03, 2015 at 13:12 | Source: CNBC
Softer-than-expected US jobs data and other economic statistics had weighed on oil earlier, along with reduced threats to oil installations in the US East Coast from Hurricane Joaquin.
Oct 03, 2015 at 12:56 | Source: CNBC
Unemployment held at 5.1 percent, according to the Labor Department. A separate member that includes those who are working part-time for economic reasons or have not looked for employment fell to 10.0 percent.
Sep 30, 2015 at 17:51 | Source: PTI
Representing a quarter of the world's population and economic production power, the three countries also agreed to work together to maintain maritime security through greater collaboration while highlighting the growing convergence of their interests in the Indo-Pacific region.