DBT scheme saves Rs 14,672 cr on LPG subsidy in a year: Govt clarifies
Oct 13, 2015 at 09:09 | Source:
New Delhi - A total of Rs 14,672 crore is saved in LPG subsidy in a year as a result of direct benefit transfer, the government said on Monday.An Oil Ministry statement said as on 1 April 2015, there were 18.19 crore registered LPG consumers and 14.8...
Oil slides; Fed bets keep greenback under pressure| Reuters
Oct 13, 2015 at 03:45 | Source:
NEW YORK Crude oil futures tumbled on Monday on profit-taking and a report of higher OPEC production, while pressure lingered on the U.S. dollar as markets priced the possibility that the Federal Reserve would not begin a tightening cycle this year.U...
Asian shares extend October rally; dollar slips| Reuters
Oct 13, 2015 at 01:45 | Source:
HONG KONG Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fuelled by a rebound in commodities while the dollar struggled as hopes of a Fed rate rise this year faded. Europe...
Oil retreats; Fed keeps greenback on the defensive| Reuters
Oct 13, 2015 at 01:30 | Source:
NEW YORK Crude futures tumbled on Monday on profit-taking and a report of higher OPEC production, while pressure lingered on the U.S. dollar as markets priced the possibility that the Federal Reserve would not begin a tightening cycle this year.U.S. ...
Oil drops over 4 pct on profit taking and as OPEC boosts output| Reuters
Oct 13, 2015 at 00:45 | Source:
NEW YORK Oil prices tumbled more than $2 dollars, hitting fresh session lows on Monday, as traders took profits after last week's surge to an 11-week high, and on a report that OPEC continued to boost crude production despite a persistent glut.Benchm...
Oil little changed after choppy trade, WTI ends at 11-week high| Reuters
Oct 10, 2015 at 01:15 | Source:
NEW YORK Oil prices remained little changed in choppy trade on Friday as traders flip-flopped between the negative fundamentals of persistent oversupply and support cushions from a sixth weekly decline in U.S. oil rig counts.U.S. crude CLc1 closed up...
Wall Street little changed in choppy trading; financials weigh| Reuters
Oct 10, 2015 at 00:45 | Source:
Wall Street was little changed in choppy trading on Friday as investor optimism due to fading chances of an interest rate hike this year was offset by a fall in energy and financial stocks.Minutes from the Federal Reserve's September meeting showed p...
Wall Street up; S&P on track for best week in 2015| Reuters
Oct 09, 2015 at 23:30 | Source:
REUTERS - U.S. stocks eked out small gains on Friday, with the S&P 500 on track for its best week since December, as investors bet the Federal Reserve will keep interest rates at near-zero levels this year.Minutes of the Fed's September meeting, ...
Stocks climb after Fed minutes; oil jumps| Reuters
Oct 09, 2015 at 03:30 | Source:
NEW YORK World stock indexes climbed and the dollar dipped on Thursday as minutes from the latest Federal Reserve meeting showed policymakers view low inflation as a hurdle to raising rates.U.S. crude oil prices briefly traded above $50 for the first...
Oil surges to settle at 3-month high on bullish outlook| Reuters
Oct 09, 2015 at 01:45 | Source:
NEW YORK Oil prices climbed to their highest in three months on Thursday after a closely watched oil forecaster predicted prices would climb to $75 over the next two years, adding to early gains notched after a rally in Chinese stocks worries about S...
Wall St rises after release of 'dovish' Fed minutes | Reuters
Oct 09, 2015 at 01:30 | Source:
U.S. stocks gained ground on Thursday after the Federal Reserve released minutes from its September meeting at which the U.S. central bank decided against raising interest rates for now.The minutes showed that the Fed thought the economy was close to...
Stocks edge up after Fed minutes; dollar dips| Reuters
Oct 09, 2015 at 00:45 | Source:
NEW YORK World stock indexes edged higher on Thursday following the release of minutes from the last Federal Reserve meeting, while the dollar extended declines.The minutes from the Sept. 16-17 meeting showed the Fed policymaking committee thought th...
S&P rises slightly after Fed minutes released | Reuters
Oct 09, 2015 at 00:30 | Source:
The S&P 500 and Dow indexes gained slightly and Nasdaq pared losses on Thursday after the Federal Reserve released minutes from its September meeting at which the U.S. central bank decided against raising interest rates for now.The minutes showe...