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World T20: Please stop the comparisons, Virat Kohli is great but he is no Sachin Tendulkar

Mar 23, 2016 at 16:24 | Source: FirstPost

This business of comparisons is odious. It essentially means bringing someone big down to make someone else look bigger. It also means taking the context and common sense out of the process of evaluation to make it a crude match of numbers. How do yo...

Forget dwindling exports, FDI to rise in FY17 on signs of improving economy, says India Ratings

Mar 23, 2016 at 15:15 | Source: FirstPost

Even as India continues to face the heat of dwindling merchandise exports month after month amid sluggish global economic activity, foreign fund inflows via portfolio and direct investment in the country rebounded in the last quarter.After moderating...

Oil futures fall after latest stockpile build| Reuters

Mar 23, 2016 at 07:30 | Source: FirstPost

TOKYO Oil prices fell in early Asian trading on Wednesday after figures from an industry group showed U.S. stockpiles had risen more than expected.The front-month contract in U.S. crude futures CLc1 was down 36 cents at $41.09 a barrel by 0047 GMT. I...

Mounting debts could derail China plans to cut steel, coal glut | Reuters

Mar 23, 2016 at 05:45 | Source: FirstPost

BEIJING China's campaign to slim down its bloated industries could be derailed by more than $1.5 trillion of debt in its steel, coal, cement and non-ferrous metal sectors, which threatens to overwhelm local banks.Tackling industrial overcapacity has ...

Brent ends steady; U.S. crude extends losses on stockpile build| Reuters

Mar 23, 2016 at 03:45 | Source: FirstPost

NEW YORK Brent oil prices settled steady on Tuesday after the deadly blasts in Brussels while U.S. crude futures fell, then extended losses in post-settlement trade on industry data showing bigger than expected builds in domestic inventory.Oil prices...

Global stocks recover from early selloff; safe-haven assets ease| Reuters

Mar 23, 2016 at 02:15 | Source: FirstPost

NEW York Global equity markets were little changed, regrouping from early losses while safe-haven gold and government bonds eased from higher levels on Tuesday following attacks on the airport and a rush-hour metro train in Brussels.Islamic State cla...

Oil ends steady after Brussels attacks; awaits U.S. inventory data| Reuters

Mar 23, 2016 at 01:45 | Source: FirstPost

NEW YORK U.S. crude retreated from the year's high as oil prices settled steady to a shade firmer on Tuesday after deadly blasts in Brussels, taking their lead from a Wall Street rebound ahead of oil inventory data.Global equity markets reversed loss...

Stocks dip, safe-haven assets climb after Brussels attacks| Reuters

Mar 22, 2016 at 23:15 | Source: FirstPost

NEW York Global equity markets fell on Tuesday while safe-haven gold and government bonds were in demand after attacks on the airport and a rush-hour metro train in Brussels triggered security alerts across western Europe.At least 30 people were kill...

#Explained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?

Mar 22, 2016 at 12:20 | Source: FirstPost

By Rajesh Pandathil & Kishor KadamThere is a nagging suspicion among the public that they are not getting the full benefit of the crude price decline. A look at the numbers tells us it may indeed be true.The price of the Indian basket of crud...

Explained: If crude prices are at 2004 levels, why are we paying double the price for petrol, diesel?

Mar 22, 2016 at 07:28 | Source: FirstPost

By Rajesh Pandathil & Kishor KadamThere is a nagging suspicion among the public that they are not getting the full benefit of the crude price decline. A look at the numbers tells us it may indeed be true.The price of the Indian basket of crud...

Oil up on Cushing crude drawdown; eyes on U.S. output| Reuters

Mar 22, 2016 at 02:45 | Source: FirstPost

NEW YORK Oil prices rose about 1 percent on Monday after data showed crude inventories at the Cushing, Oklahoma delivery hub for U.S. futures fell for the first time since January, and ahead of the expiration of the U.S. front-month contract.Oil's u...

Global stocks dip, dollar strengthens on Fed talk| Reuters

Mar 22, 2016 at 02:15 | Source: FirstPost

NEW YORK Global equity markets edged lower on Monday as the dollar strengthened and U.S. Treasury yields rose on hawkish commentary from several Federal Reserve officials. Richmond Fed President Jeffrey Lacker said U.S. inflation is likely to accel...

Global stocks edge up as Fed outlook, China gains, trump oil slip| Reuters

Mar 22, 2016 at 01:45 | Source: FirstPost

LONDON Shares edged up in Europe and Asia on Monday, shrugging off a retreat in oil on concerns over excess supply, as gains in Chinese shares and a benign U.S. interest rate outlook brightened the mood. The dollar edged up after falling for three su...

Wall Street flat as Fed still dominates investor sentiment| Reuters

Mar 22, 2016 at 01:15 | Source: FirstPost

New York Wall Street traded flat on Monday as investors searched for fresh catalysts and grappled with mixed feelings about the U.S. Federal Reserve's dovish move last week that pushed the S&P 500 and Dow into positive territory for the year. U.S...

Oil Minister Pradhan to visit Iran on 6-7 April, days after PM Modi's Saudi visit

Mar 21, 2016 at 17:22 | Source: FirstPost

New Delhi: In a fine balancing act, India will be sending Oil Minister Dharmendra Pradhan to Iran early next month, days after Prime Minister Narendra Modi's visit to the Middle East nation's rival Saudi Arabia.Pradhan is likely to visit Tehran on 6-...

As Iraqi civilian rule weakens, Shiite clerics call the shots| Reuters

Mar 20, 2016 at 23:45 | Source: FirstPost

BAGHDAD With Iraq's politicians tainted by corruption and the army's standing hurt by battlefield defeats, two Shi'ite clerics have re-emerged as leaders in matters of state. In their different ways, Grand Ayatollah Ali al-Sistani and Hojatoleslam Mo...

In defence of excise duty hikes on fuels: It's fine if they are part of a larger plan

Mar 19, 2016 at 12:20 | Source: FirstPost

The government is being slammed for Wednesdays increase in the retail price of diesel and petrol. If youre wondering why the government should face the flak, since the prices of both have been deregulated and are no longer subject to its diktat, ther...

Oil retraces gains after 2016 highs; weekly rise still holds| Reuters

Mar 19, 2016 at 01:30 | Source: FirstPost

NEW YORK Oil prices were in steady in volatile trading on Friday after hitting 2016 peaks, but were on track to multi-week gains on expectations of a production freeze by major exporters and stronger U.S. fuel demand.Strength in world equity markets,...

India in driver's seat as fuel demand roars at fastest rate ever

Mar 18, 2016 at 11:29 | Source: FirstPost

Three hours east of New Delhi, in the village of Piplera, recently married Abhilekh Swami has stopped to refuel his first automobile, a Hyundai hatchback, at an Indian Oil filling station.Late model SUVs and Mercedes also ply the potholed roads and d...

Wall Street gains as commodities rally, dollar plunges | Reuters

Mar 18, 2016 at 01:45 | Source: FirstPost

The S&P 500 and the Dow Jones industrial average turned positive for the year on Thursday, a day after the U.S. Federal Reserve signalled fewer interest rate hikes for the year. The Fed's dovish stance weighed on the U.S. dollar, which catapulted...

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