CNBC-TV18 catches up with the team from the finance ministry for the first time since the Budget has been presented. Check out the discussion between the expenditure secretary; RS Gujral, finance secretary; R Gopalan, economic affairs secretary and Haleem Khan, disinvestment secretary.
Brent crude rose on Thursday for a fourth day in a row, topping USD 120 a barrel -- a six-month intraday high -- on worries about supply from Iran and from the North Sea, where output was expected to dip next month.
Jim Nicholson, vice president-Asia at Argus Media tells CNBC-TV18 that he is concerned about the issues in Iran impacting crude prices. “The problem in Straits of Hormuz is a matter of worry for the crude market even as global supply concerns in Iran are prevalent,” he says.
There's a lot happening on the commodity front. Sanctions on Iran and uprisings in Egypt is said to have an effect on oil prices while a bettering US economy might diminsh the uptake of gold. Check out what experts have to say on commodity trades for today!
Soozhana Choi, director and head of commodities research- Asia, Deutsche Bank tells CNBC-TV18 that she doesn’t see any major moves in commodities in the next two weeks. She continues to be positive on gold over the long-term. According to her, silver may underperform gold in the near-term.
Praveen Kumar of FACTS Global Energy spoke to CNBC-TV18 about his outlook on crude oil rates post the OPEC meet.
Azlin Ahmad, editor-Crude Oil, Argus Media spoke to CNBC-TV18 about her outlook on the crude oil market going ahead.
Brent crude fell to near USD 111 on Thursday, snapping six days of gains, after trade data from China pointed to slower demand in the world's second-largest oil consumer.
CNBC-TV18 puts together a team of experts to discuss the commodity space and figure out where they are headed.