Asian stocks hold gains after China data in volatile trade
The weak data raised expectations of more policy easing in the coming months. A Reuters poll at end-August showed a 80 percent of respondents expected a further cut in the reserve requirement ratio and 70 percent saw a chance of interest rate cuts.
Sep 08, 2015, 10:53 AM IST
Asian stocks sag as China stocks wobble after trading resumes
The index had already dropped earlier in the session following Friday`s Wall Street slide, triggered after the August U.S. jobs report failed to give a clear view on the Federal Reserve`s interest rate hike.
Sep 07, 2015, 09:03 AM IST
Petrobras workers plan indefinite strike
Hit by the scandal, the collapse of international oil prices and the sharp depreciation of the real against the dollar, the government is implementing a plan to divest almost $14 billion by 2016.
Sep 02, 2015, 08:18 AM IST
Oil tumbles 7% as weak China data revives growth fears
Oil prices tumbled 7 percent on Tuesday and Brent futures fell back below $50 a barrel as weak Chinese manufacturing data revived concerns about global demand for petroleum.
Sep 01, 2015, 23:23 PM IST
Hope RBI takes note of low inflation, oil prices: FM Jaitley
In a scenario where inflation is under control, the quantum of interest rate cut is "the prerogative of the RBI", he said.
Aug 31, 2015, 13:23 PM IST
Asian stocks set for worst monthly drop in three years on global rout
Global markets are bracing for Chinese data on Tuesday which is expected to show the world`s second-largest economy is continuing to lose momentum.
Aug 31, 2015, 09:05 AM IST
Govt not to go ahead with OIL stake sale soon
The government had planned to sell 10 percent shares in OIL, the nation's second biggest state-owned oil producer.
Aug 30, 2015, 11:13 AM IST
Oil extends short-covering frenzy to second day, topping $50
World oil prices roared back to $50 a barrel in the second day of a frenetic short-covering rally on Friday, with violence in Yemen, a storm in the Gulf and refinery outages helping extend the biggest two-day rally in six years.
Aug 29, 2015, 03:34 AM IST
Savings on oil will help in funding social security schemes: FM
India, which imports close to 80 percent of its oil needs, spent about USD 124 billion in 2014-15 on shipping oil.
Aug 28, 2015, 22:29 PM IST
'India's oil imports dependence may hit 90% in next 2 decades'
India imports 79 percent of its oil needs, and spent USD 138.3 billion on the same.
Aug 28, 2015, 18:00 PM IST
China jitters, globalization bode ill for Fed's inflation goal
The recent market swoons follow a series of other shocks - crashing oil prices, weakness in Europe, the constant deflation threat in Japan - that have held down inflation globally.
Aug 28, 2015, 10:53 AM IST
US oil jumps more than 10% to $42.56 a barrel
US oil prices surged more than 10 percent Thursday, climbing back above $40 a barrel after strong American economic growth data lifted confidence about the world`s biggest economy and petroleum user.
Aug 28, 2015, 00:53 AM IST
Without Saudi support, talk of OPEC emergency meeting is just noise
Once upon a time, talk of an emergency OPEC meeting would have rippled through oil markets, likely triggering at least a brief rally in prices.
Aug 25, 2015, 23:16 PM IST
Global market turmoil an opportunity to grow: Arun Jaitley
Asserting that the global market turmoil was not a cause of "worry" for India, Finance Minister Arun Jaitley Tuesday said the crisis should be converted into an "opportunity" to grow by speeding up the reforms.
Aug 25, 2015, 20:09 PM IST
BHP Billiton profit dives to 10-year low on commodities rout
BHP Billiton reported its worst underlying profit in a decade on Tuesday, gutted by plunging iron ore, copper, coal and oil prices, and said it would cut spending more deeply to shore up dividends.
Aug 25, 2015, 15:00 PM IST
Oil sinks 4%, hits fresh 6-1/2-year low on China
Oil prices fell more than 4 percent to fresh 6-1/2-year lows on Monday after Chinese stock markets suffered their biggest one-day drop since the global financial crisis, intensifying worries over the outlook for global oil demand.
Aug 24, 2015, 16:30 PM IST
Gulf stocks plummet as oil prices plunge
Stock prices in Gulf states nosedived on Sunday in a massive market sell-off sparked by descending oil prices, with the Saudi and Dubai bourses leading the slide.
Aug 23, 2015, 20:49 PM IST
European stocks slump on China`s economic woes
European stock markets fell on Thursday, weighed down by concerns over the health of China`s economy and sliding oil prices.
Aug 20, 2015, 22:51 PM IST
Five key reasons behind falling oil prices
Here are the 5 key reasons of oil price decline.
Aug 20, 2015, 10:59 AM IST
Oil price hits 6.5-year low, approaches key $40 level
Oil prices slid to a fresh six and a half year low in Asia Thursday, approaching the key USD 40 a barrel level after a surprise rise in US inventories added to concerns of a supply glut.
Aug 20, 2015, 10:03 AM IST
