Europe woes and US rate hike prospects depress stocks, boost dollar
Taking a lead from Wall Street`s slide, MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent with Australian and South Korean shares suffering losses. Tokyo`s Nikkei shed 0.3 percent.
May 27, 2015, 08:27 AM IST
Rupee plunges to 64-level vs US dollar
The rupee reacted downwards against the pound sterling to 98.58 from 98.36 previously and dropped against the euro to 69.87 from 69.77.
May 26, 2015, 18:47 PM IST
Asian shares slip, dollar stands tall
European shares marked a weak finish in thin trade on Monday, with many markets in the region closed for holidays. U.S. markets were also closed for Memorial Day.
May 26, 2015, 08:19 AM IST
Oil prices slip in Asian trade
Now, the rally seems to have fizzled out probably due to profit-taking as the market re-adjusts.
May 22, 2015, 10:13 AM IST
Oil prices rise on strong Japan, Australia economic data
Brent futures were up 60 cents at $64.62 a barrel by 0310 GMT. U.S. crude prices were also up 60 cents at $58.59 a barrel.
May 20, 2015, 10:54 AM IST
US crude rebounds towards $59 on crude stocks data
US crude futures rose on Wednesday after a more than three percent slide in the previous session, supported by a larger than expected drop in crude inventories, although a firmer dollar capped gains.
May 20, 2015, 08:48 AM IST
Rupee bounces back by 5 paise vs dollar to 63.67
It moved in a range of 63.54 and 63.81 per dollar during the day.
May 19, 2015, 18:09 PM IST
Oil prices mixed in Asian trade
Global oversupply with weak demand, continue to put a cap on prices despite geopolitical unrest.
May 19, 2015, 11:06 AM IST
Oil prices higher on Middle East unrest
Oil prices rose on Monday as fresh tensions in Yemen and Iraq raised concerns about a supply disruption in the crude-rich Middle East, analysts said.
May 18, 2015, 19:16 PM IST
Oil up 3% in largest gain in three weeks; volatility threatens
Oil rose 3 percent on Tuesday, the most in three weeks, as a weak dollar lifted commodities denominated in the currency and OPEC raised slightly its forecast for world oil demand growth.
May 13, 2015, 08:44 AM IST
India sees stable growth momentum, says OECD
In 2015-16, Gross Domestic Product (GDP) growth is pegged at 8-8.5 percent.
May 12, 2015, 20:24 PM IST
Oil prices retreat on strong dollar
The rebounding greenback makes dollar-priced oil more expensive.
May 11, 2015, 17:05 PM IST
Oil prices tread water in Asian trade
US benchmark West Texas Intermediate for June delivery eased eight cents to USD 59.31 while Brent crude for June rose two cents to USD 65.41 in late-morning trade.
May 11, 2015, 09:25 AM IST
'Global slowdown, steep fall in oil prices impacted exports'
The country's exports dipped by 1.2 percent to USD 310.5 billion in 2014-15.
May 08, 2015, 15:26 PM IST
Govt needs to reduce oil companies' burden over low margins: Fitch
Lower oil prices have reduced net margins of two state-owned upstream companies, Oil India Ltd and ONGC Ltd and the government needs to reduce the burden on them, credit rating agency Fitch said Friday.
May 08, 2015, 12:22 PM IST
Oil prices mixed in Asian trade
WTI tumbled $1.99 in New York and Brent closed down $2.23 in London
May 08, 2015, 09:56 AM IST
Oil prices down in Asian trade
Prices have come off because markets had been anticipating that US production numbers would have come down lower.
May 07, 2015, 09:24 AM IST
Asian slides, euro at two-month peak as global bond rout rattles markets
MSCI`s broadest index of Asia-Pacific shares outside Japan fell 1.1 percent as China, Hong Kong, Australian, South Korean and Malaysian shares retreated.
May 07, 2015, 08:25 AM IST
Oil hits 2015 highs as Libya output slows, Saudis raise prices
New York: Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices.
May 06, 2015, 01:51 AM IST
GDP to grow at 8.1-8.5% in FY16: Govt
Benign oil prices, likely monetary policy easing and government reform initiatives will help the Indian economy to grow at 8.1-8.5 percent in the current fiscal, Parliament was informed Tuesday.
May 05, 2015, 17:54 PM IST
