Markets

Oil eases: Brent crude prices down more than 1% on rising supply, trade war woes

Oil prices dropped more than 1 percent on Tuesday on signs of rising supply and concern that global economic growth and demand for fuel will fall victim to the U.S.-China trade war.

Share market HIGHLIGHTS: Strong rebound on D-Street! Sensex ends 550 pts up, Nifty at 10,387; HDFC up 6%

Stock market HIGHLIGHTS: Sensex and Nifty made a sharp recovery in the afternoon trade deals on Wednesday and closed trade higher after the government highlighted the importance of autonomy of the RB

US dollar holds near 16-month highs, yen down ahead of Bank of Japan meeting

The Fed staying ahead of the curve on its tightening path would be further underscored by expectations the Bank of Japan would leave its easy policy intact when it reviews rates later in the day.

US share market: Wall Street rebounds on strong gains by chip, transport stocks

Major US stock indexes jumped more than 1 percent on Tuesday, helped by strong gains for chip and transport stocks as investors took advantage of cheaper prices following a steep recent pullback for e

Asia stocks crawl up after a merciless October for global equities

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.75%, but it was still on track to fall roughly 11% this month. The index had dropped to its lowest level since February 2017 on Monda

Stocks in news today: Coal India, Dr. Reddy’s Lab, LT, Vedanta, PNB, Bank of Baroda, IL&FS Transportation

The Sensex and Nifty are likely to open in the positive territory on Wednesday tracking strong cues from the global markets. Coal India, Dr. Reddy's Lab, LT, Vedanta, PNB, Bank of Baroda and IL&FS Tra

Replacing Iran’s lost oil supply a boon for supertanker fleet

Higher OPEC oil production and longer voyages are propelling shipowners back to good times.

Coal India stake sale begins today: Price, time, rules, how to buy – All you need to know

Coal India has announced that the government will be selling up to 9% of its stake in the prized public sector company as part of its ambitious disinvestment plan.

Asian stocks mixed; treasury yields hold gains: Markets wrap

Asian stocks traded mixed on the last day of a bruising month after a topsy-turvy U.S. session that eventually saw equities rally.

Sebi bars Gromo Trade, 20 others from securities markets

Among the 18 entities are Jayprakash Dhanraj Bohra, Wakil Rajbhar, Sapna Ramdas Jatwal, Girish Rajkumar Goel, Vijay Mahavir Tibrewal, Chandadevi Agrawal, Vipul Amratlal Doshi and Samskara Sales Agency

April-September quarter: Corp bond issuances fall 38% to rs 2.01 lakh crore

Corporate bond issuances till the end of September in the current financial year have declined nearly 38% year-on-year (y-o-y).

Recovery in natural rubber prices unlikely in 2019 due to demand-supply fundamental

Demand-supply fundamental along with other factors do not favour a recovery in natural rubber (NR) prices during 2019, Jom Jacob, senior economist of Association of Natural Rubber Producing Countries

Coal fetches 102% premium in e-auction, surpassing the earlier highest of 95%

This price discovery is owing to the demand-supply mismatch, although coal production has achieved a double digit growth during the first six months of the fiscal.

Goldman says ‘fear’ is back as gold gains on recession angst

Goldman Sachs Group Inc. says that “fear” has made a comeback and gold is benefiting as stocks slide and investors fret more about the possibility that the U.S. economy may tumble back into recess

PSU banks continue upward surge, Union Bank clocks 9% jump

PSU bank stocks led by Union Bank continued their upward surge as Nifty PSU bank index climbed 3 percent in the intraday trade on Tuesday.

Bitcoin can push global warming above 2 degrees Celsius by 2033, says study

Implementing Bitcoin at similar rates at which other technologies have been incorporated could alone produce enough emissions to raise global temperatures by two degrees Celsius as soon as 2033, accor

Government looking for ways to stabilise FPI inflow, says Economic Affairs Secretary SC Garg

With about USD 11 billion foreign portfolio investments outflow this year, the government is trying to find ways to ensure stability of FPI fund flows into the financial markets, Economic Affairs Secr

India-Japan agreement: How world’s largest currency swap pact may help stabilise rupee

At a time when rupee is witnessing its steepest fall in recent years, India and Japan signed world's largest bilateral currency swap agreement, a move aimed at instilling confidence in foreign exchang

BPCL to shut crude unit, secondary capacity at Kochi refinery in December

India's state-run Bharat Petroleum Corp will shut a 120,000 barrels per day (bpd) crude unit and some secondary units at its Kochi refinery for about three weeks from early December for maintenance, i

US to become key source of global energy supplies, says government official

The United States will become a key source of energy supplies to meet growing demand globally as innovation in technology and financing are expected to boost U.S. oil and gas production in the next de

Tata, Adani Power share prices rise up to 4% after SC allows re-negotiation of power tariffs in Mundra project

Shares of power majors Tata Power and Adani Power gained on Tuesday, after the Supreme Court allowed state-run discoms and power producers move Central Electricity Regulatory Commission to seek amendm

Rupee falls 16 paise to 73.61 against US dollar in early trade

Traders said the US dollar's strength against some currencies overseas and a lower opening in the domestic equity markets also weighed on the local unit.

Petrol, diesel prices today cut for 13th day in a row; petrol at Rs 79.55 a litre in Delhi

Petrol, diesel prices today: The oil marketing companies (OMCs) cut the petrol and diesel prices for the 13th straight day on Tuesday amid softening global crude prices.

Share market HIGHLIGHTS: Sensex closes 176 points down, Nifty below 10,200; RIL tanks 3%, financials plunge

Share market Highlights: Closing the heavily volatile session, the 30-share Sensex shed 176 points on Tuesday, while the broader Nifty ended below the 10,200-level. Sesnex closed 176.2 points lower to

Dollar stands tall as China jitters drive safe-haven trades

The dollar firmed against its rivals on Tuesday, supported by a safe haven bid as rising trade tensions and fears of a slowdown in global economic growth weighed on investors' appetite for risk assets

Asian shares under pressure as US-China trade tensions escalate

Asian shares came under pressure on Tuesday with Chinese markets and the yuan falling, hurt by fresh worries about the intensifying Sino-U.S. trade war and tracking losses in Wall Street indexes.

Wall Street tumbles as US-China trade war heating up, S&P nears correction

U.S. stocks fell on Monday in a volatile session, with the S&P 500 ending just shy of confirming its second correction of 2018.

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