scorecardresearch
Sunday, May 19, 2024
HomeEconomy

Economy

India’s Petronet to sign LNG deal with Qatar for supplies beyond 2028 -sources

QUITOL, India (Reuters) - India's Petronet LNG will be signing on Tuesday a deal with Qatar for 7.5 million metric tons per year of LNG supplies beyond 2028, industry sources said. India wants to

Asia stocks inch higher as China rebounds, dollar firm

By Rae Wee SINGAPORE (Reuters) - Asian shares edged up on Tuesday thanks to a bounce in battered Chinese markets, although investors were cautious after a slide on Wall Street amid diminishing

Dollar firms near 3-month high as rate cut bets dwindle

By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar was perched near a three-month peak on Tuesday, buoyed by elevated Treasury yields, on growing expectations that the Federal Reserve is unlikely

Oil prices mostly flat as Blinken’s Middle East visit assessed

By Stephanie Kelly (Reuters) - Oil prices were little moved in early trading on Tuesday, as market participants assessed a visit to the Middle East by U.S. Secretary of State Antony Blinken to discuss

Oil rises nearly 1% as traders assess worsening geopolitical situation

By Shariq Khan NEW YORK (Reuters) -Oil prices rose about a dollar a barrel on Monday on concerns that tensions in the Middle East and Russia's ongoing invasion of Ukraine could curb global supplies.

Equities fall, yields jump after data and Powell comments

By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Shares on Wall Street and in Europe fell on Monday and government bond yields jumped as traders amended their expectations of a

Gold hits more than one-week low as dollar strengthens, yields rise

By Anushree Ashish Mukherjee (Reuters) - Gold dropped to more than a one-week low on Monday, weighed down by a higher dollar and bond yields after a solid U.S. jobs report and remarks from Federal

Oil prices gain 1% as traders assess worsening geopolitical situation

By Shariq Khan NEW YORK (Reuters) -Oil prices rose about a dollar a barrel on Monday on concerns that tensions in the Middle East and the ongoing war between Russia and Ukraine could curb global

Gold hits more than one-week low as stronger dollar, yields dent appeal

By Anushree Ashish Mukherjee (Reuters) - Gold dropped to more than a one-week low on Monday, weighed down by a higher dollar and bond yields after a solid U.S. jobs report and remarks from Federal

Oil prices steady as stronger dollar counters Middle East supply concerns

By Shariq Khan NEW YORK (Reuters) -Oil prices were little changed on Monday, with a stronger dollar weighing on demand while tensions in the Middle East kept traders cautious of potential supply

On Camera

Ghatkopar hoarding collapse a typical Mumbai disaster—too many agencies, no one to blame

As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?