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Friday, April 26, 2024
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Economy

India’s BPCL looking at buying Venezuela oil, official says

NEW DELHI (Reuters) - India's state run refiner Bharat Petroleum Corp is looking at buying Venezuela oil, its head of refineries Sanjay Khanna said on Wednesday. "Our refineries are capable of

Oil holds soft tone on oversupply worries ahead of Fed meeting

By Colleen Howe BEIJING (Reuters) -Oil prices extended losses on Wednesday in Asian trade, after falling by more than 3% to six-month lows in the previous session on oversupply and demand concerns.

Dollar ticks up as traders wait on Fed for rate cut timing clues

By Kevin Buckland TOKYO (Reuters) -The dollar ticked up slightly versus major rivals on Wednesday, as traders braced for the conclusion of a Federal Reserve policy meeting that could provide clues on

India’s trade deficit with China is so far lower in 2023 than last year. Here’s why

Smaller deficit this year could be down to slowing Chinese economy. In terms of volume, Indian exports to China remain roughly one-tenth of Chinese exports to India.

Rupee eyes Fed rate projections after in-line U.S. inflation data

By Nimesh Vora MUMBAI (Reuters) - The Indian rupee is expected to have a quiet opening on Wednesday after U.S. inflation came broadly in-line with expectations, with traders now awaiting the Federal

Asian stocks mixed ahead of Fed decision; oil prices slump

By Rae Wee SINGAPORE (Reuters) - Asian shares were mixed on Wednesday, while oil prices slid to six-month lows as traders waited for the year's final policy decision from the Federal Reserve and clues

Oil holds soft tone on oversupply concerns, markets await Fed

By Colleen Howe BEIJING (Reuters) - Oil prices consolidated losses on Wednesday in Asian trade, after falling by more than 3% to six-month lows in the previous session on oversupply and demand

Gold holds tight range as traders strap in for Fed verdict

By Brijesh Patel (Reuters) - Gold prices traded in a narrow range on Wednesday as investors refrained from making big bets ahead of the U.S. Federal Reserve's interest rate decision and policy outlook

Dollar on back foot as traders look to Fed for cut timing clues

By Kevin Buckland TOKYO (Reuters) - The dollar remained on the back foot versus major rivals on Wednesday, as traders braced for the conclusion of a Federal Reserve policy meeting and clues on when

Wall St closes higher ahead of Fed; crude tumbles

By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced Tuesday and the dollar dipped after a report showed sticky U.S. inflation meandering lower as the Federal Reserve convened to assess policy and

On Camera

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Terror commander Masood Azhar resurfaces to launch celeb-style ‘ask me anything’ online service

The announcement, made by JeM’s Maktab-ul-Rabita, or office for communication, comes 2 yrs after Pakistani officials claimed the militant was living under Taliban protection.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.