Thursday, 1 December, 2022
TopicCrude oil prices

Topic: Crude oil prices

Why oil prices are going down and how it affects the Indian economy

As Saudi Arabia initiated a price war against Russia, the crude oil price fell by 30%, registering its single-largest fall since 1990 Gulf War.

Oil crash sends new shock through world economy already crippled by coronavirus

The oil crash imposes another body blow for credit markets, thanks to the energy industry’s outsize share of US high-yield securities.

Oil price crashes to $31 a barrel, the worst loss since 1991 Gulf War

With oil demand already plummeting due to the economic impact of the coronavirus, traders forecast that prices will go even lower.

Sensex tanks over 1,500 points on global equity rout, sinking oil prices

ONGC was the top laggard in the Sensex pack, nosediving up to 11 per cent, followed by IndusInd Bank, RIL, PowerGrid, Tata Steel, L&T, SBI and Tech Mahindra.

India asks OPEC not to cut oil production, seeks better commercial terms

In a meeting with OPEC Secretary-General Mohammad Sanusi Barkindo, Oil Minister Dharmendra Pradhan pitched for better terms like reduction in selling price and extension of credit period.

Saudi oil shock will probably not matter as much to the world as it could to India

The global energy market has diversified and the loss of 5.7 million barrels of oil in an $84.8 trillion global economy is less likely to qualify as major crisis.

Gender or nepotism? Chanda Kochhar exit is media fodder

Your daily news capsule.

India’s oldest mutual fund expects high market volatility after assembly polls this year

UTI AMC expects political uncertainty to play out in the coming months and have the most bearing on government bonds.

On Camera

YourTurn

Prannoy Roy in Abu Dhabi

You can call NDTV elitist, anglicised. But it defended democracy, gave us Ravish Kumar

In all these years of covering elections on NDTV, I do not recall a single occasion when I was asked or even hinted to say or not say something. I disagreed with Prannoy Roy off-screen and on-screen and that was never a problem.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.