Posts in category Economic Times
Oil extends losses as strong dollar weighs on commodities markets (24-06-2024)
Oil prices fell in early Asian trade on Monday due to a stronger dollar and concerns of higher interest rates. Brent crude futures slid to $84.84 a barrel, while U.S. West Texas Intermediate crude futures were at $80.34. Geopolitical risks in the Middle East and issues in Ecuador impacted prices.
Dollar steady ahead of inflation reading; yen teeters toward 160 (24-06-2024)
The dollar steadied on Monday as traders awaited clues on U.S. inflation influencing interest rates, while Japanese authorities' actions had little impact on the yen's decline to 159.94 per dollar, its lowest since April 29.
Shachindra Nath on expectations from the upcoming Budget (24-06-2024)
With respect to the budget expectation, as we think, industry have represented a few policy changes. First is on SARFAESI, as HFCs have no limit on the SARFAESI limit, NBFC have Rs 20 lakh, so that has been requested that they should be allowed to have full coverage when it comes to secured loan.