Analysts said a strong dollar following last week’s US interest rate hike, which makes oil consumption more expensive for countries using different currencies, as well as a renewed increase in US oil rig counts were weighing on crude prices.
Posts tagged MC
Brent crude at 11 year low as mkt rout heads into Christmas (21-12-2015)
Brent crude at 11 year low as mkt rout heads into Christmas (21-12-2015)
Analysts said a strong dollar following last week’s US interest rate hike, which makes oil consumption more expensive for countries using different currencies, as well as a renewed increase in US oil rig counts were weighing on crude prices.
Asia trades mostly in the red, tracking Wall Street losses (21-12-2015)
Asia’s markets traded in the red on Monday, after Wall Street’s sharp losses on Friday.
Asia trades mostly in the red, tracking Wall Street losses (21-12-2015)
Asia’s markets traded in the red on Monday, after Wall Street’s sharp losses on Friday.
Fiscal discipline, not a choice but a necessity (21-12-2015)
The midyear review of the economy by the chief economic advisor makes a strong case for fiscal loosening next year. The review argues that private investment and global growth are likely to remain anaemic.
Fiscal discipline, not a choice but a necessity (21-12-2015)
The midyear review of the economy by the chief economic advisor makes a strong case for fiscal loosening next year. The review argues that private investment and global growth are likely to remain anaemic.
Bull’s Eye: Buy PNB, Divis Lab, Hexaware, Eveready, JB Chem (21-12-2015)
Rakesh Bansal of RK Global advises buying Ashoka Buildcon with a target of Rs 212.
Nifty likely to open in red on weak global cues (21-12-2015)
The Indian equity market is likely to open on a negative footing with the SGX Nifty, an indicator of the market opening, trading at 7761 down 13 points at 7:35am.
Chidambaram debunks Govt stand on capping GST rate (20-12-2015)
Debunking the stand that GST rate cannot be put on the statute, former Finance Minister P Chidambaram on Sunday said there is a precedent of a tax rate being put in the Constitution besides the powers government has to impose new levies in extraordinary situations.
Govt to push Bankruptcy Bill in Parliament in 3 days: FM (19-12-2015)
With a view to promoting ease of doing business and spurring economic activities, a government-appointed panel had last month suggested a modern bankruptcy law to deal with insolvency cases within 180 days that may arise on account of business failures or economic downturns.