Exports to China to pace up at 14% a year in 2020-30: HSBC
Exports to China are expected to grow by around 14 percent a year in the decade to 2030, potentially outpacing outbound shipment growth to any other country, said an HSBC trade forecast report.
May 28, 2015, 12:35 PM IST
Oil prices mixed in Asian trade
Oil is on an uptrend but neither is it on a steady fall. Oil has stabilised at current prices, and in dicates both the WTI and Brent to remain in this USD 60-USD 70 range.
May 26, 2015, 11:05 AM IST
Oil prices slip in Asian trade
Now, the rally seems to have fizzled out probably due to profit-taking as the market re-adjusts.
May 22, 2015, 10:13 AM IST
Oil prices mixed in Asian trade
Global oversupply with weak demand, continue to put a cap on prices despite geopolitical unrest.
May 19, 2015, 11:06 AM IST
Global oil prices shoot higher
Global oil prices rebounded sharply on Tuesday on the falling greenback, which makes dollar-priced crude cheaper for buyers using stronger currencies.
May 13, 2015, 01:06 AM IST
Oil prices retreat on strong dollar
The rebounding greenback makes dollar-priced oil more expensive.
May 11, 2015, 17:05 PM IST
China becomes world's top crude buyer despite economy stuttering
China`s crude oil imports hit a record of almost 7.4 mn bpd, ahead of US.
May 11, 2015, 12:56 PM IST
FM Jaitley expects global crude oil prices to stabilise soon
Worried over the impact of crude price volatility on the economy, Finance Minister Arun Jaitley on Friday hoped that the situation in the Middle East would improve leading to stabilisation of oil prices.
Mar 27, 2015, 20:20 PM IST
Indian economy a bright spot in global landscape: IMF
India`s growth is set to rise to 7.2 percent in this fiscal with the economy reviving, helped by positive policy actions that have improved confidence and lower global oil prices, according to the IMF.
Mar 11, 2015, 19:08 PM IST
Increasing global oil prices pose risk to inflation: RBI
The Reserve Bank on Wednesday said the uncertainty surrounding global oil prices can have an adverse bearing on the inflation outlook though it will endeavour to bring it down to the target of 4 percent by 2016-17.
Mar 04, 2015, 14:40 PM IST
Indonesia posts $710 mn trade surplus in January
Southeast Asia`s biggest economy saw exports slide 8.09 percent on-year to $13.30 billion and imports sank 15.59 percent to $12.59 billion.
Feb 16, 2015, 12:41 PM IST
Oil prices drop as IEA predicts weak rebound
US benchmark West Texas Intermediate (WTI) for March delivery slipped 70 cents to $52.16 a barrel compared with Monday`s close.
Feb 10, 2015, 19:08 PM IST
Govt changes excise duty structure on branded diesel
The government has changed the excise duty structure on branded or premium diesel, shifting from fixed rates to a combination of ad valorem and fixed duty.
Jan 30, 2015, 18:57 PM IST
Cairn India Oct-Dec profit drops 53% to Rs 1,350 crore
Cairn India on Thursday reported a 53 percent drop in its December quarter net profit, crimped by the slump in global oil prices and drop in production.
Jan 22, 2015, 19:11 PM IST
Cheaper oil `bolsters` ECB case for more stimulus: Lagarde
IMF chief Christine Lagarde on Thursday encouraged the European Central Bank to unleash fresh stimulus on the ailing eurozone, saying falling global oil prices increase the risk of deflation.
Jan 15, 2015, 23:32 PM IST
Ruble down around 5% against dollar on back of falling oil price
The Russian ruble on Tuesday plunged by around 5 percent against the dollar as global oil prices tumbled towards a six-year low.
Jan 13, 2015, 20:49 PM IST
Crude price slump a boon for India, says RBI
The dramatic fall in global crude prices is a big boost for India as it can bring down the country's annual oil import bill by about USD 50 billion, RBI Deputy Governor Urjit Patel has said.
Jan 13, 2015, 17:03 PM IST
Asian shares tumble as oil gloom deepens
Asian shares tumbled on Tuesday as sliding oil prices and political uncertainty in Greece forced investors out of risk assets and into the safety of government bonds.
Jan 06, 2015, 09:14 AM IST
Gulf braces for tough times over oil price plunge
Pumping about 17.5 million barrels per day, GCC countries are forecast to lose at least half their oil revenues, or around $350 billion a year, at current price levels.
Dec 19, 2014, 10:21 AM IST
Reduction in gas prices is a net positive for US economy: WH
A reduction in the global oil prices is net positive for the US economy, the White House has said, pointing out that for the first time in 2014 America is now exceeding both Saudi Arabia and Russia in oil production.
Dec 17, 2014, 15:10 PM IST
