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Turbulence in the bond market: What does it mean for investors?

Year 2022 is proving to be yet another year dominated by unprecedented events causing heightened volatility across global financial markets. While the year started on a positive note with many countries moving out of Covid -led disruptions, it was soon eclipsed by un-anticipated Russia-Ukraine conflict leading to a significant surge in global commodity prices and […]

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Business

PM Modi to visit Kedarnath-Badrinath today, tight security in place

Prime Minister Narendra Modi will visit Kedarnath and Badrinath today during which he will inspect various ongoing development works and also lay foundation stones for some new projects. In view of the visit, security arrangements have been tightened in the area, an official said. While the officials are busy finalizing the preparations for the two-day […]

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Uncategorized

Oil prices rise on supply woes.

Oil prices rose in early Asian trade on Wednesday, paring losses from the previous session, as concern over tight supplies following reports of lower inventories in the United States offset fears of lower demand from top oil importer China. Brent crude futures rose 73 cents, or 0.8%, to $90.76 a barrel by 0100 GMT. U.S. […]

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Oil

Oil Prices Tread Water Between Tightening Supply, Recession Fears.

Oil prices were muted on Tuesday as markets weighed signs of tightening crude supply against increasing fears that a global economic slowdown will erode crude demand this year.  Crude markets marked a slow start to the week, retaining most of last week’s losses amid growing signs that the United States will enter a recession within […]

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Economic news

Oil Slips Before U.S. Payrolls, but set for Best Week in 6 Months

Oil prices fell on Friday as markets awaited more economic cues from a closely-watched U.S. payrolls report, but were headed for strong weekly gains after the OPEC+ announced its biggest supply cut since the 2020 COVID pandemic. London-traded Brent oil futures fell 0.4% to $94.43 a barrel, while West Texas Intermediate crude futures were largely […]

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Oil

Oil Prices Rise to Near $90 as OPEC Cut Looms

Oil prices rose further on Tuesday as markets positioned for the biggest supply cut by OPEC since the 2020 COVID crisis, with weakness in the dollar also helping. London-traded Brent oil futures the global benchmark, rose 0.6% to $89.28 a barrel, while West Texas Intermediate crude futures rose 0.2% to $83.82 a barrel. Both contracts jumped […]

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Stock Market

Gold Steadies Above $1,650 as Safe Haven Appeal Creeps Back in

Gold prices steadied above a major support level on Monday as growing risks of an economic recession spurred some safe- haven demand for the yellow metal. Prices also recovered marginally from a bruising September, where they dropped 3%. Bullion prices marked their worst quarter since March 2021 with a 7.5% drop. Spot rose 0.2% to […]

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Oil

Oil Heads For Fourth Straight Monthly Loss as OPEC Meeting Looms

Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with the focus now turning to a potential supply cut by the OPEC next week. London-traded Brent oil futures, the global benchmark,  were flat at $87.50 a barrel by 21:55 ET (01:55 GMT), […]

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Stock Market

Govt hikes DA by 4% under 7th Pay Commission; details here

The Union Cabinet has hiked the  Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from the current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to a higher […]

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Oil

Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook

Oil prices held near eight-month lows on Monday after falling sharply last week as markets feared that slowing global economic activity will dent demand for crude. Anderson-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas Intermediate futures were unchanged at $78.67 a barrel by 21:30 ET (01:30 GMT). Both contracts […]

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