Oil Steadies as Mideast Tensions Vie With Libyan Supply Outlook
Brent for December traded near USD 72 a barrel after closing slightly higher on Monday, with West Texas Intermediate surpassing USD 68. Israel’s military announced...
Tag : World economy
Decrease in Crude Oil Prices Affecting India’s Oil Exports: CRISILÂ
The decrease in crude oil prices has affected India’s oil exports, resulting in a decline in overall exports in August. According to CRISIL, the scarcity...
US Fed Interest Rate Cut by 50 Basis Points and its Impact on India
On Wednesday, September 18, the US Federal Reserve cut interest rates by 50 basis points, marking the first reduction over four years. In its announcement,...
RBI Board Reviewed Global and Domestic Economic Scenario: 610th Meeting
The 610th gathering of the Central Board of Directors of the Reserve Bank of India was conducted on Wednesday in Mumbai, with Governor Shaktikanta Das...
India had Trade Surplus with 151 Nations and Deficit with 75 Nations: GTRI
As reported by the think tank Global Trade Research Initiative (GTRI), India achieved a trade surplus with 151 countries like the US and Netherlands while...
Oil Prices Gained on Positive US Economic Data, Libya Disruptions
Oil stabilised after surging on Thursday, August 29, following positive US economic data and escalating supply disruptions in Libya. Brent for November was trading at...
Asian Stocks Surged as Investors Countdown to Interest Rate Cuts
Asian stocks made gains on Monday, August 26, and the yen strengthened at the beginning of the week as investors positioned themselves in anticipation of...
Asian Stocks Climbed on Bullish Wall Street Cue
Asian stocks climbed following a strong session on Wall Street on Tuesday, fueled by expectations that the Federal Reserve will soon indicate its readiness to...
US Dollar Near One-Week High on Jobs Relief; Yen Sinks
On Friday, the dollar stayed close to a one-week high compared to other major currencies. This came after the largest decrease in U.S. jobless claims...
Top 10 Most Valuable and Strongest Currencies in World in 2024
Introduction In 2024 global economy continued to evolve rapidly. Currency values fluctuate based on multiple factors. Some currencies display exceptional strength and high valuation. This...