Business

Oil prices fell on Monday as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months and uncertainty over China's oil demand cloud oil markets' recovery.

If fund managers are serious about clean investments, they need to get their hands dirty.

In a post on LinkedIn, Raghuram Rajan suggested that India’s economy is far worse than two of the most Covid-affected advanced countries — the US and Italy.

Asian stock markets were mixed Monday after Wall Street turned in its biggest weekly decline in more than two months.

Shares in China's Semiconductor Manufacturing International Corp (SMIC) tumbled on Monday in response to reports of potential sanctions against the company from Washington.

U.S. job growth slowed further in August as financial assistance from the government ran out, threatening the economy's recovery from the COVID19 recession.

Oil slipped below $44 a barrel on Friday and was on course for its biggest weekly decline since June as weak demand figures added to concern over a slow recovery from the COVID19 pandemic.

Depositories and clearing corporations on Friday said significant amount of margin pledges and repledges have seamlessly been processed since the new mechanism kicked in and they expect the process to stabilise in the coming week. The new mechanism o...

Osloheadquartered Orkla Foods said on Friday it has entered into an agreement to acquire 67.8 per cent of the shares in Kochibased Eastern Condiments Private Limited. With this move, the Norwegian consumer goods supplier will double its sales in India,...

China's largest brokerage CITIC Securities is set to get an underwriter's role for the Shanghai tranche of financial technology firm Ant Group's up to $30 billion duallisting, four people with knowledge of the matter said.

India's metal sector has suffered a significant blow on account of operational difficulties and poor demand due to COVID19 and a slow recovery back to prepandemic level of production is expected in the coming quarters, Fitch Solutions has said in a report...

Brent crude fell 44 cents to $43.63 a barrel by 0325 GMT, while U.S. West Texas Intermediate was at $40.94 a barrel, down 43 cents and set for its first weekly drop in five weeks.

Oil prices slipped on Friday, on track for a weekly loss, as investors' focus shifted to lacklustre demand and ample fuel supplies, offsetting support from a weak dollar.

A gauge of global stocks turned lower on Thursday as U.S. markets opened and were weighed down by weakness in the technology sector, while the dollar continued its bounce from more than twoyear lows.

France aims to spend 100 billion euros to pull its economy out of one of Europe's worst slumps, under a fastmoving recovery plan that revives President Emmanuel Macron's probusiness reforms with a greener tinge.

The bench said that accounts which were not declared as non-performing assets till August 31 this year, shall not be declared NPA till further orders.