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Cutback in oil output, rise in crude prices could impact India

Given that India gets a huge part of its oil supplies from Iran through government-owned oil PSUs, any unwelcome shocks in global crude rates could be absorbed well enough, reports Aveek......

Superman or not, Raghuram Rajan has indeed made a difference

He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang. "I am not a superman", he says, but the......
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Australian shares end over 1% lower after Trump tests positive

Next week, investors will be looking at the Reserve Bank of Australia's cash rate decision, and the federal budget, which is likely to show a... ...

https://economictimes.indiatimes.com/markets/stocks/news/australian-shares-end-over-1-lower-after-trump-tests-positive/articleshow/78443384.cms
Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks

The American Petroleum Institute said on Tuesday that crude stocks fell by 4 million barrels last week, more than analysts' expectations of a 2.9... ...

https://economictimes.indiatimes.com/markets/commodities/news/oil-prices-bolstered-by-bigger-than-expected-drop-in-u-s-crude-stocks/articleshow/77496753.cms
Gold slips as dollar bounces, focus on US-China row

Spot gold was down 0.5% to $2,017.98 per ounce by 0234 GMT, moving further away from a record high of $2,072.50 hit last week. U.S. gold futures... ...

https://economictimes.indiatimes.com/markets/commodities/news/gold-slips-as-dollar-bounces-focus-on-us-china-row/articleshow/77476033.cms

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