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Saudi-Indian bromance: What next?

'We began foolishly bragging about Saudi-Emirati investment plans as indicative of the sheikhs 'distancing' from Pakistan, including on Kashmir,' notes Ambassador M K Bhadrakumar. IMAGE: Prime......

Why Jamal Khashoggi's death matters

'A 2018 murder may lead to shifts in the geopolitical order and impact at least one monarchy,' says Devangshu Datta. IMAGE: A protest outside the Saudi consulate in Istanbul where journalist Jamal......

Surge of Saudi nationalism hurts US

'The surge of Saudi nationalism is the last thing Washington wants,' says Ambassador M K Bhadrakumar. IMAGE: President Donald Trump, flanked by White House Senior Advisor Jared Kushner, second......

A warrior prince rises in Arabia

The Middle East's power house is about to get a new ruler who is only 31 and he may lead Saudi Arabia for decades, says Ambassador M K Bhadrakumar. IMAGE: Crown Prince Mohammed bin Salman, right,......

Trump likely to pick Exxon Mobil CEO as his Secretary of State

United States President-elect Donald Trump is likely to pick Exxon Mobil Corp CEO Rex Tillerson as his Secretary of State, according to media reports which said his nomination could face intense......

Safety, hygiene on mind, India Inc reopens with caution

Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards......

How COVID-19 spoilt India's oil bonanza

'The impact of COVID-19 on the economy has been so overwhelming that even a significant drop in global oil prices, which in normal times would have brought cheer, has posed new challenges for the......

Why shale holdings of RIL, GAIL are under pressure

American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative. The falling demand of crude oil in the US market will......

India likely to stage sharp V-shaped recovery in 2021-22: RBI's Das

Softening inflation, Das said would make available more policy space to the central bank to address risks to the growth going forward. The Reserve Bank Governor Shaktikanta Das on Friday said......

Sensex drops 470 points; Nifty slips below 9K

Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd......

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OPEC, Russia bargain over oil cuts ahead of June meeting

Saudi Arabia and some other OPEC oil producers are considering extending record high output cuts until the end of 2020 but have yet to win support... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/c4lRq7L1q70/opec-russia-bargain-over-oil-cuts-ahead-of-june-meeting-idINKBN2341QW

Oil drops on worse than feared rise in US fuel stocks

The decline extended losses from Wednesday on uncertainty about Russia's commitment to deep oil production cuts in the lead-up to a June 9 meeting... ...

https://economictimes.indiatimes.com/markets/commodities/news/oil-drops-on-worse-than-feared-rise-in-us-fuel-stocks/articleshow/76057171.cms

Oil slides on US-China tensions, doubts about Russian output cuts

The group known as OPEC is cutting output by nearly 10 million barrels per day (bpd) in May and June. Some question whether it will continue to do... ...

https://www.moneycontrol.com/news/business/oil-slidesus-china-tensions-doubts-about-russian-output-cuts_13826701.html

SGX Nifty Trades Positive, Crude Oil Sees Buying, FPI Equity Inflows Rise, and Top Cues in Focus Today

Posted by Equitymaster Indian share markets ended marginally lower yesterday as benchmark indices gave up early gains and slipped into the red... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/vXx1Ufaxj-M/tm.asp

Oil declines as Russia plans to ease supply cuts in July

Earlier, President Vladimir Putin‘s spokesman said Russia and its OPEC allies would analyze the global oil market before deciding on any... ...

https://www.hindustantimes.com/business-news/oil-declines-as-russia-plans-to-ease-supply-cuts-in-july/story-IOFMDBNu7XFv599uj6ZSII.html

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