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Fed relief lifts Asian stocks, dents dollar

Last Updated: Thursday, July 10, 2014, 09:06

Asian stocks rose and the dollar dipped on Thursday after the Federal Reserve indicated it was in no rush to end quantitative easing and begin raising interest rates.

Oil falls below $109 as Libya restarts oilfield

Last Updated: Wednesday, July 09, 2014, 10:05

Easing worries over possible disruptions to supply from the conflict in Iraq also dragged on prices.

India pays second installment of $550 mn to Iran in oil dues

Last Updated: Tuesday, July 08, 2014, 20:05

India on Tuesday paid the second installment of USD 550 million to Iran to clear over one-fourth of its dues for oil imports from the Persian Gulf nation.

World stocks hold at all-time high after bumper week

Last Updated: Friday, July 04, 2014, 14:52

World stocks were enjoying the view at an all-time high on Friday, lifted by a strong week of U.S. economic data and promises from the European Central Bank that cheap money will be sloshing around for years.

Hoarding to be non-bailable offence; fund to stabilise prices

Last Updated: Friday, July 04, 2014, 13:03

Seeking to check rising prices, the government on Friday decided to amend the law to make hoarding a non-bailable offence and set up a price stabilisation fund to enable states to undertake market intervention.

India still worried about rising crude prices: Jaitley

Last Updated: Friday, July 04, 2014, 12:15

India is worried about the impact of Iraq crisis on crude oil, though there were indications of moderation in prices in the last few days, Finance Minister Arun Jaitley said on Friday.

Oil extends losses on return of Libyan supplies

Last Updated: Thursday, July 03, 2014, 09:43

Oil extended losses in Asia Thursday on prospects that Libya will begin exporting more crude into a global market flush with supplies, while easing concerns about the Iraqi crisis also weighed on prices.

ExxonMobil pumps $1bn to Europe

Last Updated: Wednesday, July 02, 2014, 15:04

The US energy giant said it intends to instal a new unit at the site which will convert heavy crude into diesel and marine fuel.

Oil prices dip on profit taking, Iraq

Last Updated: Wednesday, July 02, 2014, 02:55

World oil prices slipped Tuesday on profit taking and marginally easing concerns about the Iraq crisis, while in the US a storm sparked fears about lower gasoline demand.

Oil prices rise on weak dollar

Last Updated: Tuesday, July 01, 2014, 09:34

Oil prices rose in Asia Tuesday as dealers made the most of a weakening dollar while keeping an eye on continuing fighting in Iraq, analysts said.

Bonds see biggest monthly fall in seven but gain on quarter

Last Updated: Monday, June 30, 2014, 18:22

Government bond yields ended little-changed on Monday, ending their worst month in seven as the violence in Iraq has threatened to push up global crude oil prices and lead to a spike in domestic inflation.

Crude oil futures down on weak Asian cues

Last Updated: Monday, June 30, 2014, 12:28

Crude oil futures prices Monday eased by 0.13 per cent to Rs 6,356 per barrel, as speculators trimmed positions amidst a weak trend in the Asian trade.