New York, (IANS) : The international crude oil prices slumped on Friday as market adopted an wait-and-see attitude toward a possible output cut deal among oil producers. Saudi Arabia, member and top oil exporter in the Organisation of the Petroleum Exporting Countries...
Riyadh, (IANS) : World's top crude oil producer Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, said it made a major advancement in its POWERS technology that will simulate oil migration problems in the Kingdom in a fraction of the time it...
Washington, (IANS) : The US dollar rose to an 11-month high against other major currencies, as UPresident-elect Donald Trump's potential economic policies boosted market expectations of further interest-rate increases. The dollar index, which tracks the greenback...
New York, (IANS) : Oil prices extended last week's declines on Monday, dragged down by worries about oversupply as Organization of Petroleum Exporting Countries (OPEC) saw record crude production last month. The West Texas Intermediate for December Delivery on Monday...
Mumbai, (IANS) : Hindalco Industries Limited, the flagship company of the Aditya Birla Group, on Saturday reported a 255 per cent jump in its net profit to Rs 440 crore in the quarter ended September 30, as compared to Rs 123 crore in the year-ago period. Its revenue...
New Delhi, (IANS) : As equity markets became jittery with Republican Donald Trump being elected the 45th President of the US on Wednesday, investors found safe haven in gold, triggering a spike in prices. "Gold prices have been fluctuating globally between...
New York, (IANS) : Gold futures on the COMEX division of the New York Mercantile Exchange dropped on Tuesday, as investors largely waited on the sidelines ahead of the results of the US presidential election. The most active gold contract for December delivery fell...
New Delhi, (IANS) : India's demand for gold in the third quarter (July-September) dropped by 28 per cent to 194.8 tonnes, the World Gold Council said in its report on Tuesday. The Indian demand was around 271.1 tonnes during the corresponding quarter in 2015. In terms...
By Rohit Vaid, Mumbai, (IANS) : Global cues such as the US presidential election, trends in dollar strength and crude oil prices are expected to drive investors' sentiments during the upcoming week. Besides, the direction of foreign fund flows, along with the ongoing...
New Delhi, (IANS) : All India LPG Distributors Federation on Saturday assured customers that constant supplies of LPG cylinders will be maintained in the country. The federation assured its customers after a group of LPG distributors threatened to go on a strike from...