Imports rise at highest pace in more than 2 years as crude oil price spikes. Rising for a fifth month, merchandise exports grew by 4.32 per cent in January against the 5.7 per cent rise seen in December. Imports grew 10.70 per cent to $31.95 billion, the highest pace in more than two years, on account of a sharp uptick in international crude oil prices. The trade deficit widened to $9.84 billion in January. Exports registered $22.11 billion in January after reaching a 21-month high in ... Rediff.com, 2 months ago
Oil imports lift U.S. trade deficit to near five-year high - Sify, 1 month ago
U.S. trade deficit jumps to five-year high on imports - Sify, 1 month ago
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The Centre’s strategy of increasing excise duty on petroleum products despite recent increases in global prices has hurt revenue collections of states and widened their fiscal deficits. As per the Petroleum Planning & Analysis Cell (PPAC) in the oil ...The Financial Chronicle, 1 month ago
The Union budget has proposed a capital expenditure of Rs 1,31,000 crore for Indian Railways in 2017-18. Given this pace, the railways is unlikely to achieve its five-year capex target of Rs 8.56 lakh crore. But the speed at which new railway lines are being ...The Financial Chronicle, 2 months ago
Similarities between NDA and UPA on some key policy issues are now becoming too stark to be ignored, says A K Bhattacharya. Illustration: Dominic Xavier/Rediff.com. Similarities between the Narendra Modi-led National Democratic Alliance and the Manmohan Singh-led United Progressive Alliance on some key economic policy issues are now becoming too stark to be ignored. At the launch of the Modi government in May 2014, there was an expectation that the new regime would follow a more aggressive ...Rediff.com, 1 week ago
Advantages are not being leveraged fully mainly because of lack of funds, say experts. India enjoys a huge advantage of a great talent pool that comes at a low cost. However, experts from Samsung, IBM and Cisco say the advantages are not being leveraged fully mainly because of lack of funds and no collaborative work. Vinod Kumar, general manager, GE Global Research, says one of things that are different in India as compared to other countries is the time duration and pace at which things ...Rediff.com, 2 weeks ago
By Libby George and Ahmad Ghaddar LONDON (Reuters) - OPEC appears to be slowly winning the battle against a global overhang of crude and oil products as inventories in onshore and floating storage decline. The price of oil may not reflect this just yet, as ...Sify, 2 weeks ago Investors bet big on PSU oil stocks The Financial Chronicle, 1 month ago Analysis - Oil overhang points to need for extended OPEC output cuts Sify, 2 months ago Analysis: Oil overhang points to need for extended OPEC output cuts Sify, 2 months ago
Posted by Equitymaster Indian share markets edged lower in the afternoon session tracking global markets as geopolitical concerns grew after the US launched cruise missiles against an air base in Syria. At the closing bell, the BSE Sensex stood lower by 221 ...Equitymaster.com, 3 weeks ago Weekly Wrap: Sensex, Nifty eke out modest gains Sify, 2 months ago Sensex ends 184 points down on weak earnings, US rate hike fears Sify, 2 months ago Global Markets Ended on a Negative Note, However Indian Markets Outperform Equitymaster.com, 2 months ago
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer confidence surged to a more than 16-year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, suggesting the economy was regaining momentum after ...Sify, 1 month ago
Top hockey players including members of the junior World Cup winning team and the Rio Olympics were today felicitated by Union Petroleum Minister Dharmendra Pradhan during an exhibition match here. The exhibition match was played between Petroleum Sports ...Business Standard, 1 month ago
TOKYO, March 16 (Reuters) - Japanese stocks eked out smallgains in choppy trade on Thursday after the U.S. Federal Reservehiked U.S. interest rates, but signalled no pick-up in the paceof tightening. The Nikkei rose 0.1 percent to 19,590.14 points,after ...Sify, 1 month ago
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