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26 September, 2017 2:20 AM Oil markets take a breather after jump the day before

Oil markets took a breather on Tuesday after prices jumped more than 3 percent in the previous session, with Turkey threatening to cut crude flows from Iraq's Kurdistan region to the outside world. Global marker Brent hit a two-year high on Monday, helped by output curbs by the Organization of Petroleum Exporting Countries and other major producers 16

21 September, 2017 10:29 AM Economists caution FM Arun Jaitley: Don't go Pranab's way with stimulus

Just when it looked like good going, the Modi government faces an existential crisis: red lights are blinking on the country's major macroeconomic parameters. Pressure is mounting on the government for policy support to pump-prime the economy, but analysts are prescribing patience. Going for quick fixes could undo the good work done so far and cause 24

20 September, 2017 1:36 PM L&T bags Rs 1,700 crore crude oil pipeline contract in Kuwait

New Delhi: Engineering conglomerate Larsen & Toubro (L&T) on Wednesday said it has won a Rs 1,700 crore contract in Kuwait for building a crude oil pipeline. "L&T's hydrocarbon division has bagged a major pipeline contract with a value close to Rs 1,700 crore from Kuwait Oil Company (KOC) for Engineering, Procurement and Construction of a new 48? Crude 25

18 September, 2017 4:36 PM OVL can run Azeri oilfield till 2049

ONGC Videsh (OVL), the overseas arm of state-owned Oil and Natural Gas Company, said a consortium it is part of has entered into an agreement with the Azerbaijan Government and State Oil Company of the Azerbaijan Republic (SOCAR) to extend the duration of the production sharing agreement (PSA) for a major oilfield to December 31, 2049. The PSA is for the Azeri-Chirag-Deep 24

16 September, 2017 11:02 AM Significant arrest made in London Tube terror attack: Police

London, Sep 16 (PTI) An 18-year-old man was arrested today in connection with the terror attack on a packed London Tube train, the Metropolitan Police said, calling it a "significant" development in the ongoing investigation. The man was arrested by Kent Police in the port area of Dover this morning under the UKs Terrorism Act. He was taken into custody 27

15 September, 2017 6:03 PM North Korea endangers whole world, take action against Pyongyang, US tells China, Russia

US Secretary of State Rex Tillerson accused North Korea on Friday of threatening the entire world, after Pyongyang fired a missile over Japan for the second time in under a month in defiance of international pressure over its missile and nuclear programmes. In the latest attempt to deal with an issue that has repeatedly frustrated world powers, the UN Security 28

15 September, 2017 2:29 PM India's April-August trade deficit hits $64.14 billion

India added $11.64 billion to its trade deficit in August 2017, taking overall trade deficit for the first five months of the current fiscal (April-August 2017-18) to an estimated $63.14 billion, provisional figures released by the commerce ministry showed. The trade deficit shot up from $11.45 billion in July to $11.64 billion in August with a 21.02 per cent jump in the country's 1

14 September, 2017 7:43 AM WPI inflation rises sharply to 3.24 % in August

Wholesale inflation rose to a four-month high of 3.24 % in August as prices of food articles, led by onions and vegetables, soared. Inflation based on the wholesale price index (WPI) was 1.88 % in July 2017 and 1.09 % in August 2016. The last such high level of inflation was witnessed in April when the rate of price rise was 3.85 %. The government data released 22

14 September, 2017 3:38 AM ETMarkets Morning Podcast: Will Nifty reclaim its lifetime high today?

We were almost at kissing distance of Nifty’s lifetime high yesterday, and that was a euphoric moment. IPOs were on a tear: one issue got fully subscribed on Day 1, and the second mopped up 4 times subscription. But I am not too happy to tell you that the market setup does not look too good this morning, and some analysts have talked about the possibility 28

13 September, 2017 1:08 PM Can't Keep Changing Fuel Prices On Knee-Jerk Basis, Says Dharmendra Pradhan

The Petroleum Minister expects global crude prices to ease in the near future. New Delhi: The government cannot change fuel prices on a knee-jerk basis, Petroleum Minister Dharmendra Pradhan said on Wednesday on a day when stocks of state-run oil marketing companies (OMCs) tanked by as much as eight per cent following recent hikes in transport fuel prices 38