Oil Prices Rise in Anticipation of Extended OPEC-Led Production Cut

Singapore: Oil prices rose ahead of an OPEC meeting on Thursday that is expected to extend a production cut aimed at tightening the market well into 2018, adding at least nine months to an initial six-month cut in the first half of this year. Brent crude futures were trading at $54.40 per barrel at 0118 GMT, up 44 cents, or 0.82 percent from their More...

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By Onenewsdaily On Thursday, May 25th, 2017
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Rupee on Way to Recovery, Gains 25 Paise

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By Onenewsdaily On Thursday, May 25th, 2017
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Moody's Slashes Hong Kong Rating Following China Cut

Hong Kong: Hong Kong on Thursday hit back at a decision by Moody’s to cut its credit rating on the city, which the agency said was becoming increasingly close to mainland China. The move was announced More...

By Onenewsdaily On Thursday, May 25th, 2017
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Sensex Recovers 123 Points on Global Cues, F&O Expiry

Mumbai: Benchmark BSE Sensex rebounded about 123 points in early trade on Thursday on fresh buying by investors, tracking a firm trend in other Asian bourses. Short-covering of bets, on Thursday being the last More...

By Onenewsdaily On Thursday, May 25th, 2017
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Asian Shares Hit Two-year High After Fed Signals Gradual Tightening

Tokyo: Asian shares scaled two-year highs on Thursday while the dollar and US bond yields slipped after the US Federal Reserve signalled a cautious approach to future rate hikes and the reduction of its $4.5 More...

By Onenewsdaily On Wednesday, May 24th, 2017
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Govt Approves Raising of Rs 2,360 cr For Clean Energy Projects

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By Onenewsdaily On Wednesday, May 24th, 2017
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FIPB Abolition to Boost FDI Inflow: CII

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By Onenewsdaily On Wednesday, May 24th, 2017
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Vision Document For Asia-Africa Growth Corridor Unveiled

Gandhinagar: The vision document for the proposed “Asia-Africa Growth Corridor (AAGC)” supported by Japan and India has been unveiled on Wednesday during the 52nd Annual Meeting of the African Development More...

By Onenewsdaily On Wednesday, May 24th, 2017
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Govt Proposes Changes in UDAN Scheme, to Award Routes by August

New Delhi: The government is likely to award air routes under the second round of the regional connectivity scheme (RCS) by August, for which it has invited comments from stakeholders on certain changes it has More...

By Onenewsdaily On Wednesday, May 24th, 2017
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Infosys CEO Vishal Sikka's Salary Drops 67% in FY17

New Delhi: Infosys chief executive Vishal Sikka’s high salary, which had prompted the founder members to voice concerns, has dropped over 67 per cent in 2016-17 on lower bonus payout. According to the More...

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