Oil prices ease on US gasoline demand worries, economic data
By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% on Wednesday on worries over weak U.S. gasoline demand and economic data that could cause the U.S. Federal Reserve
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Commodities
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Uncategorized
Flood-battered farmers in southern Brazil wade through lost harvests
By Amanda Perobelli and Lisandra Paraguassu ELDORADO DO SUL, Brazil (Reuters) – After three days of ferocious rains, Edite de Almeida and her husband fled their flooded home in early
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Oil dips on concerns about demand, U.S stockpiles data awaited
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices eased on Thursday after resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand. Ahead
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Hong Kong SFC to Audit Compliance of Crypto Firms After Exchange Licencing Deadline
Hong Kong’s Securities and Futures Commission (SFC) will head the compliance audits for crypto firms operating in the region. Over 245 thousand people are estimated to be holding crypto in
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Sports
UCL Final: Dortmund had their moments, but Real Madrid do Real Madrid things to clinch 15th title
Dani Carvajal and Vinicius Junior scored the goals for the Spanish giants as Dortmund rue missed opportunities. Real Madrid proved why they are so difficult to beat in a European
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Babar Azam says expectations and hype around the India vs Pakistan match can cause ‘nervousness’
India and Pakistan teams are placed in Group A in the ongoing T20 World Cup in the West Indies and the USA and will meet each other on July 9
Economy
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China pips US to be India’s largest trade partner in FY24
Goods imports from neighbour crosses $100-billion. While China emerged as India’s largest goods trading partner, outdoing the US by a modest $ 116 million in the last financial year, it
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Govt eyes extra $50-billion foreign flows annually
Global financial hubs being approached. With a sharp 62% decline in net foreign direct investment (FDI) to India in FY24 and a looming crisis in finding non-Budget funds to finance
Economy
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India economy likely grew at weakest pace in a year in January-March: Report
The country’s gross domestic product (GDP) unexpectedly grew by 8.4% in October-December compared to a year earlier, thanks to a sharp drop in subsidies which provided an artificial boost to
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Stock Market
Modi’s return will power India’s defence, infra stocks, Motilal Oswal’s Agrawal says
By Bharath Rajeswaran BENGALURU (Reuters) – Indian Prime Minister Narendra Modi returning to power for a rare third consecutive term will boost shares of defence, infrastructure, railway and capital goods