Economy Archives - Page 2 of 3 - Assam

Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut 0
- Market
- December 1, 2022
Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also speculated over whether the OPEC’s last meeting for the year will result in a supply cut. Chinese manufacturing activity- a bellwether for the economy- weakened substantially in November, official and
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US LABOUR REPORT TO SET THE TONE FOR COMMODITIES MARKETS, DOLLAR INDEX 0
- Market, Stock Market
- October 8, 2022
Commodities may see increased volatility next week as well with the return of Chinese markets from Golden Week Holiday Commodities remained volatile amid fresh supply tightness concerns, prolonged inflation worries and Fed’s commitment to tame inflation despite fears of recession Recent comments by Fed officials clearly indicate that the financial market instability did not dissuade
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Oil prices dropped as the US rate hiked, but constrained supply remains a concern 0
- Economy
- June 17, 2022
Oil prices fell on Thursday, erasing early gains and heading down, a day after a drop sparked by a US interest rate rise, albeit tight supplies restricted losses. Brent crude prices were down 45 cents, or 0.4 percent, to $118.06 a barrel by 0906 GMT, while WTI crude futures were down 44 cents to $114.87,
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According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May 0

June 15, 2022

In May of this year, India’s palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent more RBD palmolein oil, according to the industry group Solvent Extractors Association (SEA). In May 2021, India, the world’s largest importer of vegetable oils, bought 7,69,602 tonnes of palm oils. This year in May, the

Today, Nirmala Sitharaman will introduce the single nodal agency dashboard 0

Economy

June 7, 2022

Finance Minister Nirmala Sitharaman will unveil a Single Nodal Agency (SNA) dashboard on Tuesday, which would allow ministries and agencies to track the flow of money to states and their use. According to a statement from the finance ministry, the SNA dashboard was created to provide stakeholders of the SNA model with the essential feedback

PSB fraud is down 51% to Rs 40,295 crore, yet the number of cases is still rising: RBI 0

India

May 16, 2022

During the financial year ending March 2022, public sector banks reported a 51% decrease in the amount involved in frauds, to Rs 40,295.25 crore, according to the Reserve Bank of India. The Reserve Bank said in response to a request under the Right to Information Act that the 12 PSBs (Public Sector Banks) recorded frauds