03:14 PM @ 24/08/2023
Oil prices eased on Thursday amid disappointing economic data from key economies and as investors await a speech by U.S. Federal Reserve Chair Jerome Powell on Friday for clues on interest rates.SEE MORE11:57 PM @ 23/08/2023
The Indian economy is likely to have grown at 7.8% in the April-June 2023 quarter, a recent survey of economists conducted by ET says. The GDP growth is largely expected to have been driven by strong domestic demand, government investments, and a tentative recovery in private investment. These may have acted as a buffer against the ongoing global economic slowdown. The estimated range of GDP growth stood between 7.5% and 8.5% in the poll.SEE MORE11:41 PM @ 23/08/2023
China said on Wednesday its economic recovery "will be a bumpy and tortuous process", but insisted Western critics "will for sure be proven wrong".SEE MORE11:05 PM @ 23/08/2023
Oil prices were down 1% on Wednesday as a build in US gasoline stocks fed worries about demand after Japan and Europe posted gloomy manufacturing data.SEE MORE10:55 PM @ 23/08/2023
Leaders of the BRICS bloc of leading developing nations - Brazil, Russia, India, China and South Africa - have agreed mechanisms for considering new members, South Africa's foreign minister said on Wednesday.SEE MORE