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shale oil, oil rig

US shale oil industry gets a major boost after largest deposit found in Permian Basin

The deposit, estimated to be worth $900 billion, brings good news for the oil mining industries in the area, but can have ecological implications. Dec 28, 2016
Narendra Modi

PM Narendra Modi could spring a surprise for stock markets at Lucknow rally on Jan 2

The January 2 rally could well be the opportunity to tell Indians about the gains Modi planned in return for the pain endured for 50 days. Dec 28, 2016
bse sensex, nse nifty, india, stock markets, wipro, maruti suzuki, niti aayog, modi

Sensex, Nifty extend gains; Kotak Mahindra Bank manager arrested over money laundering charges

Benchmark index Sensex rally was led by Wipro and Adani Ports; Kotak Mahindra Bank manager arrested by ED for alleged money laundering. Dec 28, 2016
India budget security, india budget 2017

Budget 2017: The halwa ceremony and the secrecy shrouding India's annual financial statement

Apart from economic priorities, India's finance minister has to deftly cope with political pressures and conflicting demands while outlining the Budget. Dec 28, 2016
donald trump, donald trump, us stock markets, djia donald trump, S&P 500, Nasdaq, donald trump speech, wall street donald trump

Tech start-ups set to flood Wall Street with IPOs in 2017: Report

Bullish sentiments after Donald Trump's victory are likely to see at least 30 start-ups go for IPOs in 2017. Dec 27, 2016
bse, nse, nifty, sensex, india, stock markets, modi

Sensex gains 400 points, Nifty up 1.6%; ITC, Tata Steel, Adani Ports lead rally

Benchmark indices Sensex and Nifty reversed losses of past few sessions on Tuesday. Dec 27, 2016
bse bombay stock exchange losers gainers building people employees sensex

ITC, Tata Steel, Adani Ports drive Sensex rally; Modi govt announces schedule for GDP estimates

At around 1.50 pm, the Sensex was up 209 points at 26,016 led by ITC, Tata Steel, Adani Ports; GDP schedule for January 2017 released. Dec 27, 2016
Oil markets

Oil gains post-Christmas ahead of OPEC, non-OPEC cuts

Oil has been supported in the past several weeks as the OPEC and non-OPEC members have agreed to lower output. Dec 27, 2016
gold, india, prices, gold demand, world's fatest-growing economy, demonetisation, modi

Gold prices fall 11%, silver down 12% since PM Modi's demonetisation decision

Ever since PM Narendra Modi's demonetisation of high-value currencies, gold and silver prices have been falling. Dec 26, 2016
intellect design arena, intellect design share price, intellect design arena news, rekha jhunjhunwala sells, rakesh jhunjhunwala intellect design arena, bse sensex, nse nifty

Sensex sheds almost 250 points, NSE down 1%; Axis Bank, Cipla, Adani Ports, SBI top losers

Benchmark indices Sensex and Nifty open on a weak note and slipped further; Cipla, Adani Ports, SBI are buzzing stocks. Dec 26, 2016
budget 2017 and stock markets, union budget 2017, stock markets live updates, arun jaitley, sensex live update, nifty live update

Sensex, Nifty may react to PM Modi's hint at taxing LTCG; Maruti Suzuki, ONGC to buzz

Modi's comment that those who make money from financial markets should pay taxes for nation-building is being seen as hinting at long-term capital gains tax. Dec 25, 2016
Deutsche Bank, DoJ, investors, Deutsche Bank Share price

Deutsche Bank, Credit Suisse settle multi-billion dollar lawsuits over US mortgage probe

While Deutsche Bank will pay $7.2 billion, Credit Suisse has agreed to pay $5.28 billion for wrongly selling subprime loans and manipulating foreign exchange rates. Dec 23, 2016
Oil prices

Oil prices fall on profit taking, strong dollar

A strong dollar makes greenback-denominated commodities, including oil, more expensive for holders of other currencies. Dec 23, 2016
voltas, investor meet, share price, bse sensex, nse nifty

Sensex, Nifty down for 8th straight day; Voltas slumps after investor meet

Shares of Tata Group firm Voltas dropped sharply after Thursday's investor meet, indicating bleak business prospects; Sensex, Nifty lose again. Dec 23, 2016
India's oil demand

Budget 2017: As oil prices rise on a slippery path, beware of a dead cat bounce

A supply glut and changing world demographics will act as sufficient ingredients for volatile or direction-less oil prices in 2017. Dec 22, 2016
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