Tag: oil prices

Recession in the United States?

Newsroom24x7 Desk New York City:  For an incisive perspective on 1.What is the impact of lower oil prices on investment spending for the global economy? 2.Growth expectations for China? 3.The Fitch perspective on monetary policy in advanced economies outside the U.S.? Listen: Recession in the United States? (9 minute podcast) James McCormack, Global Head of

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Second hike in petrol, diesel prices within a fortnight

Newsroom24x7 Staff New Delhi: People across India received a huge shock on Friday evening as Petrol and diesel prices were hiked for the second time within a fortnight. Petrol prices were raised today by 3.13 per litre and diesel prices by Rs 2.71 per litre. Since taxes and levies differ from state to state, people

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Oil Price hike: People in India are feeling the pinch

Newsroom24x7 Desk New Delhi/Bhopal: After two successive cuts in recent days, petrol prices were hiked by Rs 3.96 per litre and diesel by Rs 2.37 a litre and the new rates became effective from past midnight. Oil rates were slashed by 80 paise per litre on petrol and Rs 1.30 a litre on diesel on April

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Excessively strong rupee is undesirable: Raghuram Rajan

 Reverse repo rate under the liquidity adjustment facility (LAF) stands adjusted to 6.5 per cent with immediate effect Newsroom24x7 Desk Mumbai: Reserve Bank of India Governor Raghuram G Rajan today issued a statement on Monetary Policy which draws attention to the RBI statement on monetary policy of January 15, 2015 to announce the decision to reduce the policy repo

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Steep fall in oil prices: Britain ponders about profitability of current oil and gas fields

Newsroom24x7 Desk London: One year since Sir Ian Wood, a Scottish businessman best known for his work in the North Sea oil industry with Wood Group completed his Maximising Economic Recovery (MER) Review, the marked reduction in global oil prices has brought into even sharper focus the significant risks facing the UK oil and gas industry. Responding

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