New Delhi [India], Jan 30 (ANI): Chief Economic Adviser Arvind Subramanian on Tuesday argued that the estimated GDP growth for the next fiscal in the Economic Survey 2017-18 is based on the pre-assumed crude oil prices.
New Delhi [India], Jan 29 (ANI): Chief Economic Adviser Arvind Subramanian on Monday stressed on the importance of implementing rising oil prices, which are expected to have a detrimental impact on India's inflation, Gross Domestic Product (GDP) and consumption levels.
New Delhi [India], Jan 14 (ANI): Global headwinds like tightening of monetary stance by major central banks and increasing crude oil prices, coupled with domestic concerns like firming, inflation could halt the underlying Bull Run in stocks in 2018 and bring in lot more volatility going f
New Delhi [India], Nov 9 (ANI): Crude oil prices (Brent) have increased by 34 percent to USD 64.3/bbl in early Nov 2017 from USD 48.0/bbl in Nov 2016 - end when the Organization of the Petroleum Exporting Countries (OPEC) had decided to cut back on crude oil production, according to a report
Luanda [Angola], September 27 (ANI): Angola's first new president in almost four decades, Joao Lourenco, has vowed to rebuild an economy devastated by falling oil prices.
New Delhi [India], September 13 (ANI): Explaining high fuel prices, Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Wednesday said oil prices in the international market have increased in the last three months due to Hurricanes Irma and Harvey, and assured that it will cool do
New Delhi [India], Feb. 14 (ANI): Commenting on the Wholesale Price Index (WPI)-based inflation numbers that was released on Tuesday, Pankaj Patel, President, Federation of Indian Chambers of Commerce and Industry (FICCI) revealed that there has been an increase in inflation, primarily due t
New Delhi [India], Dec. 18 (ANI): The prospects for cut in the policy interest rates by the Reserve Bank of India (RBI) may be adversely affected by continuous pressure on rupee against dollar, firming of the U.S. interest rates along with the hardening of the crude oil prices, an ASSOCHAM P
New Delhi [India], Dec 15 (ANI): Oil prices on Thursday dropped after the hike in the US interest rates prompted a flood of money away from commodities and into US bonds and the dollar.