New Delhi: A rare trinity of rising crude oil prices, a strengthening dollar, and hardening US interest rates could pose a significant macroeconomic challenge to emerging markets, including India, say economists. The US 10-year treasury yield hit a 16-year high on Monday and was perched at 4.67%, at the time of going to press on … Read more
“There are certain trade-offs, but we will have to design tyres which are specifically meant for electric vehicles whether it is the commercial range or even in the passenger range. And we have been doing this,” says Anuj Kathuria, President, JK Tyre & Industries Tell us how the rubber prices have been moving, because as … Read more
“Q4, you will have a mixed bag. As I said, if the crude remains at lower prices, it is in Q1 that you will start to see that impact overall,” says Devina Mehra, Chairperson, First Global.What to your mind is going to be the central market talking point for next couple of months in the … Read more
At a time when global equities tumbled, and some even entered into a bear market, India stood strong and has given net positive returns primarily because of the promising domestic growth story. Kotak Securities expects the Indian economy to do well in the medium term, supported by a favourable policy environment. However, macroeconomic headwinds persist, … Read more
Although prices cooled down from their 14-year high hit in March, crude oil prices remain extremely volatile on uncertain macroeconomic conditions. A cut in global oil demand forecast by agencies like Energy Information Administration (EIA) and OPEC, easing tensions between Russia and Ukraine, concerns over China’s demand, and a G7-proposed price cap on Russian oil … Read more
Oil crises are here to stay, particularly in India. The playbook is now familiar. Crude oil price goes up and so do fuel prices and there is a standardised template for passing on the blame. But logically one would say that to reduce the impact of these crises, we need to be less import dependent. … Read more
SINGAPORE: Oil edged lower on Friday as China‘s COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products exports from Russia underpinned prices. Brent crude futures dipped 4 cents to $107.55 a barrel by 0040 GMT after rising 2.1% in the previous session. The front-month … Read more
Mumbai: Half of the components on the Nifty 50 index are likely to benefit from rising commodity prices and the rupee depreciation in FY22, according to a study by Motilal Oswal Financial Services. Metals along with oil and gas companies are direct beneficiaries of rising prices, while indirect beneficiaries include export-oriented sectors, especially IT, which … Read more
Rising crude prices could derail most economic fundamentals besides putting a pressure on the currency and other markets. Though the direct impact on fiscal deficit is not expected to be significant. Estimates by economists at public sector lender- Bank of Baroda- shows that a 10 per cent increase in crude prices could add to retail … Read more
SINGAPORE: Oil prices were mixed on Monday, with Brent edging up while U.S. crude futures slipped after airlines called off thousands of flights in the United States over Christmas holidays amid surging COVID-19 infections. U.S. West Texas Intermediate crude futures fell 41 cents, or 0.6%, to $73.38 a barrel by 0053 GMT. The contract did … Read more