Oil prices steadied on Monday after plunging nearly 8 percent in the previous session, but remain under pressure with Brent crude below $60 per barrel amid weak fundamentals and struggling financial markets. Front-month Brent crude oil futures were at $59.23 per barrel at 0202 GMT, up 43 cents, or 0.7 percent, from their last close.
The Reserve Bank of India (RBI) on Friday went public with its resistance to the Centre’s proposal to set up an independent Payment Regulatory Board (PRB) which will oversee all payment systems in the country stating that the proposed body “must remain with the Reserve Bank” and headed by the RBI Governor. Coming out strongly […]
Actor Nani, who made his television debut as the host of the second season of Telugu version of Bigg Boss, said the experience of being associated with the popular reality show introduced him to the real world. The show ended on Sunday as Kaushal Manda, one of the most popular contestants, emerged as the winner […]
The rupee weakened by 9 paise to 73.92 against the US dollar in early trade Tuesday on increased demand for the American currency from banks and importers. At the Interbank Foreign Exchange, the domestic currency opened higher at 73.79 but lost ground and fell to 73.92. Dealers attributed the rupee’s fall to the dollar’s strength […]