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OIL HEADS FOR FOURTH STRAIGHT MONTHLY LOSS AS OPEC MEETING LOOMS 0

Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with focus now turning to a potential supply cut by the OPEC next week. London-traded Brent oil futures, the global benchmark, were flat at $87.50 a barrel by 21:55 ET (01:55 GMT), while

GOVT HIKES DA BY 4% UNDER 7TH PAY COMMISSION; DETAILS HERE 0

The Union Cabinet has hiked Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the 7th Pay Commission, The hike takes DA to 38 percent from current 34 percent of basic pay/pension. The Finance Ministry said that the central government employees and pensioners will become entitled to higher amount of Dearness

Asia FX Battered by Hawkish Fedspeak, Dollar Back at 20-Year Peak 0

Asian currencies plummeted on Wednesday, while the dollar surged to new 20-year highs on hawkish comments from Federal Reserve officials and growing safe haven demand. The dollar index jumped 0.4% to a new 20-year high of 114.68, while dollar index futures rose in a similar range. A broad market rout in risk-driven assets also drove

Indian economy showing resilience and recovery: CEA 0
- Market, Stock Market
- September 27, 2022
However, there are challenges, and geopolitics is messy for which foreign investors are cautious, the CEA said. Chief Economic Advisor (CEA) V Anantha Nageswaran has said the Indian economy was on the path to recovery but cautioned that foreign investors may remain cautious because of geopolitical challenges. Speaking at a virtual seminar organised by Swadeshi Research Institute,
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Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook 0
- Market, Stock Market
- September 26, 2022
Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global economic activity will dent demand for crude. London-traded Brent oil futures rose 0.3% to $85.29 a barrel, while U.S. West Texas Intermediate futures were unchanged at $78.67 a barrel by 21:30 ET (01:30 GMT). Both contracts
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CFPB Study Outlines Need for “Buy Now, Pay Later” Rules 0
- Market, Stock Market
- September 24, 2022
Researchers found BNPL often relies on data collection and other consumer risks. The Consumer Financial Protection Bureau (CFPB) is gearing up to place the same type of stringent protections it places on credit card companies on the “Buy Now, Pay Later” (BNPL) industry, following the release of a recent study on the practice. Officials said
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