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Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil edges up on OPEC cuts, US sanctions against Venezuela and Iran

US crude oil production remained at a record 12.1 million bpd, an increase of more than 2 million bpd since early 2018.

7 March 2019 10:54 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee surges 30 paise against US dollar in early trade

Rupee opened strong at 70.08 at the interbank forex market and then gained further ground and touched 69.98.

7 March 2019 10:37 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex, Nifty extend rally to fourth day

The 30-share BSE Sensex was trading higher by 63.75 points, or 0.17 per cent, at 36,699.85.

7 March 2019 10:34 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

A short covering rally is due

The advance decline ratio was in favour of gainers on BSE with 1685 scrip's gaining and 1009 scrip's losing while 156...

7 March 2019 1:29 AM IST

Sensex opened higher at 26,756.66.

Sensex spurts 193 points; Nifty closes above 11,000-mark

NSE gauge Nifty also rose over 65 points to close above the psychologically key 11,000 level.

6 March 2019 4:13 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold, silver prices remain flat

Gold prices were remained almost flat at Rs 33,430 per 10 gram and, silver also remained steady at Rs 39,500 per kg at...

6 March 2019 4:11 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Draft e-commerce policy: Some stakeholders seek more time for...

Govt released draft e-commerce policy proposing setting up a legal and technological framework for restrictions on...

6 March 2019 3:36 PM IST

A fuel glut in China, a hangover from demonetisation in India, and an ageing, declining population in Japan are holding back crude oil demand growth in three of the worlds top four oil buyers.

Oil falls on rising US production, stockpile build

International Brent futures were down 55 cents, or 0.8 percent, at USD 65.31 a barrel.

6 March 2019 10:31 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee slips 11 paise against dollar in opening trade

Rupee is trading at 70.60 against dollar on increased demand for the greenback from importers and banks.

6 March 2019 10:09 AM IST

Sensex climbed 122 points to finish the day on high

Sensex gains 157 points, Nifty above 11,000

Sensex opened positively at 36,544.86 and further consolidated its gains to trade at 36,599.69.

6 March 2019 10:05 AM IST

They also urged Trump to ensure that Pakistan does more against the terrorist groups. (Photo:AP)

Trade issues through US eyes

India favours taking a broader view of their trade ties beyond the trade balance.

6 March 2019 2:33 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Stock rally may continue

The broader markets also gained in tandem with the BSE Mid-Cap up 2.01 per cent and Small-cap up 3.11 per cent.

6 March 2019 2:03 AM IST