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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 prices fall as Trump demands OPEC reduce pricing now'

OPEC together with a group of non-OPEC producers led by Russia started to withhold output in 2017 to prop up prices.

5 July 2018 9:45 AM IST

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

Sensex rises for 2nd day; bank, auto stocks lead rally

NSE Nifty, after hitting a high of 10,777.15, closed at 10,769.90, up 70 points, or 0.65 per cent.

4 July 2018 4:22 PM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold climbs Rs 210 on global cues, jewellers' buying

Globally, gold rose 0.32 per cent to USD 1,256.30 an ounce in Singapore.

4 July 2018 3:51 PM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

SME IPOs garner Rs 825 crore in April-June quarter

A total of 47 companies got listed with initial shares-sale offers during April-June quarter of 2018-19.

4 July 2018 1:54 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold futures rise 0.19 per cent on positive global cues

Gold is trading at Rs 30,550 per 10 grams in futures trade tracking a firming trend overseas.

4 July 2018 11:55 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex, Nifty turn choppy on weak global cues

The 30-share index trading lower by 54.01 points, or 0.15 per cent, at 35,324.59.

4 July 2018 10:17 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee gains 10 paise in opening trade

A higher opening in the domestic equity market influenced the rupee uptrend.

4 July 2018 10:05 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices climb on tightening US market

US crude inventories fell by 4.5 million barrels in the week to June 29 to 416.9 million barrels.

4 July 2018 8:51 AM IST

Opening on a weak note, the Sensex shuttled between 26,720.98 and 26,447.06 and settled lower 31.01 points, or 0.12 per cent, at 26,595.45.

Sensex rebounds 114 points in see-saw trade

Markets benefited from value buying in recently battered stocks amid mixed overseas cues.

3 July 2018 4:23 PM IST

Sources claim that the voting percentage went down by 10 per cent in comparison to 2015 Assembly elections. According to reports, around 53 per cent voting was recorded on Monday. (Representational image)

Lok Sabha elections to influence market sentiment, Nifty targets...

The thrust on rural and agricultural economy is a certainty in the election year.

3 July 2018 3:42 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold maintains downtrend on weak global cues

Gold is trading at Rs 31,360 per ten grams amid fall in demand from local jewellers.

3 July 2018 3:38 PM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Sensex rebounds 150 points, Nifty reclaims 10,700-mark

The Sensex made a smart recovery by rising 150 points to 35,415.03 in afternoon trade.

3 July 2018 1:01 PM IST