Business

Oil Prices Fall On Strong Dollar, Trading Thin Ahead Of OPEC Meeting

Oil Prices Fall On Strong Dollar, Trading Thin Ahead Of OPEC Meeting

OPEC is expected to discuss an all-member-production cut of 4-4.5%, excluding Libya and Nigeria, Reuters reported on Tuesday, citing three sources within the cartel in Vienna. US West Texas Intermediate (WTI) crude rose nine cents to US$48.05. OPEC oil ministers meet on Wednesday in an effort to finalise their deal. USA commercial crude oil inventories were forecast to have risen for a fourth consecutive week, gaining 700,000 barrels last week, ahead of data from the American Petroleum ...



McFarland to join Trump administration, Flynn tweets

McFarland was an aide in the administrations of Presidents Richard Nixon, Gerald Ford and Ronald Reagan and is now a security analyst for Fox News . Trump noted that McGhan would 'play a critical role in our administration'. She ran unsuccessfully for a U.S. Senate seat from NY in 2006. She has for the most part remained out of public view since conceding the presidential election to Donald Trump on November 9, except for a speech at an event held in Washington by the Children's ...



Iraq Now Says It Will Join OPEC Output Cuts

President Nicolas Maduro of Venezuela said Wednesday that a deal to cut output was "imminent" and asked his oil minister to talk to Russian Federation in an attempt to bring non-OPEC members to support he deal. Abadi's comments are the clearest indication so far that Baghdad will support an OPEC plan to cut production when it meets on November 30 in Vienna.


Rahul Gandhi calls demonetisation a scam, wants JPC to probe

Rahul Gandhi calls demonetisation a scam, wants JPC to probe

Members from the Congress, Samajwadi Party, Communist Party of India-Marxist, Communist Party of India, Janata Dal-United, Trinamool Congress, Nationalist Congress Party and DMK protested outside Parliament. Opposition parties are gearing up to open another front against the NDA. Congress leader Mallikarjun Kharge said the opposition was ready for a debate and accused the government of not wanting to debate the issue which has sparked a cash chaos across the country.


Shoppers hunt for deals, hit the shops for entertainment

Shoppers hunt for deals, hit the shops for entertainment

He still believes the weekend's sales will be up over past year because shoppers did a lot of buying, including flat-screen TVs . Both kinds of customers were at the Mall of America in Minnesota - which was closed on Thanksgiving this year - on Friday morning.



Govt to levy close to 60% deduction on unaccounted deposits in banks

There would also be a four-year lock-in period for half of the remaining 50 per cent that escapes the tax. The government had after the shock demonetisation, given a 50-day window beginning November 10 for either depositing the 500 and 1,000 rupee notes in circulation or exchanging them for new currency.