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June 15, 2021 6:58 PM

Oil prices rise to hit multi-year highs

Oil prices today rose to hit multi-year highs. Crude prices climbed amid optimism that demand will recover rapidly in the second half of this year. Brent crude was up to deal around late April 2019 prices while WTI gained to trade near a 32 month high.   In intra-day trade, Brent crude prices were t...

June 15, 2021 8:58 AM

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RBI releases Consultative Document on Regulation of Microfinance

Reserve Bank of India has released a Consultative Document on Regulation of Microfinance. It has been released for harmonising the regulatory frameworks for various regulated lenders in the microfinance space. Key proposals of the documents are, common definition of microfinance loans for all regula...

June 10, 2021 7:24 PM

3 major US stocks fall marginally ahead of key inflation data this week

The three major US stocks fell marginally yesterday ahead of key inflation data this week. A recent rally on Wall Street driven by strong earnings in May and growing expectations of economic recovery, appeared to have paused this week as investors awaited more cues on U.S. monetary policy.   The tec...

June 10, 2021 7:09 PM

Crude oil prices gain amid hope of rise in fuel demand summers

Crude oil prices gained amid hope of rise in fuel demand summers. Oil prices are near a 52-week high. Brent rose to trade above USD 72 a barrel while WTI bounced back above the USD 70 per barrel mark.   In intra-day trade, Brent crude prices were trading around USD 72.50 per barrel while WTI crude p...

June 10, 2021 2:28 PM

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