Tiruppur and Noida apparel export industries are witnessing a surge in demand orders from various international clothing brands
According to the report, the Punjab & Sind Bank had posted a returns of 118 per cent while the Jammu and Kashmir Bank gave 104.69 per cent
Services PMI released by credit rating agency S&P Global improved to 55.1 in October from 54.3 in September
A 40-minute outage across three stock exchanges stalled equity trading in Canada, leaving some investors frustrated and others refusing to place orders even after it reopened.
Ukraine had its credit grade cut by S&P Global Ratings after the war-ravaged nation asked foreign creditors for permission to delay payments on its external debt after Russia's invasion
The S&P Global India PMI rose to 58.9 in May from 57.9 in April, the highest since April 2011
What are the lessons from Sebi's U-turn on splitting CMD role? What is the future of plant-based meat in India? How will crude oil prices play out in the days to come? What is Github? All answers here
Crude oil market, according to Goldman Sachs, is pricing in a far larger demand hit than during Delta - equivalent to no planes flying for the next three months
Global oil prices are hitting all-time highs. Let's look at why oil prices are surging globally and understand the dynamics of demand & supply in an interview with S&P Global Platts' Dr Kang Wu
"Globally, some countries with high rates of vaccination are learning to live with the coronavirus," said J Y Lim, Advisor for oil markets at S & P Global Platts Analytics.
Even with Covid concerns creating recent jitters in big consumers like China and US, the impact appears to be diminishing as the global economy recovers
The Covid-19 pandemic could increase budget deficits and indebtedness of state governments as spending needs to exceed revenue collected, S&P Global analysts YeeFarn Phua and Ruchika Malhotra said
International travel, according to Goldman Sachs is another key factor that is likely to trigger a demand rise, which in turn will keep oil prices elevated
However, once the lockdowns are lifted, Platts expects the pent-up demand to get released, which in turn will act as a catalyst for economic growth
The total oil demand in India, according to their estimate, had declined to 470,000 b/d in 2020
Platts Analytics expects India's oil demand in 2021 to recover to slightly above the level of 2019, with growth of 465,000 barrels per day in the year
Platts Analytics sees oil prices struggling to go beyond the mid-$40s/bbl mark by the end of calendar year 2020 (CY20) before creeping up to $50/b by end-2021
Platts Analytics sees continued growth in long-term petrochemicals demand as potentially delaying peak oil demand to 2021.
Currently, Brent prices are hovering around the $42/barrel mark
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