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Funding & Business

India’s Public Sector Banks Are Catching up With Private Lenders

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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. It looks like Indian stocks are set for a modest uptick this morning, thanks to the positivity in regional markets. The favorable US inflation data overnight is being seen as making a Fed rate cut more likely. India too had some good news on that front – inflation has cooled to multi-year low, which is a silver lining amid the gloom surrounding middling corporate earnings and trade tensions with the US. Key earnings to watch include Indian Railway Catering, United Spirits and Bharat Petroleum Corp.



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Funding & Business

Oil Traders Zero In on China’s Crude Buying as Glut Gets Closer

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As the oil market moves closer to a long-anticipated glut, traders are closely watching buying from China to see if it will absorb an excess that the world’s crude producing nations are set to pump.



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Funding & Business

These Are the Times for Which Gold Was Made

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This is what your gold is for.



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Funding & Business

Another US-Sanctioned Russian LNG Shipment Lands in China

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A second tanker carrying liquefied natural gas from a US-sanctioned Russian export plant arrived in China on Saturday, as Beijing continues to expand its relationship with Moscow in defiance of Washington.



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