UK petrol prices could rise by 3p a litre after Opec oil deal

Households face further pressure from rising inflation as experts predicted a surge in petrol prices following an agreement by oil producers to cut global output. The cost of petrol is close to rising above £1.20 a litre in some parts of the UK after a weekend deal between members of the Opec oil cartel and non-Opec countries. The AA motorists’ More...

by subhadip | Published 2 months ago
By subhadip On Monday, November 7th, 2016
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FTSE 100 gains £28bn on hopes of Clinton win in US election

  The FTSE 100 has joined other world stock markets in surging after the FBI halted its latest investigation into Hillary Clinton’s use of emails. London’s premier share index closed 1.7%, or 113 More...

By admin On Thursday, September 8th, 2016
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5 Things You Never Knew About the GBP-USD Currency Pair

FX trading is one of most used service you can find in the trading industry. Fx stands for Forex and Forex trading has been around for a while now. GBP-USD FX pair is famous and longest trading business in the More...

By subhadip On Tuesday, February 23rd, 2016
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Australian dollar hits two-month high

THE Australian dollar has hit a two-month high following a strong bounce back in commodity prices. At 0700 AEDT on Tuesday, the local unit was trading at 72.28 US cents, up from 71.74 cents on Monday. Bank of More...

By subhadip On Wednesday, February 17th, 2016
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FDI inches up to $648m

Foreign direct investment (FDI) rose by around over five per cent year-on-year to $648 million during the first seven months (July-January) of 2015-16, the State Bank of Pakistan (SBP) said on Tuesday. However, More...

By subhadip On Wednesday, February 17th, 2016
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Akzo Nobel to buy BASF coatings for 475 million euros

The sign of AkzoNobel is pictured at its headquarters in Amsterdam February 6, 2014. REUTERS/TOUSSAINT KLUITERS/UNITED PHOTOS Paint and coatings maker Akzo Nobel (AKZO.AS) has agreed to buy BASF’s (BASFn.DE) More...

By Crish On Wednesday, January 20th, 2016
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Indian rupee at over two-year low after ECB stimulus, Fed rate hike fear

Dec 4 The Indian rupee slumped to an over two-year low on Friday, tracking weakness in global markets after the European Central Bank’s stimulus package fell short of expectations and renewed fears of a U.S. More...

By Crish On Wednesday, January 20th, 2016
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UPDATE 1-Indian rupee hits more than 2-year low; cenbank intervenes

* Rupee hits more than two-year low at 67.01/dlr * Rupee may weaken to 67.50 close to Fed meet – traders * Fed fears weigh on India; shares fall (Updates with quotes, details, background) By Neha Dasgupta MUMBAI, More...

By Crish On Wednesday, January 20th, 2016
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Indian state-run banks likely sold dollars to stem rupee fall – traders

Jan 4 India’s state-owned banks likely sold dollars on behalf of the Reserve Bank of India to prevent the local currency from weakening further, three FX traders told Reuters on Monday. State-owned banks were More...

By Crish On Thursday, January 14th, 2016
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Rupee falls to weakest since 2013 crisis levels

A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India, May 6, 2015. The rupee fell on Thursday to its weakest since September 2013, when the country was still in the midst of its More...