Oil prices fell on Monday on worries about slowing demand in China, the world’s biggest oil importer. Brent crude futures were down 13 cents, or 0.2%, at $79.55. U.S. for America West Texas Intermediate crude futures were down 0.2%, or 13 cents, at $76.52 a barrel. The country’s industrial production fell and unemployment rose. That…
India’s real GDP growth in the second quarter of FY24 may have exceeded the 6.5% growth rate the Reserve Bank of India (RBI) had predicted. The forecasts vary from 6.2% to as high as 6.9%, while the majority have updated their projections upward. Economists cite sequentially higher government consumption spending and relatively strong consumption demand…
According to statistics issued by the government on Tuesday, the growth of India’s eight key sectors fell to a four-month low of 8.1% in September from a 14-month peak of 12.5% in August. This was mainly because of a dramatic fall in the increase in the production of power, crude oil, and refinery products. September…
