16
Tuesday
July 2019
1:31 PM IST
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Business News
Oil prices fall amid weak US jobs data
 
New York: Oil prices dropped on Friday as weaker-than-expected U.S. jobs report raised concerns over global economic slowdown. U.S. job gains plunged to 20,000 in February while the unemployment rate declined to 3.8 percent, the Department of Labor reported Friday.

The growth in non-farm payroll jobs in February stood in stark contrast with the January number of 311,000, according to the report, which also said that the U.S. economy added an average of 223,000 new jobs per month in 2018. The European Central Bank on Thursday slashed its 2019 growth forecast to 1.1 percent from an earlier forecast of 1.7 percent.

The soft data and downbeat outlook increased worries that a slowing global growth may impact energy demand, experts noted. The West Texas Intermediate for April delivery fell 0.59 dollar to settle at 56.07 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery declined 0.56 dollar to close at 65.74 dollars a barrel on the London ICE Futures Exchange.


Huawei planning major job cuts in US: WSJ
China GDP growth slows to 6.2 pc in second quarter
RBI to come out with mobile app for currency notes identification
Nine of top-10 firms lose Rs 88,609 cr in m-cap
Pak, Afghan resume transit treaty negotiations
Blunt talk needed in country today, Murthy says, cites his spat with Sikka
Gadkari appeals to MSMEs to plant trees
Infosys Q1 net grows 5.2 pc to Rs 3,802 cr; ups revenue guidance to 8.5-10%
Vistara announces international operations; to launch services to Singapore
Zomato partners with TikTok; conducts food drive in 74 cities
Sebi slaps Rs 65 lakh fine on individual for fraudulent trading
HDFC to raise up to Rs 3,000 cr via bonds to augment long-term capital
80 city-centric plans coming soon to make earth green, sky blue again: Javadekar
Parliament passes Aadhaar amendment bill
RBI to discuss with govt issuance of sovereign bonds: Das
Guj CM orders to cancel permissions given to Sterling Port Ltd at Dahej
Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM
Forget about taxman; focus on business: CBDT to start-ups
Petrol price hiked by Rs 2.45, diesel by Rs 2.36 following tax hike in Budget
Sensex, Nifty start on a positive note ahead of Economic Survey
KERALA NEWS
Student Stabbed at University College: SFI leaders have gone absconding
 Thiruvananthapuram: SFI unit secretary Nazeem and president Sivaranjith, the two accused in the inci  
Ker CM takes a dig at Congress MLAs on quitting spree
Special Additional Sessions court permits Dileep to travel abroad
Biriyani from Kerala jail on go online
INTERNATIONAL NEWS
Taliban bomb kills at least 11 Afghans in Kandahar: Officials
 Kandahar: At least 11 civilians were killed and dozens more wounded Monday after their vehicle hit a
EU offers Sri Lanka support for counter terrorism initiative
World hunger is still not going down after three years and obesity is still growing : UN report
43 people die in Nepal floods
NATIONAL NEWS
Karnataka crisis: SC agrees to hear plea of 5 more rebel MLAs on Tuesday
 New Delhi: The Supreme Court Monday agreed to hear a plea of five more rebel Congress MLAs along wit
Demand to raise royalty on coal in Rajya Sabha
Death toll in Himachal building collapse climbs to 13
Man seriously injured as mobile explodes while speaking
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