Weather, bond turmoil to pressure economy, OECD warns Billions of dollars are expected to be added to the Australian government's debt interest bill as bond yields surge to 15-year highs. AAP · Sep 23
Three international bodies warn of risks of rising debt and soaring borrowing in major economies IIF highlights challenges facing US, France, UK and Japan, while OECD and IMF also voice global concerns The Guardian - UK · Sep 23
Where's the GDP debate? The world is raising a toast to India India’s 7.8% growth has the world taking notice. Fitch, S&P and Moody’s have all raised their forecasts, even as questions over the GDP numbers continue at home. The economy has held up better than expected, but with oil, inflation and tighter financial conditions looming, keeping up this pace may be… The Economic Times · Sep 23
Asian shares are mixed and oil prices fall after Trump says US and Iran met at the UN Asian shares are mixed after Wall Street holds near its record and U.S. futures are trading higher The Independent UK · Sep 23
Fears mount that next UN chief will downgrade climate action Experts say some of António Guterres’s possible successors could be ‘disastrous’ for efforts to tackle crisis The Guardian - UK · Sep 23
Sensex jumps 299 points, Nifty closes near 23,450 as oil dips below $99/barrel. What can trigger the next sharp rally on D-Street? The Indian stock market closed positively on Wednesday, with Sensex climbing over 299 points to stand at 74,828, and Nifty gaining roughly 118 points to reach 23,447. Broader market indices also performed well, with Nifty Midcap 100 and Smallcap 100 showing increases of up to 0.9%. Major sectors like metal… The Economic Times · Sep 23
India bonds little changed; traders track oil moves in run-up to RBI decision Indian government bonds remained stable early on Wednesday, supported by lower oil prices amid selling pressure. The benchmark 10-year yield hovered around 7% after declining slightly from previous levels. Analysts noted that Indian bonds have outperformed US Treasuries amid global market volatility and oil price fluctuations. Expectations for an interest… The Economic Times · Sep 23
Oil falls below $100 after Trump reports talks with Iran Brent crude fell on Wednesday morning after Donald Trump said US and Iranian representatives had held what he called “very productive” talks. Reports that Saudi Arabia is restarting a key oil pipeline also weighed on prices. Euronews · Sep 23
Europe may avoid wider jet fuel shortage, but smaller airports remain at risk Falling demand from November and increased shipments from Asia are expected to leave Europe with enough jet fuel in the coming months, although analysts warn that smaller airports could still run dry. Euronews · Sep 23
Zelenskyy, after meeting Trump, says ready for 'energy ceasefire' with Russia Volodymyr Zelenskyy said the proposal for an "energy ceasefire" was discussed as the two leaders held a 40-minute meeting on the sidelines of the United Nations General Assembly. He also warned that Ukrainian intelligence had detected preparations for what he described as a major new Russian attack. Writing on X,… The Times of India · Sep 23
Kenji Morimoto’s gochujang corn fritters and oyster mushrooms with butter bean mash – recipes Snacks never tasted so good: spicy corn fritters with a lime pickle-spiked yoghurt, and king oyster mushrooms laced with blackberries, pomegranate molasses and soy The Guardian - UK · Sep 23
Yotam Ottolenghi: ‘I’m addicted to my phone – cooking helps me switch off’ Ottolenghi says he’s as glued to his phone as the rest of us. But in the kitchen, he’s learning to switch off, lower the bar and embrace shortcuts – even the occasional takeaway. Lauren Taylor finds out why his new book is all about making cooking feel doable again The Independent UK · Sep 23
Sensex crossed 85K for first time 2 years ago, now down 10K points from milestone. What can trigger the next bull run? Two years ago, Sensex soared to an impressive 85,000, but the market has seen a steep decline since then. This downturn is attributed to several factors, including high crude oil prices and geopolitical instability. Analysts believe a change in macroeconomic conditions could help the index bounce back, relying heavily on… The Economic Times · Sep 23
'Passport to the future' or 'the new Dubai': Hunt for oil in Brazil's Amazon fuels hopes and fears Indigenous chief Wagner Karipuna gazes worriedly at the tranquil river flowing past his village in the Brazilian Amazon as he imagines the nightmare scenario of an oil spill being carried here by the tides. He fears an "immense disaster" if an oil leak off the coast is carried into the… The Economic Times · Sep 23
The Independent UK · Sep 23 Ukraine-Russia war latest: Nato jets scrambled in Poland and Romania as Putin hammers Kyiv Zelensky warns against use of AI in war and calls for ‘energy ceasefire’ with Russia
The Economic Times · Sep 23 New US Sanctions law gives Trump 'additional options' on Russian, Iranian oil: US State Department The recently signed US sanctions legislation concerning Russian and Iranian oil offers President Trump additional options for dealing with the conflict. There is currently no information available regarding its potential impact on India-US relations, despite India's imports of Russian oil. The Trump administration emphasizes that resolving the Russia-Ukraine conflict remains…
The Economic Times · Sep 23 Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say? Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.17 a barrel.
The Economic Times · Sep 23 Donald Trump to meet Venezuela's Rodriguez for first time since Maduro's capture US President Donald Trump is scheduled to meet with Venezuela's interim President Delcy Rodriguez during the UN General Assembly. The meeting is significant as it marks Rodriguez's first visit to the US since taking office. Protesters gathered outside the UN to demand free elections in Venezuela, holding signs critical of…
The Economic Times · Sep 23 Dollar holds near 2-month high as markets weigh rate hikes, Iran diplomacy The dollar stands firm near a two-month high, driven by projections of interest rate hikes. In contrast, oil prices are retreating as optimism grows for a diplomatic solution in the Middle East. Market sentiment on currency values is swayed by the Federal Reserve's ongoing tightening strategy. Experts believe recent actions…
The Economic Times · Sep 23 Oil falls on increased Gulf supply and hopes for US-Iran talks Oil prices experienced a decline as Saudi Arabia resumed its key pipeline operations to the Red Sea. This development, coupled with rising hopes for a diplomatic resolution to the US-Iran tensions following recent discussions in New York, led to a positive market reaction. Brent crude fell below $100 a barrel…
The Economic Times · Sep 23 Global Market Today: Asian stocks rise after US tech rally, oil drops MSCI’s Asia Pacific equity index climbed 0.3%, a sixth straight day of gains, with Japanese markets closed for a holiday. Bellwether chip stocks such as Samsung Electronics Co. and SK Hynix Inc. climbed.
The Economic Times · Sep 23 Iran military condemns Trump's "hostile" remarks at UN, calls them 'tool for domestic propaganda' Iran's General Staff of the Armed Forces condemned US President Donald Trump's remarks made at the UN General Assembly. The military authorities accused Trump of using threats and propaganda to create insecurity around the world. Trump warned of potential military action if a peace deal with Iran was not achieved.…
The Economic Times · Sep 23 Trump says Witkoff, Kushner met Iranian officials, shortly after warning he may 'annihilate' Iran US President Donald Trump met with Iranian officials while attending the UN General Assembly to address ongoing tensions. This engagement follows months of stalled communications after a collapsed ceasefire in June. Trump mentioned a possible meeting with Iran's President Masoud Pezeshkian during the assembly discussions. Meanwhile, discussions concerning the war…
The Economic Times · Sep 23 Stocks in news: Adani Group, OMCs, Persistent Systems and IRB Infra The Indian stock market closed lower on Tuesday, with profit-taking affecting investor sentiment. Adani Group companies resolved their SEBI adjudication issues tied to potential infractions. Focus turned to oil marketing firms in light of a sharp fall in crude oil prices. Persistent Systems expanded its stake in Nagarro, eyeing a…
Barchart · Sep 22 Cotton Fall Back on Tuesday Cotton futures closed out the Tuesday session with contracts down 16 to 55 points across the board. Crude oil was down 57 cents per barrel on the session, with the US dollar index back up $0.084. USDA’s Cotton Ginnings report showed 429,250 RB of cotton ginned by September 15. That...