OPEC+ agrees on 2 million barrel per day output cut to support oil prices

The panel of OPEC+ ministers on Wednesday recommended trimming the group’s output limits of 2 million barrels a day to support oil prices. (Reuters)

The panel of OPEC+ ministers on Wednesday recommended trimming the group’s output limits of 2 million barrels a day to support oil prices. (Reuters)

2 min read . 07:57 PM ISTLivemint

FDs are risk-free and offer guaranteed returns to investors. They are perfect for those who do not want to take risks in market-related instruments. (iStock)

FDs become attractive as major private banks hike rates all thanks to RBI

4 min read . 04:30 PM IST

Mint Premium

The political crisis has been averted, but Prime Minister Liz Truss — believed to be a co-author of the tax proposals — looks vulnerable already. Photo: Bloomberg

Premium

After tax cuts, will Truss make a U-turn on ideology too?

4 min read .12:54 PM IST

Why did Prosus back off from a deal which would have made PayU the undisputed market leader? Blame Byju’s and PayTM. Photo: Reuters

Premium

Prosus spares itself buyer's remorse in a bad climate f ....

4 min read .01:45 PM IST

North Korea's Supreme leader Kim Jong Un is developing hypersonic and rail-fired missiles designed to defeat the US and South Korean defence systems. Photo: AFP

Premium

Mint Explainer: The message in missile North Korea fire ....

4 min read .03:09 PM IST

FY24 fresher hiring is likely to drop by 20% as companies will focus on getting the delayed recruits to start working on client projects. Photo: iStock

Premium

IT companies likely to slash campus hiring in FY24

4 min read .01:49 PM IST

The net surplus on the export of services is expected to partly offset the higher trade deficit. Photo: Bloomberg

Premium

What lies next for India’s shaky exports story

3 min read .01:49 PM IST

The MSME sector faces a credit gap of ₹20-25 trillion (against ₹22.3 trillion outstanding, as of August 2022). Photo: Bloomberg

Premium

Credit to MSMEs gathers pace, but needs a tech push

4 min read .01:50 PM IST

A spate of scandals had hit Credit Suisse in the recent past. Photo: Reuters

Premium

How accurate is the online speculation on Credit Suisse?

6 min read .04 Oct 2022

Though Apple accounts for just 4% of the smartphone market in India, it has gained from a general boost in sales of premium phones. Photp: AP

Premium

iPhone sales in India headed for another record

4 min read .01:50 PM IST

Helena Helmersson, the CEO of Hennes & Mauritz, says her company has seen the clearest bounce-back in India after the pandemic.

Premium

India is a promising market for exports: H&M’s Helmersson

5 min read .01:51 PM IST

Marico shares are up 15.5% from their 52-week low seen in January. Meaningful volume growth is a key trigger and so is diversification into the foods segment.

Premium

Marico’s Q2 update fails to lift spirits

3 min read .01:51 PM IST

The systemic improvement in credit growth augurs well for Federal Bank. Photo: Pradeep Gaur/Mint

Premium

Federal Bank sets high expectations for September quarter

2 min read .01:52 PM IST

Buildings in Ameerpet brim with coaching centres that promise to up-skill fresh graduates in the latest IT skills. Photo: Devina Sengupta

Premium

Upskilling hub Ameerpet spells both promise and peril

9 min read .01:52 PM IST

Congress leader Mallikarjun Kharge is seen as the party presidential candidate backed by the high command.

Premium

Mint Explainer: How the Congress party elects its president

4 min read .04 Oct 2022

investment in a good VC fund in the last few vintage years would have generated good risk-adjusted returns.. Photo: Mint

Premium

Venture capital funds score over listed equity among AIFs

7 min read .01:53 PM IST

The US Fed is now gradually withdrawing some of the money it printed. Photo: AFP

Premium

Over-printing of money to spur growth has upped risks

5 min read .01:53 PM IST

Central bankers have highlighted the systemic risk to banking posed by fintech operators in spite of their immense benefit.. Photo: iStock

Premium

Fintech’s capital constraints can impact credit profiles

5 min read .01:54 PM IST

Oracle had to cough up a whopping $23 million in fine to settle charges that its officials bribed to secure a contract from an Indian Railways subsidiary. Photo: Reuters

Premium

The Oracle case shows India’s anti-corruption laws are ....

5 min read .04 Oct 2022

Senior Citizen Care FD is a special-fixed deposit programme offered by HDFC Bank since May 18, 2020, with a higher interest rate benefit for senior citizens. (MINT_PRINT)

HDFC special fixed deposit scheme for senior citizens extended till March 2023

2 min read . 06:44 PM IST

In the fiscal ended March 31, 2022, OYO it had posted a loss of ₹1,939.8 crore.

IPO-bound OYO valuation dips in pvt market after reported markdown by SoftBank

2 min read . 11:31 AM IST

An armed police officer patrols outside the OPEC Secretariat building ahead of the 33rd meeting of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries in Vienna, Austria, on Wednesday, Oct. 5, 2022. OPEC+ is considering its biggest production cut since 2020 as it tries to stabilize oil prices, a move that risks cranking up tensions with Washington. Photographer: Akos Stiller/Bloomberg (Bloomberg)

OPEC+ considers output-limit cut of 2 million barrels a day

2 min read . 03:34 PM IST

The click chemistry that won Morten Meldal, Barry Sharpless, and Carolyn Bertozzi this year's Nobel Prize in Chemistry (Nobel Prize/ Twitter)

What is Click Chemistry that won chemistry trio Nobel Prize?

2 min read . 06:26 PM IST

FTSE Russell kept the India's bonds on index watch in its review last week.

JPMorgan refrains from adding India to bond index, keeps on watch

3 min read . 10:36 AM IST

FILE PHOTO: An image of Elon Musk is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo (REUTERS)

Explained: Why does Elon Musk want to buy Twitter again?

2 min read . 04:28 PM IST

Punit Goenka will continue to be the combined company’s MD and chief executive. (Photo: Mint)

Zee-Sony merger wins CCI approval with modifications

4 min read . 06:17 AM IST

Power Point

Tax implications of moonlighting you must know

2 min read . 11:12 AM IST

From The Wall Street Journal

The WTO expects exports and imports to increase by just 1% in 2023.

WTO forecasts sharp slowdown in global trade

5 min read .05:27 PM IST

Biden’s program would relieve up to $10,000 in debt for federal student-loan borrowers, or up to $20,000 for borrowers who received Pell Grants when they were in college ( Photo: ThinkStock)

Biden’s student-loan forgiveness test: Processing milli ....

5 min read .04:58 PM IST

Options have boomed in popularity in recent years, with many institutional and individual investors piling in since the onset of the Covid-19 pandemic

Traders pile into boom-or-bust options to play stock ma ....

4 min read .05:06 PM IST

The price of grain ripped higher earlier this year but wheat is now down 30% since May prices (Photo: AFP)

Commodity-trading hedge funds are having a strong year

4 min read .05:14 PM IST

Perhaps explanation of his reversal will be soon forthcoming from Elon Musk himself on his favorite medium—Twitter (Photo: Reuters)

Twitter’s odd victory over Elon Musk

4 min read .05:23 PM IST

World chess champion Magnus Carlsen last month suggested that American grandmaster Hans Moke Niemann, 19-year-old, was a cheater (Photo: Reuters)

US chess grandmaster ‘likely cheated’ more than 100 tim ....

8 min read .05:40 PM IST

Fed’s rate increases defy all the rules

5 min read .07:38 PM IST

President Vladimir Putin formalised the annexation of four Ukrainian regions on Wednesday despite major battlefield reversals in recent days (HT)

Russia asserts annexed Ukraine territories will 'never be given back'

2 min read . 04:32 PM IST

Cinema tickets now cost ₹350-450 or even higher, depending on the property and show timing. mint

Theatre chains mull cheaper tickets to draw viewers

3 min read . 06:19 AM IST

Women workers make soft toys using recycled fibre separated from cigarette filter tips at a cigarette butts recycling factory in Noida. (REUTERS)

From stubs to soft toys, an Indian factory reprocesses cigarette ends

1 min read . 11:59 AM IST

Trending Stocks

×

Get alerts on WhatsApp

Set Preferences My Reads Watchlist Feedback Redeem a Gift Card Logout