Tag Archives: demand

News Live: Godrej Agrovet IPO draws heavy demand, oversubscribed 95 times

Top Headlines:1. The GST Council announces steps to ease compliance burden on small businesses 2. Anti-nuclear campaign ICAN wins 2017 Nobel Peace Prize 3. Aadhaar now mandatory for post office deposits, PPF, and National Savings Certificate 4. Devalue rupee or provide stimulus: India faces difficult choices in bid to boost growth 5. Despite cut, Moody’s says fuel rate 2.5 times of Singapore benchmark ... Read More »

German exports fall in July after global demand weakens

German exports fell sharply in July, posting their steepest drop in nearly a year, after the country’s goods saw lower global demand. Seasonally adjusted exports fell 2.6% compared with the month before, the biggest monthly drop since August 2015. The figures from Destatis followed economic data that painted a gloomy picture for German manufacturing. Industrial orders barely rose in July ... Read More »

EU hits Apple with 13 billion euro Irish tax demand

The European Commission ordered Apple Inc. to pay Ireland unpaid taxes of up to 13 billion euros (11 billion pounds) on Tuesday as it ruled the firm had received illegal state aid. Apple and Dublin said the U.S. company’s tax treatment was in line with Irish and European Union law and they would appeal the ruling, which is part of ... Read More »

China steel, iron ore fall for second day on demand worries

Chinese steel and iron ore futures dropped for a second day on Wednesday, reflecting concerns over weak demand as construction activity slows during the summer. After months of strong steel production as mills responded to a rally in prices earlier this year, output in China, the world’s top producer, could slow along with consumption, the China Iron and Steel Association ... Read More »

Home loan demand falls overall, but investors return to property market

Demand for home loans fell in March, although the value of investor loans rose, suggesting investors have headed back to the market despite a crackdown by banks and regulators. The data from the Bureau of Statistics showed the number of loans taken out by owner-occupiers dropped by 0.9 per cent over the month to 56,316, seasonally adjusted, although they are ... Read More »

Column: India’s thirst for gasoline helps spur global oil demand – John Kemp

India’s gasoline consumption is surging and has become one of the fastest-growing components of global oil demand. With other parts of the global economy struggling, continued growth in gasoline consumption in India, together with the United States and China, has become one of the most important indicators for global oil prices.  Saudi Arabia and other members of the Organization of ... Read More »

Column: India’s thirst for gasoline helps spur global oil demand – John Kemp

India’s gasoline consumption is surging and has become one of the fastest-growing components of global oil demand. With other parts of the global economy struggling, continued growth in gasoline consumption in India, together with the United States and China, has become one of the most important indicators for global oil prices. Saudi Arabia and other members of the Organization of ... Read More »