Tag Archives: announced

Nirmala Sitharaman gets finance ministry, Amit Shah home as Modi 2.0 portfolios announced

Former Defence Minister Nirmala Sitharaman has been appointed as the new finance minister with former home minister Rajnath Singh getting the defence portfolio in Prime Minister Narendra Modi’s new Cabinet. Amit Shah will be the new home minister. Former foreign secretary S Jaishankar will helm the Ministry of External Affairs, a press statement from the Rashtrapati Bhavan said. Former textile ... Read More »

Oil prices fall as production creeps up ahead of announced 2017 output cut

Oil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid nagging concern that output cuts, planned as part of concerted action between producer club OPEC and Russia, might not be as big as initially anticipated. Brent crude futures were trading at $53.89 per barrel at 0132 GMT, down 57 cents, or over 1 ... Read More »