Oil prices climb 1% on fears of tighter supply

Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output. Brent crude futures rose 87 cents, or 1.0 percent, to $88.76 a barrel by 0100 […]

Sensex reclaims 60,000 mark; FPI buying, macroeconomic data buoy sentiment

The Sensex reclaimed the 60,000 mark after seven weeks, despite rising Covid-19 cases, as the benchmark indices closed higher for the fourth straight session on Wednesday. Inflows from foreign portfolio investors (FPIs), expectations of good quarterly results, and optimism triggered by positive macroeconomic numbers enthused investors. The Sensex gained 367 points, or 0.6 per […]

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