English all-rounder Tom Curran’s appeal to have his four-match ban overturned for intimidating an umpire during a recent Big Bash League match has been dismissed. Cricket Australia had charged Curran on Thursday with a level-three offence under clause 2.17 in the code of conduct following an incident that occurred during the Sydney Sixers’ team warm-up […]
US stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve Chairman Jerome Powell commenced his semi-annual, two-day monetary policy testimony before Congress. All three major U.S. stock indexes were languid in early trading before Powell’s prepared remarks were released as he sat down to testify before the Senate Banking Committee. “(Powell is) […]
By Royce Varghese WTI Crude oil futures ended the previous week 3.5% higher and closed at $92.09 per bbl, amid bullish IEA outlook, raising its oil demand estimate for 2022. The Paris based agency said higher natural gas and electricity prices will lead to more gas-to-oil switching and forecasted a near 20% drop in Russia’s […]
Benchmark indices NSE Nifty 50 and BSE Sensex trimmed some losses but ended Monday’s session broadly in red. The NSE Nifty 50 fell 121.15 points or 0.68% to 17,706.85 and BSE Sensex tanked 520.25 points or 0.86% to 59,910.75. In sectoral indices, Bank Nifty rose 130 points or 0.31% to 42,262.55, while Nifty IT plunged […]