Morning Masala

Here is what others are talking about today:

Asia stocks climb as Fed goes gradual; oil takes a spill

Asian stock markets rise, as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy.

Gold dips in choppy trade after Fed rate hike

 Gold prices fell, giving back some of its overnight gains, in choppy trading after the Federal Reserve raised U.S. interest rates for the first time in nearly a decade.

India to allow more state-run companies to sell coal

 India will allow more state-run companies to sell coal to industry, according to a government statement, in a bid to bolster the country’s coal production and reduce imports.

Crude falls after U.S. fed rate hike, inventory gains

Crude futures fell in Asian trade, adding to sharp losses the previous session after the Federal Reserve raised rates for the first time in nearly a decade and official figures showed a surprise build in U.S. inventories.

Good Things Come to Those Gas Bulls Willing to Wait Two Years

Don’t fret, U.S. natural gas bulls. Futures prices point to better days ahead — if you’re willing to wait two years.

It’s wrong to deny gas to the fertiliser sector

The manner in which gas is allocated within the fertiliser sector smacks of arbitrariness. The Centre gives a uniform subsidy to all manufacturers, including those of decontrolled complex fertilisers, under the Nutrient Based Scheme (NBS) .

Sharad Joshi: The man who shunned freebies, sought free mkts for farmers

Sharad Joshi, an extra-ordinary leader of farmers, breathed his last on December 12. May his soul rest in peace. But the key message of his illustrious life must be carried forward as a tribute to his struggle, the principles he stood for, and the courage and conviction he showed in uplifting the lives of farmers in India.

 

 

 

 

 

 

 

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