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The Facebook Jio Deal

THE DEALFacebook, certainly the largest social media player based in USA, has invested Rs. 43,574 crores in Reliance Jio, a Reliance Industries Ltd. undertaking, for a 9.99% stake. The news came out on 22 April morning and triggered the bulls for both the shares on their respective markets. RIL (on NSE) closed at Rs. 1363.60 […]

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WTI Crude Oil Price Crisis

For the first time in the history-WTI Crude Oil futures price fell below zero and reached upto a negative of $40.32. US crude oil futures prices were down by 321% on Monday, with WTI crude oil price falling to almost $0 per barrel. This is the biggest single-day decline in the history of crude oil […]

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