Oil prices steady amid worries of severe economic slowdown

LONDON, Mar 25 (Reuters): Oil prices were steady on Monday, with concerns of a sharp economic slowdown competing with support from tighter supply due to OPEC's production cutbacks and US sanctions on Iran and Venezuela.Brent crude oil futures were down 7.0 cents, or 0.1 per cent, at $66.96 per barrel...

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Jet Airways founder Naresh Goyal steps down amid crisis

The founder of cash-strapped Indian airline Jet Airways has stepped down as chairman of the company, reports BBC.Naresh Goyal's resignation will likely pave the way for potential investors to save India's oldest private carrier.They were held back by Mr Goyal's reluctance to give up control of the company, reports say.Jet's...

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Global Commoditiy

Gold prices riseBENGALURU, Mar 25: Gold prices rose on Monday as investors' appetite for riskier assets faded on concerns about a potential US recession and decelerating global growth, increasing appeal for the bullion alongside yen and bonds. Spot gold gained 0.3 per cent to $1,316.40 per ounce as of 0800...

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