India's trade deficit in March was the highest in four months, at $11.79 billion, as exports continued to fall, underscoring risks for growth prospects in Asia's third largest economy.
Al Qaeda is back on the minds of energy traders after they took control of the major Riyan Airport and the Dhabah oil terminal on the Arabian Sea Coast.
The Reserve Bank of India (RBI) is reported to be "deeply concerned" over the sudden jump in gold imports into the country during the month of March this year.
Ten years ago almost to the day Matthew Simmons wrote his iconic peak oil best seller "Twilight in the Desert" with the premise that that Saudi oil and crude oil production globally could soon approach a serious, irreversible decline.
It will still take years for more companies to follow the trend and to develop products customers will use but it might just as well be the case that the movement has already begun.
