Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US Dollar index kept the Indian currency under pressure.
Covid-19, currency depreciation, Ukraine - Russia War and increase in crude oil prices have primarily caused losses to the aviation industry in the country during last three years, said the Ministry of Civil Aviation on Thursday.
New York [US], December 21 (ANI/NewsVoir): CanAm Enterprises ("CanAm") is pleased to announce the closing of its USD 28 million EB-5 loan for Phase II of the Jefferson Energy Terminal - which will fund a further expansion of the facility to support nearby refinery businesses and create more
"The suspension of trading in the above contracts has been extended for one more year beyond December 20, 2022 i.e. till December 20, 2023," Sebi said in a release on Tuesday evening.
Amid Prime Minister Narendra Modi and Russian President Vladimir Putin's review of bilateral ties, including energy cooperation, in a phone conversation, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Friday that Russia has become a prominent crude oil supplier to India
India's crude oil imports from Russia have increased manifold in the past few months so as to secure the country's energy security. A large portion of India's energy demand is met through imports.
The global markets are expecting an aggressive hike in policy rates by Federal Reserve next week. If the Fed hike its monetary policy rates, the global markets are bound to react to the policy change and eventually the country's markets, in a way, will be influenced by the hike. In another d
Defending India's stance on importing crude oil from Russia, External Affairs Minister S Jaishankar on Tuesday said that it's a sensible policy to go where we get the best deal in the interest of the Indian citizens.
The inflation trajectory has largely evolved in line with the outlook given by us in June 2022, Shaktikanta Das said, adding that going forward, food inflation is likely to moderate with the usual winter softening and the likelihood of a bountiful rabi harvest.
Congress leader Rahul Gandhi on Saturday took a swipe at the ruling Bharatiya Janata Party (BJP) and questioned the government why the prices of petrol, diesel and gas cylinders have not come down even after the Crude Oil and LPG price have been slashed in the international market.