Norway Trade Minister Jan Christian Vestre hailed the India-EFTA free trade agreement signed on Sunday and said that issues like tariff cuts, included and excluded commodities; human rights clause and an investment chapter were among the major subjects of discussion.
According to S&P Global Commodity Insights (GCI), this decision comes amidst ongoing efforts to stabilize oil markets and counteract increasing output from rival producers such as the US and Brazil.
According to S&P Global Commodity Insights, however, industry insiders suggest that this move may not significantly stimulate domestic automotive fuel sales amid a subdued economic environment.
According to S&P Global Commodity Insights, despite Saudi Arabia's commitment to production cuts in the first quarter, feedstock managers ensured a steady flow of Saudi barrels, reflecting confidence in the market's resilience.
The US stocks ended with deep cuts, after sticky US inflation data - more than estimated at 3.1 per cent in January -- triggered worries of further delay in the easing of interest rates. S&P 500 declined about 1.4 per cent Tuesday.
Low-cost airline SpiceJet is set to lay off at least 1,000 employees as part of its ways and means to save costs, and aiming to save about Rs 100 crore on an annual basis.
The protesters said despite producing around 4,000 megawatts of electricity, they are not given any benefits, instead they have to face prolonged power cuts and hefty bills.
West Bengal Governor CV Ananda Bose said Monday he has decided to cut short his Kerala trip and return to the state to visit the violence-hit Sandeshkhali.
In January, OPEC+ crude output witnessed a decline of 340,000 b/d, attributed partly to voluntary cuts implemented by some members and disruptions in Libya's largest oil field due to protests.
The anticipated increase is attributed to several factors including higher growth prospects in emerging markets compared to developed markets and the potential for US Federal Reserve rate cuts later in the year.