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The rupee could experience further pressure as record external debt comes due for repayment over the course of this fiscal year and the following, and India’s trade gap widens. The rupee fell to a new record low on Tuesday as aThe rupee could experience further pressure as record external debt comes due for repayment over the course of this fiscal year and the following, and India’s trade gap widens. The rupee fell to a new record low on Tuesday as a

To curb the rupee’s free fall which has slid to 79 levels against the greenback, RBI has reportedly stepped in and announced a number of steps for diversifying the source of forex funding in order to handle the large scale volatility.To curb the rupee’s free fall which has slid to 79 levels against the greenback, RBI has reportedly stepped in and announced a number of steps for diversifying the source of forex funding in order to handle the large scale volatility.

The Treasury Department said Wednesday that it has sanctioned a group of front companies and individuals tied to the sale and shipment of Iranian petroleum and petrochemical products to East Asia. Treasury’s Office of Foreign Assets Control imposed the sanctions onThe Treasury Department said Wednesday that it has sanctioned a group of front companies and individuals tied to the sale and shipment of Iranian petroleum and petrochemical products to East Asia. Treasury’s Office of Foreign Assets Control imposed the sanctions on

The prices of petrol and diesel on July7, 2022 continue to remain steady as Oil Marketing Companies (OMCs) decide to keep the price unchanged. If you are in Delhi, you will have to pay Rs 96.72 for per litre of petrolThe prices of petrol and diesel on July7, 2022 continue to remain steady as Oil Marketing Companies (OMCs) decide to keep the price unchanged. If you are in Delhi, you will have to pay Rs 96.72 for per litre of petrol

Gold price in India are down for another day even though international rates are somewhat in the positive as dollar weakness weighs. In the retail market, gold in India is down by up to Rs. 820 per 10 gm. Likewise, goldGold price in India are down for another day even though international rates are somewhat in the positive as dollar weakness weighs. In the retail market, gold in India is down by up to Rs. 820 per 10 gm. Likewise, gold

Singapore Airlines (SIA) has announced that it will return to its pre-pandemic level of operations to India by October 30, buoyed by a robust surge in the demand for air travel. Singapore’s flag carrier will progressively operate 17 weekly flights toSingapore Airlines (SIA) has announced that it will return to its pre-pandemic level of operations to India by October 30, buoyed by a robust surge in the demand for air travel. Singapore’s flag carrier will progressively operate 17 weekly flights to

GAIL (India) Ltd, the nation’s largest gas transmission and distribution firm, on Wednesday said it will invest in startups operating in focus areas and is now seeking investment proposals from startups. The investments will be done through GAIL’s startup initiative ‘Pankh’.GAIL (India) Ltd, the nation’s largest gas transmission and distribution firm, on Wednesday said it will invest in startups operating in focus areas and is now seeking investment proposals from startups. The investments will be done through GAIL’s startup initiative ‘Pankh’.

Amid recessionary pressure and hence the weak demand outlook, there is seen global crash in some of the commodities and one of them happens to be oil too. Nonetheless as of writing this copy, Brent benchmark is still up above $100Amid recessionary pressure and hence the weak demand outlook, there is seen global crash in some of the commodities and one of them happens to be oil too. Nonetheless as of writing this copy, Brent benchmark is still up above $100

The Secretary-General of the Organization of Petroleum Exporting Countries has died, Nigerian authorities announced Wednesday. Mohammad Barkindo, 63, died late Tuesday, a spokesperson for Nigeria’s petroleum ministry told The Associated Press. The reason for his death was not immediately known. MeleThe Secretary-General of the Organization of Petroleum Exporting Countries has died, Nigerian authorities announced Wednesday. Mohammad Barkindo, 63, died late Tuesday, a spokesperson for Nigeria’s petroleum ministry told The Associated Press. The reason for his death was not immediately known. Mele