Economy

New Delhi: Indian economy is expected to incur an additional $70 billion burden (or 1.9 per cent of the country's GDP) in FY23 as compared to the current fiscal at an average crude price of $120 per barrel, said brokerage house Kotak…
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New Delhi:  Shares of state-run oil exploration company ONGC rose sharply on Monday in line with skyrocketing global crude oil prices. Ongoing hostilities between Russia and Ukraine as well as lack of fresh supplies pushed crude oil…
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New Delhi: The war in Ukraine will deliver a shock to the global supply and cost of food, the boss of one of the world's biggest fertiliser companies has said, BBC reported. Yara International, which operates in more than 60 countries,…
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Mumbai:  High commodity prices as well as outflow of foreign funds from equity markets dragged Indian rupee to a new record low against the US Dollar. Accordingly, rising prices of crude oil along with other commodities triggered by the…
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Sources in the CBI said that she would be produced along with NSE's former Group Operating Officer (GOO) Anand Subramanian. The agency will seek custodial remand of both of them. Sources have said that Ramkrishna would be confronted with…
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New Delhi: Inflationary fears triggered a rush for safe haven investments during the ongoing market volatility that pushed up the global gold price to $2,000 per ounce on Monday. Accordingly, the fears of supply shortages due to the…
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Mumbai:  India's key indices -- S&P BSE Sensex and NSE Nifty50 -- fell sharply during the opening session on Monday amid skyrocketing crude oil prices. Notably, the Ukraine crisis pushed Brent crude oil price to $130 a barrel on…
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New Delhi:  Several Russian banks on Sunday announced plans to start issuing cards using the Chinese UnionPay card operator system. The step, which came shortly after Mastercard and Visa pledged to cease operations in Russia and…
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Arrested from her Delhi residence, Ramkrishna will be produced before the Rouse Avenue Court on Monday, and the agency will seek her custody for questioning. Earlier, ex-Group Operating Officer Anand Subramanian was arrested on the night…
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New Delhi : It is very likely that the Oil Marketing Companies may relook at the fuel prices as the global crude prices are hitting the roof. Fuel prices have been steady since early November when the Centre reduced excise duty on petrol…
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