A U.N. task force is warning in a new report that Russia’s war against Ukraine threatens to devastate the economies of many developing countries that are now facing even higher food and energy costs and increasingly difficult financial conditions. U.N….
Indian Oil Corp, the country’s top refiner, has purchased a total of 4 million barrels of crude via tenders for May and June loading, traders said on Wednesday. The refiner bought 2 million barrels of Murban crude and another 2 million of West…
Bereft of allies and coalition partners, embattled Pakistan Prime Minister Imran Khan was ousted from power in the early hours of April 9 following a no-confidence vote. The combined opposition that spans the political spectrum from the left to the radically…
Shares of Vodafone Idea (Vi) moved 7 percent higher to Rs 11.03 on the BSE in Wednesday’s intra-day trade on the back of heavy volumes, in an otherwise weak market. At 10:40 am; the stock of Vi was trading 6 percent…
Shares of Zomato plunged to Rs 82.15 on the BSE in Tuesday’s intra-day trade on the back of heavy volume following reports that the Competition Commission (CCI) on Monday ordered a detailed probe against food delivery platforms, Zomato and Swiggy, for alleged…
The Chinese mainland reported 1,366 new locally-transmitted COVID-19 infections in the last 24 hours, the National Health Commission said Monday. In addition, China’s strict lockdown in Shanghai is affecting global supply chains. Of the local confirmed cases reported Sunday, 836…
IndiGo’s Chief Commercial Officer Willy Boulter said he will resign after July, just a day after Chief Financial Officer Jiten Chopra quit the biggest budget airline in Asia by market value. The top management churn at IndiGo, operated by InterGlobe…
India’s central bank may have to pay a bigger price for ignoring inflation by tightening interest rates much more aggressively later, as the Federal Reserve is doing now, according to the nation’s largest asset manager. “If you don’t normalize gradually and…
The Tamil Nadu Directorate of Public health in a statement said that the Delta variant of Covid-19 is now totally replaced by the Omicron variant in the state. The report of the state public health department said that 68.4 percent…
Shares of BSE Ltd hit a record high of Rs 2,848.40 after they rallied 8.7 percent on the National Stock Exchange (NSE) in Friday’s intra-day trade. At 10:08 am, the stock traded 6.5 percent higher at Rs 2,789 against a…
