RIL’s Jamnagar facility is lifting crude processing & deferring planned maintenance to take advantage of surging diesel demand. It’s already sending shipments to Europe.
The SE will be a letdown for customers who have been waiting for a while for an updated affordable iPhone. It’s clear that Apple isn’t prioritising customers at the lower end of the market.
Rupee is down to a record low, dragging stocks and bonds. And with few signs the commodity boom will end soon, investors are bracing for more possible losses.
Asia as a net importer is vulnerable to oil price spike due to Russia’s invasion of Ukraine. But with more than 40% global exports stemming from the region, rising prices will ripple globally.
Bullion has gained 12% in 2022 and is closing in on a record as investors seek a store of value amid the threat of an inflationary shock to the global economy.
With oil costs now 40% higher than they were two weeks ago, Chinese businesses are facing a profit squeeze and a fall in global demand for Chinese-made goods.
In an interview, Shipping Corp CMD Harjeet Kaur Joshi says globally markets are facing impact of the Ukraine crisis, this isn't the opportune moment for proposed privatisation.
The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.
Air force chief says HAL needs to churn out 24 aircraft per year. It is important for IAF to have indigenous weapons systems to deal with any security challenges, he says.
How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?
COMMENTS