They are two of the largest commodity trading houses: a secretive group of companies responsible for buying, selling and transporting resources to where they are needed.
Rupee had a major fall this week, led by strong US macro data, rising crude prices. China's currency moves, Japan’s possible rate hike & domestic growth concerns may maintain pressure.
The domestic economy continues to show resilience as reflected in the robust growth projections for the coming year. However, global challenges could pose headwinds...
If the war is over within two weeks, the impact on India will likely be restricted to the stock market. Any longer, and the spillover could be broader.
Oil marketing companies earned profits by not reducing fuel prices despite falling crude oil prices earlier. Analysts say they should have kept profits as buffer, with oil prices on rise again.
Announcement by oil-producing cartel Sunday sent global markets into flux, with crude prices surging high. Experts say India will only feel effects in medium to long term.
On 29 May 1951, Jawaharlal Nehru defended adding 'reasonable restrictions' to Article 19, arguing that free speech must be balanced with national security and unity.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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