While stocks in Mumbai & Seoul have already taken hits from concerns over Fed rate hikes and a related tech selloff, analysts see both as more susceptible to risk-off sentiment.
Govt reduced import duty on palm oil earlier this month to bring down retail prices. Some oil and farm associations say it contradicts govt’s vision of 'Atmanirbhar Bharat'.
The US last week made the unusual request to some of the world’s largest oil-consuming nations to consider releasing crude oil in a coordinated effort to lower global energy prices.
Even at $70 a barrel, the current prices do not meet fiscal break-even thresholds for most Gulf Arab states, and the gap between revenue & fiscal expenditure has been wide since 2015.
Oil buyers will be 'spoiled for choice' as the supply of high-sulfur crude, which has tightened after US sanctions on Iran and Venezuela, will become more readily available now.
The expansion of OPEC into OPEC+ has added a new layer of complexity to the decision-making process while contributing little in the way of real output cuts.
Just as India’s educated elite have benefited from missionary-run schools, temple donations could be channelled for the economic and educational upliftment of Hindus.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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