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The continuous rise of oil prices will have cascading effect
The average annual crude oil prices in 2024 and 2025 are forecast to remain near their 2023 average because global supply and demand for petroleum...
COP28 enters last day with no pact on fossil fuels
The UN summit was scheduled to end on Teusday after nearly 2 weeks of speeches, demonstrations and negotiations
Post-COP28, China may invest more on energy efficiency mechanisms
Beijing has drawn global flak for its coal-fired power plant expansions
Re rises 7 ps, settles at 83.30/1$
Mumbai: The rupee appreciated 7paise to settle at 83.30 against the US dollar on Friday, following positive cues from equity markets and strong...
Re falls 7ps to 83.39/$
Local unit traded between the peak of 83.29 and the lowest level of 83.41
Fag-end buying snaps 2-day losing streak
Last-hour buying in auto, power and metal shares helped by fresh foreign fund inflows
How Russia still profiting from oil despite Western price caps
This is because oil prices have risen above $80 per barrel, and Russia has been able to find buyers for its oil, particularly in Asia
India may face crude supply risk
If the war spreads across West Asia, the global trade may further slow down
