Oil imports rose by 3.7 per cent to USD 33.7 billion in Q4 FY20 from USD 32.5 billion in the same period a year ago.
India may have missed turning current account surplus after 12 years due to all-time low crude oil prices
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Category Archives: Markets
Coronavirus only a blip for China’s belt and road plan, says former central bank chief
Global monetary easing and low interest rates could benefit the Belt and Road Initiative, China’s former central bank governor said on Monday, brushing aside concerns about the future of Beijing’s top geopolitical project as the global economy is hammered by the coronavirus outbreak.Zhou Xiaochuan, who was governor of the People’s Bank of China for more than […]
Donald Trump’s comments on Xinjiang sanctions combed for clues on US response to Hong Kong security law
Analysts are combing through US President Donald Trump’s latest statements on Xinjiang for clues as to how he may punish China for its planned imposition of the national security law on Hong Kong.In an interview with news outlet Axios published on Monday, Trump said he has not sanctioned China over the persecution of Uygurs and other Muslim minorities in Xin […]
China is one satellite away from launching its GPS rival Beidou
Beidou will be made up of 30 satellites giving China military independence in terms of navigation and even messaging independent of the US or other nations.
Modi’s ‘Sansad Adarsh Gram Yojana’ fails to develop Indian villages; MPs forget hinterland
The CRM established by the centre has found out that even in the villages adopted by MPs, they did not allocate enough funds from the Members of Parliament Local Area Development Scheme (MPLADS).
Ease Of Doing Business Is The Route To India’s Mission Of Self-Reliance: CII
The Industry body CII has outlined 8 areas where strong measures in mission mode can help to boost the economy. With more outcome-oriented action on Ease of Doing Business, huge momentum to India’s domestic and overseas investment can be imparted at a time when self-reliance is being strengthened, stated the Confederation of Indian Industry. While many […]
Exports improving, down by about 10-12% so far in June: Piyush Goyal
The minister also said that the government is giving special focus to high quality standard products.
Retiring Chinese fire brigade dogs refuse to leave handlers
Touching footage shows one of the loyal hounds eagerly reaching for its trainer while being held back by its leash. Another dog is seen holding onto a fireman’s hand, unwilling to move.
Recast, Refocused Yet Unloved: Why Investors Appear To Be Undervaluing Raytheon Stock
Comparing the pre- & post-merger trends in Raytheon Technologies’ stock over recent months with the trajectory after the Great Recession of 2008, we believe that the stock can potentially gain more than 15% from its current level of $60 as the commercial aviation demand rises and integration…
Zimbabwe: Corruption Dents Mining Sector’s Recovery
[Zimbabwe Independent] The mining sector is in turmoil, with bureaucratic red tape and corruption, among other factors, causing loss of business confidence and sparking capital flight, businessdigest has learnt.
RBI Holds 4th Meeting Of Financial Stability and Development Council Sub-Committee
A meeting of the Sub-Committee of the Financial Stability and Development Council (FSDC) was held yesterday through video conference. Shaktikanta Das, Governor, Reserve Bank of India chaired the meeting. The Governor, in his introductory remarks underlined the importance of this meeting, being held for the first time after the breakout of the pandemic and as […]
Danone CEO Emmanuel Faber on carbon, corporate governance and cows
On Moral Money’s first anniversary, check out the latest ESG news: the Queen’s bank embraces sustainability; a facial recognition furore; and exchanges battle for green bonds
Greenback takes a dip below ¥107 line in risk-averse Tokyo trading
The dollar weakened below ¥107 in Tokyo trading Thursday as a risk-averse mood spread through the market.At 5 p.m., the dollar stood at ¥106.97-99, down …
Tokyo stocks bleed another 100 points after taking virus cues from Dow
Tokyo stocks bled further on Thursday, weighed down by an overnight fall on Wall Street and persistent concerns over the coronavirus crisis.The Nikkei average of …
1.5 Million File For Unemployment, But Continuing Claims Decrease Slightly
Another 1.5 million people file for unemployment benefits for the first time, but the number who are continuing to seek the payments continues to decline as workers return to their jobs.
Foreaders 