Browsing: Business

According to an official from the Indian Oil Ministry, the country will continue to purchase Russian crude oil even after the embargo and price cap are implemented on December 5. India has consistently stated its intention to purchase whatever crude

The EU agreed with the G7 to cap Russian oil prices to deprive the Kremlin of funds for its Ukraine war, as Putin said strikes on Ukraine’s infrastructure were “inevitable”. With an EU embargo on Russian crude oil from Monday,

Indian Railways’ passenger segment earnings increased by 76 percent from April to November this year. In these months, Indian Railways earned more than 43 thousand crore rupees, compared with 24 thousand 631 crore rupees in last year’s period. Reserved passenger

In 2021, the EU spent €328 billion on research & development (R&D), an increase of 6% over the previous year (€310 billion). Data published by Eurostat, the EU’s statistical office, shows an increase of 43.9% over 2011. In terms of

Indian migrants earning relatively high salaries in the United States, United Kingdom, and East Asia are expected to boost global remittances to India by 4 percent. Indian migrants in high-income countries worked from home during the pandemic and benefited from

After reaching record levels, the head of the European Central Bank believes inflation has not peaked. ECB President Christine Lagarde also said the bank would continue raising interest rates to combat those price spikes. In October, inflation in the 19

On Thursday, Ford Motor Co announced that it was recalling 634,000 sport utility vehicles (SUVs) worldwide over the possibility that their fuel injectors may be cracked and that owners should have their cars inspected. A recall has been issued by

In the wake of Tesla Inc.’s rapid selloff, most Wall Street analysts’ price targets have become obsolete. Tesla shares must rally 80% to reach the median analyst target price, the second-biggest gap on the Nasdaq 100 Index behind Baidu Inc.

Reserve Bank of India (RBI) said in its monthly bulletin that high frequency indicators and economic prediction models predict 6.1%-6.23% growth in the second quarter of the current financial year. “In 2022-23, India will grow at about 7% if this

There will be a Pacific-Rim summit taking place in the capital of Thailand this week that will focus on competition between great powers in Asia, inflation, food and energy shortages. Two closed-door sessions will be held Friday and Saturday between