GQG sees $2 billion Adani bet delivering returns over 100%
Rajiv Jain, one of the biggest names in emerging-market investing, cut across the grain last month when he bought almost $2 billion worth of Adani Group stock.Now, the chief investment officer of GQG ...
Explainer: How OPEC+ gives Russia an edge over West
Saudi Arabia and other OPEC+ oil producers have announced surprise production cuts of around 1.16 million barrels per day from May until the end of the year.So what?This move increased oil prices by m ...
India’s jobless rate hits a three-month high of 7.8%, CMIE says
India’s unemployment rate climbed to a three-month high of 7.8% in March amid concerns a global slowdown will hurt Asia’s third-largest economy.Urban joblessness remained elevated at 8.4%, compared wi ...
Unemployment rate rises to 3-month high of 7.8% in March: CMIE
MUMBAI: India's unemployment rose to a three-month high in March to 7.8 per cent as the country's labour markets deteriorated, according to data from the Centre for Monitoring Indian Economy (CMIE).Un ...
How India is reshaping global fuel flows using Russian oil?
MUMBAI: India is snapping up discounted crude from Russia, refining it and selling it, becoming a key supplier to Europe as it reshapes global fuel flows more than a year into Moscow's war in Ukraine. ...
Adani pulls back on grand ambitions After Hindenburg bombshell
MUMBAI: Two months on from its explosive report into Gautam Adani’s acquisitive conglomerate, short seller Hindenburg Research has left the Indian billionaire’s empire chastened and reevaluating its a ...