Russia sharply raises interest rates as wartime financial problems pile up
The Russian central bank on Tuesday raised interest rates by the most it had since the early weeks of the war in Ukraine, a dramatic move that underlines the scale of concern about Russia's economic s ...
Retail inflation in July jumps to 15-month high of 7.44%
NEW DELHI: India's retail inflation in July jumped to 7.44 per cent from 4.87 per cent in June, government data showed on Monday.The inflation, based on Consumer Price Index (CPI), is now once again a ...
India loads up on Russian dirty fuel with crude supply cuts
India is poised to buy the most amount of dirty fuels from Russia in years, as a slump in crude flows from the key producer and looming refinery maintenance threaten supplies.August imports of sludgy ...
IndiGo starts flights between Delhi and Baku
PUNE: IndiGo has opened up new gateways between India and Central Asia, with the starting of new flights to Baku, the officials announced.The capital city of Azerbaijan is now connected to Delhi four ...
Once China’s top builder, Country Garden turns into penny stock
BEIJING: Country Garden Holdings Co, formerly China’s largest developer by sales, has become a Hong Kong penny stock amid increasing scrutiny of its operations and mounting liquidity concerns.The stoc ...
SIP mop-up in July topped entire year’s figure for FY14
MUMBAI: What took a year for SIP mop-up a decade ago, now needs just a month. Systematic investment plan contributions crossed the Rs 15,000-crore mark for the first time in July, industry data showed ...