In the face of mounting sanctions against Russia for launching military operations in Ukraine, India in line with its old ties and friendly relations will allow Moscow to invest and borrow in the domestic market. Russia has been hit by multiple sanctions following its military operations in Ukraine. Countries around the world are imposing fresh sanctions against Russia. The United States, […]
The BA.2 sub-lineage of the Omicron variant has become the dominant strain in the United States, according to new data released by the US Centers for Disease Control and Prevention (CDC). The variant has been steadily rising in proportion due to its increased transmissibility compared to the original Omicron strain, Xinhua news agency reported. The […]
India’s COVID-19 tally climbed to 4,30,21,982 on Tuesday with 1,259 fresh cases, while the number of active cases of the infection further declined to 15,378, according to Union health ministry. The death toll due to the viral disease has gone up to 5,21,070 with 35 more fatalities, the ministry’s data updated at 8 am stated. […]
Asian shares faltered and oil prices slid on Monday as a coronavirus lockdown in Shanghai hit economic activity, while the yen extended its stomach-churning descent as the Bank of Japan stood in the way of higher yields. China’s financial hub of 26 million people told all firms to suspend manufacturing or have people work remotely in a two-stage lockdown over […]
An Air India flight from Poland’s Rzeszow carrying students evacuated from northeastern Ukrainian city Sumy landed in Delhi on Friday morning, officials said. The flight had taken off from Rzeszow around 11.30 pm (IST) on Thursday and landed in Delhi at 5.45 am on Friday, they said. India has sent three flights to Poland to bring back 600 […]
Global oil prices fell on Wednesday by the most in nearly two years after OPEC member the United Arab Emirates said it supported pumping more oil into a market roiled by supply disruptions due to sanctions on Russia after it invaded Ukraine. Brent crude futures settled down $16.84, or 13.2%, at $111.14 a barrel, their biggest […]
equity mutual funds (MFs) clocked inflows in February when markets were volatile. Data from the Association of Mutual Funds in India (Amfi) shows that equity funds saw net inflows of Rs 19,705 crore, with most flows going to Flexicar and sectoral funds. The net inflows numbers indicate investors’ desire to continue despite a sharp fall in Indian […]
Ten grams of 24-carat gold is selling at Rs 53,890 on Tuesday, increasing by Rs 1,090 from the last trading session as investor fears grow worldwide over inflation and slowing economic growth due to the war in Ukraine. Ten grams of 22-carat gold is selling at Rs 49,400, increasing by Rs 1,000 from Monday. One […]
Ten grams of 24-carat gold is selling at Rs 51,600 on Friday, down Rs 440 since the last trade as demand fell for the safe-haven bullion. Ten grams of 22-carat gold is selling at Rs 47,300, down Rs 400 from Thursday according to the Goodreturns website. One kg of silver is selling at Rs 67,300, up to Rs 100 […]
The rupee declined 49 paise to 75.82 against the US dollar in opening trade on Wednesday amid a weak risk appetite as tensions escalated in Eastern Europe. Forex traders said sustained foreign fund outflows, a lackluster trend in domestic equities and elevated crude oil prices weighed on investor sentiment. At the interbank foreign exchange, the rupee opened at […]