The crisis hit Sri Lanka and raised the price of gasoline by 24.3% and diesel by 38.4% on Tuesday, a record increase in fuel costs in the country’s greatest economic crisis due to a lack of foreign exchange reserves. With the second increase in fuel prices since April 19, the most commonly used Octane 92 […]
On Sunday, Ukraine and Poland agreed to develop a common border customs control system and work on a shared railway firm to facilitate people’s movement and boost Ukraine’s export potential. During a meeting in Kyiv on Sunday, Ukrainian President Volodymyr Zelensky and Polish President Andrzej Duda praised the two countries’ growing cooperation, with Duda promising […]
In retaliation for Western sanctions over the Ukraine conflict, Russia has halted natural gas supplies to a Gazprom business seized by Germany. According to German Economy Minister Robert Habeck, Gazprom Germania GmbH and its subsidiaries are no longer receiving all contracted volumes. He claims that Europe’s greatest economy and a major importer of Russian gas […]
President Joe Biden is set to announce plans on Thursday to send additional military aid to help Ukraine fight back against the Russian invasion, according to a US official. The official, who was not authorized to comment publicly and spoke on the condition of anonymity, said Biden will deliver a Thursday morning address at the White House […]
In the second such assault in less than 10 days, two Sikh men were attacked and robbed in Queens here, the same neighborhood in the city where an elderly Sikh man was assaulted early this month. The Consulate General of India in New York said in a tweet that the assault on two Sikh gentlemen […]
Oil prices inched higher on Monday as worries about tight supply persisted even as investors eyed the release of supplies from strategic reserves from consuming nations and a truce in Yemen sparked hopes that supply issues in the Middle East could abate. Brent crude futures were up 9 cents, or 0.09%, to $104.48 a barrel by 0427 GMT […]
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, […]
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 […]
By Administrator_India Capital Sands The US government and 48 states have filed parallel lawsuits against Facebook, accusing the social media giant of anti-competitive conduct by abusing its market power to create a monopoly and crushing smaller competitors. Soon after the Federal Trade Commission (FTC) and 48 state attorney generals on Wednesday sued the company, Facebook’s shares dropped significantly at […]
By Administrator_ India Capital Sands Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic. The airline would also seek changes in conditions in its contracts […]