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3 mins read

Retail inflation rises to 3-month high in Nov, Oct industrial growth hits 16-month high

Retail inflation inched up to a three-month high of 5.55% in November driven by higher food prices,…

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Bird-watching has always helped me de-stress; now, I do it with my son. I love bonding over nature with him.

I discovered bird-watching in my 20s and introduced it to my son when he was born. I love being in …

Jennifer Sizeland   


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1 min read

Russia's gas shutoff is forcing Europe's biggest buyer of its supplies to draw down winter emergency reserves

"This development makes it harder to reach the storage levels necessary for the winter and reduces …

Phil Rosen   


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2 mins read

Dedollarization of global FX reserves? Not so fast, Allianz says

Efforts to challenge the dollar's dominance may be in the spotlight of late – but the greenback's s…

Joseph Wilkins   


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India's balance of payments shows improvement in Q1 FY24

One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…

ANI   


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RBI firmly focused to bring down inflation to 4%: Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Tuesday said the central bank is firmly focused on bringin…

PTI   


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Dog pee and poop could be harming the soil in nature reserves, study suggests

The study, carried out on four nature reserves in Belgium, suggests that dog feces could cause mass…

Marianne Guenot   


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MPC minutes: Possible further food price rise prompted RBI to keep repo unchanged

A possible second-round impact of food price shocks on overall inflation prompted Reserve Bank Gove…

PTI   


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Don't worry about dedollarization – the yuan has a 'paltry' share of reserves, so the buck is going nowhere, RBC says

The rival renminbi doesn't pose a credible threat to the buck, strategists said in a recent researc…

George Glover   


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ONGC discovers oil and gas reserves in Mumbai offshore, calls it momentous achievement

State run Oil and Natural Gas Corporation (ONGC) said on Thursday that it has discovered oil and ga…

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Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief exe…

PTI   


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ONGC to start oil production from KG block in May, gas in 2024

The company blamed contracting and supply chains issues due to the pandemic for shifting the start …

PTI   


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4 mins read

Is the Dollar dying? Its reserve currency status may be at risk, but it isn’t time to die

The world is going through an upheaval on multiple fronts, many of which lead to the US’ unchecked …

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1 min read

Need to step up quickly to install refining capacity: Anand Mahindra on lithium reserves discovery in Rajasthan

Leading industrialist Anand Mahindra on Tuesday hailed the discovery of lithium reserves in Rajasth…

PTI   


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Reliance seeks $12.75 for CBM gas, ONGC wants $9.35

Reliance is seeking a minimum USD 12.75 per million British thermal unit for coal bed methane (CBM)…

PTI   


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1 min read

It costs more than $200,000 a day for traders to ship liquefied natural gas as tanker supply dwindles

Daily charter rates to ship LNG for October and November have surged to $206,750 and $284,750, resp…

Zahra Tayeb   


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2 mins read

RBI may hike benchmark lending rates by 25 bps in April: DBS

The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…

PTI   


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Treasury Secretary Janet Yellen says to expect a gradual decline in the dollar's share of global reserves, but greenback remains dominant

"I would say there is virtually no meaningful workaround for most countries for using the dollar as…

Filip De Mott   


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Russian reserves running low as Ukrainian forces make 'tactically significant gains' around the besieged city of Bakhmut, a think tank says

Ukrainian forces make 'tactically significant gains' as Russian troops are likely suffering from "p…

Alia Shoaib,George Glover   


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Markets tumble from record high: Sensex plunges 695 points lower, Nifty ends below 13,000

Kotak Bank was the top loser in the Sensex pack, skidding 3.22 per cent, followed by Axis Ban…

PTI