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Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
Fed rate hike 'not urgent', says John Williams; Austan Goolsbee warns against 'playing with fire'Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasiz...
Under-the-counter cash gold sales boom in India as high prices and taxes biteHigh gold prices, combined with higher taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save ...
Oil woes push rupee to over one-week low, RBI caps fall near 96/USDOn Monday, the Indian rupee plummeted to its lowest mark in over a week, driven by soaring oil prices. Investors reacted to mounting geopol...
India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
High gold prices offer jewellers a silver lining this festive seasonSilver, once secondary to gold in Indian jewellery, is emerging as a bigger choice this festive sale season as high gold prices push middle...
Smart rice policy would be niceIn the 2026-27 cycle, India's rice production is projected to fall by 6.5% compared to the previous year, largely due to monsoon rainfall b...
India weighs mandatory blending of imported coal at power plants, sources sayIndia is considering asking thermal power plants to blend up to 5% imported coal with domestic coal to ease a supply crunch that has pushed...
US Federal Reserve’s Anna Paulson sees scope for more interest rate hikes amid inflation risksPhiladelphia Federal Reserve President Anna Paulson indicated that additional interest rate hikes could be warranted to combat inflation. S...
IRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your moneyInsurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements proposed commission changes. Prop...
NSE to debut in test of India investor faith in long-term growthThe National Stock Exchange of India Ltd. is set to launch its trading journey following a successful IPO that raised $2.4 billion. Despite...
Ban on US diesel exports would hurt, not help fuel markets, analysts sayUS President Donald Trump has expressed support for a diesel export ban to help lower rising prices. Diesel prices in America have reached ...
Gold lacklustre as higher-for-longer rate outlook weighs on sentimentGold values have shown minimal fluctuations as market participants assess the likelihood of persistent elevated interest rates. Recent hike...
LIC said to lead bidding in NSE’s Rs 22,800 crore IPOLIC emerged as the largest bidder in NSE’s ₹22,800 crore IPO with ₹4,500 crore in bids, joined by ICICI Prudential and Quant Mutual Fund. D...
Global Market: Diesel prices surge to record highs as wars squeeze global fuel suppliesGlobal diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability a...
Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...