Iran Oil

Oil prices drop as Trump asks OPEC to stabilise market

A key driver of the rise in prices has been the OPEC-Russia deal to cut oil output, compounded by collapsing Venezuelan production and the U.S. decision to end the Iran deal, National Australia Bank (NAB) said in its July outlook. Jul 5, 2018
Prime Minister Narendra Modi

Centre hikes new season common rice purchase price

India is set to announce a hefty increase in the minimum price it promises to pay for key crops later on Wednesday, sources said, as the government looks to woo the country's 260 million farmers ahead of elections due early next year. Jul 4, 2018
INS Vikramaditya

America's Indo-Pacific strategy will hurt India, warns China

Trying to maintain military balance with China will be detrimental for the Indian economy, says the editorial in Global Times, a hardline Chinese state media outlet, warning that following the US strategy "blindly" will spell trouble for India's relations with neighbouring countries. Jul 3, 2018
FDI

FDI inflow growth rate plummets to 5-year low in FY18

The incumbent government had managed to initially multiply the FDI inflow growth rate to 27 per cent in 2014-15 and 29 per cent in the following year, but it nosed dived to just 8.67 per cent in 2016-17 Jul 2, 2018