daily petrol price, daily diesel price, fuel prices in india, indian economy, india crude oil imports, petrol pumps, ioc, hpcl, bpcl

Asia oil thirst tab $1 trillion a year as crude rises to $80

With the US dollar - in which virtually all oil is traded - also growing stronger, concerns are rising that economies will take a hit, especially in import-reliant Asia. Surging costs could have an inflationary effect that will hurt both consumers and companies. May 17, 2018
putin

Putin opens bridge linking Russia to Crimea

The 19-km, $3.7 billion bridge is Moscow's only direct road link to Crimea. Russia expects it will carry millions of cars and rail travelers and millions of tonnes of cargo each year. Previously, all car traffic passed over the Kerch strait by ferry or by passing through Ukraine, May 16, 2018
note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

Suspected RBI interventions stems rupee's fall

Sharply rising U.S. dollar yields have boosted the dollar on international exchanges, and the rupee was also coming under pressure from firm crude oil prices that will weigh on India's already widening trade deficit. May 16, 2018
modi putin

PM Modi to meet Russian president Putin at Sochi's seaside resort

MEA announced the informal summit and said that it "will be an important occasion for the two leaders to exchange views on international matters in a broad and long-term perspective with the objective of further strengthening our Special and Privileged Strategic Partnership" May 15, 2018
flipkart

Walmart may launch IPO for Flipkart in as early as 4 years

Walmart announced earlier this week that it will pay $16 billion for a roughly 77 percent stake in Flipkart in what is the US retail giant's largest-ever deal and a move to take on arch-rival Amazon.com Inc in a key growth market. May 13, 2018
Modi

Modi to launch work on Nepal's biggest power plant

India has been slow to implement projects despite ambitious plans, and it has also often been a target of Nepali politicians critical of what they see as meddling by their overweening, much bigger neighbor. May 11, 2018