Russia now makes up for nearly 42 per cent of all crude oil India imported in May. New Delhi: India’s import of cheap Russian oil scaled another record in May and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the US, industry data showed. India took 1.96 million barrels
There was a decrease of $4.34 billion from the previous week. Mumbai: India’s foreign exchange reserves fell for a second consecutive week and stood at a one-month low of $589.14 billion as of May 26, the Reserve Bank of India’s (RBI) data showed on Friday. That was a decrease of $4.34 billion from the previous
Total foodgrain production is also estimated to touch a record 330.53 million tonne New Delhi: The country’s wheat production is estimated to set a new record of 112.74 million tonne in the 2022-23 crop year (July-June), while the overall foodgrain output is also likely to be a record 330.53 million tonne, the Agriculture Ministry said
India’s foreign exchange reserves jumped by USD 7.196 billion to USD 595.976 billion. Mumbai: India’s foreign exchange reserves jumped by USD 7.196 billion to USD 595.976 billion in the week ended on May 5, the Reserve Bank of India said on Friday. The overall reserves had dropped by USD 4.532 billion to USD 588.78 billion
OPEC supplied 2.1 million barrels per day out of 4.6 million bpd oil India imported in April. New Delhi: Oil producers cartel OPEC’s share in India’s oil imports fell to an all-time low of 46 per cent in April as purchases of cheaper Russian oil peaked, industry data showed. Organization of the Petroleum Exporting Countries
THIRUVANANTHAPURAM: The devastating floods that occurred in the country between 1985 and 2020 during the summer monsoon season were directly associated with Atmospheric Rivers, a phenomenon of a stream of water vapour moving in the sky like a river flowing on the land, says a new study.It says severe weather events like the 2013 Uttarakhand
Javed Miandad. — Youtube/NadirAli/Screengrab Sharing his opinion surrounding the controversy of India’s adamant refusal to travel to Pakistan for Asia Cup 2023, former national side skipper Javed Miandad has said that it is India’s turn to visit the country. Speaking at a podcast with a Pakistani YouTuber, Miandad said he believed that Pakistan would have no
IMF had earlier projected India’s growth as 6.1% for the current fiscal. Washington: The International Monetary Fund (IMF) on Tuesday lowered India’s economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier. Yet India will continue to be the fastest-growing economy in the world. In its annual World Economic
India’s forex reserves fell by USD 2.39 billion to a three-month low of USD 560.003 billion Mumbai: The country’s forex reserves fell by USD 2.39 billion to a three-month low of USD 560.003 billion for the week to March 10, the Reserve Bank said in its latest weekly data release. In the week to March
India has great digital network, Bill Gates noted. (File) New Delhi: Billionaire philanthropist Bill Gates on Wednesday said India has “great” digital network and high levels of smartphone usage with “very good” connectivity and added this will be the cheapest 5G market. Under the G20 presidency of India, a session on ‘Building resilient and inclusive