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Oil spikes to seven-year high as markets avoid Russian supply
Oil prices surged to seven-year highs on Wednesday as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative oil sources in an already tight market. Brent crude futures gained $5.30, or 5%, to $110.23 a barrel at 0419 GMT, a level last seen […]
Power consumption grows 2.2% to 105.54 billion units in February
India’s power consumption growth remained subdued at 2.2 percent year-on-year in February to 105.54 billion units (BU), showing the impact of local restrictions imposed by the states due to the third wave of COVID-19. Power consumption in February 2021 was 103.25 BU, a tad lower than 103.81 BU in the same month of 2020, as per the power […]
Google temporarily disables Google Maps live traffic data in Ukraine
Alphabet Inc’s Google confirmed on Sunday it has temporarily disabled in Ukraine some Google Maps tools which provide live information about traffic conditions and how busy different places are. The company said it had taken the action for the safety of local communities in the country, after consulting with sources including regional authorities. Ukraine is […]
Rs 19,111 crore assets attached out of total fraud by Vijay Mallya, Nirav Modi & Mehul Choksi: Centre tells SC
The timely attachment of proceeds of crime has led to the attachment of assets worth over Rs 19,000 crore out of the “total fraud of over Rs 22,500 crore by three fugitive offenders Vijay Mallya, Nirav Modi, and Mehul Choksi, the Centre has told the Supreme Court. These figures were mentioned in the note submitted […]
Russia- Ukraine crisis: Rescue plans & a look at past evacuations
India sounded airlines on Monday to plan flights to evacuate Indians stuck in Ukraine. Under the Aircraft Act, the government can ask airlines to make their aircraft available during an emergency. While sources said Air India and SpiceJet had planned to operate four flights, all plans had to be canceled after the closure of Ukrainian airspace. Airlines executives said the Ministry of External Affairs had planned […]
Indian Air Force to send 5 Tejas jets for multilateral air exercise in UK
The Indian Air Force (IAF) will participate in a three-week multilateral air exercise at Waddington in the UK from March 6 with a fleet of five Tejas light combat aircraft (LCA). The IAF said on Wednesday that the ‘Cobra Warrior 22’ exercise is aimed at providing operational exposure and sharing best practices amongst the participating […]
Forex Strategies
Forex Strategies Forex techniques are fundamental for a forex dealer to benefit from the market. Forex exchanging techniques make a dealer more modern and certain by aiding him in making the right computations regarding the market. In a market with continuously changing trade rates, it is silliness to exchange madly simply by following the […]
India, France sign roadmap to enhance bilateral exchanges on blue economy and ocean governance
India and France have inked a roadmap to enhance their bilateral exchanges on the blue economy and forge a common vision of ocean governance based on the rule of law and cooperate on sustainable and resilient coastal and waterways infrastructure. The agreement was signed during External Affairs Minister S Jaishankar’s three-day visit to France which […]