June 16, 2018
India, oil’s fastest growing buyer, guzzling Iran’s crude as sanctions loom

India, oil’s fastest growing buyer, guzzling Iran’s crude as sanctions loom

The world’s fastest-growing oil consumer is guzzling down Iranian crude before US sanctions start squeezing supplies from the Persian Gulf nation. India imported 771,000 barrels of […]
June 16, 2018
India hits back at the US with tariffs

India hits back at the US with tariffs

In what could signal escalating trade tensions between New Delhi and Washington, the Centre has written to the World Trade Organisation (WTO) notifying its decision to […]
June 15, 2018
India’s exports hit 6-month high; trade deficit widens as imports up 14.85%

India’s exports hit 6-month high; trade deficit widens as imports up 14.85%

A rise in receipts of petroleum, engineering and pharmaceutical products boosted May’s export growth figures to a six-month high of 20.18 per cent, up from 5.71 […]
June 15, 2018
Fitch downgrades ICICI Bank, revises Axis Bank rating to negative

Fitch downgrades ICICI Bank, revises Axis Bank rating to negative

Fitch has downgraded its support rating for ICICI Bank from ‘2’ to ‘3’ and revised the outlook on Axis Bank to ‘negative’ from ‘stable’. The outlook […]