October 6, 2022 – The Headlines

Opec output cut: Petrol, diesel price freeze in India just gets longer

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The record six-month-long freeze in petrol and diesel price revision in all likelihood will be extended after international oil prices rose on the announcement of […]

World Bank downgrades India’s economic growth forecast to 6.5%

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The World Bank on Thursday projected a growth rate of 6.5 per cent for the Indian economy for the fiscal year 2022-23, a drop of […]

Akasa to allows pets up to 100 kg on its aircraft from November 1

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India’s youngest airline, Akasa, will from November 1 allow pets — domesticated dogs and cats — on its aircraft like the country’s longest-flying carrier, Air […]

Rupee skids towards record low again on corporate dollar demand

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The rupee inched closer to record low against the greenback on Thursday, as climbing oil prices eroded sentiment, while traders pointed to corporate demand for […]

India, Indonesia debt outperforms China despite global selloff

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The two countries’ sovereign debt only lost 0.4% and 1.5% respectively for dollar-based investors in the third quarter, less than other emerging markets in Asia […]

WTO cuts global trade forecast for 2023 to 1%

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World trade is expected to lose momentum in the second half of 2022 and remain subdued in 2023, as multiple shocks weigh on the global […]

Sept services growth slumped to 6-month low on cooling demand: Report

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Despite staying above the 50-mark separating growth from contraction for the fourteenth straight month – the longest stretch of expansion since October 2016 – the […]

Bond yields climb on index inclusion push back, oil price rise

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Indian government bond yields jumped in early trading on Thursday after the country was not immediately included in J.P. Morgan’s emerging market index and as […]