Rupee closes at a record low of 83.39 against dollar
The rupee closed at a record low of 83.39 against the dollar, though the decline was only three paise from its previous close and 10 […]
Day: December 1, 2023
Mfg at 9-qtr high, July-Sept GDP beats estimates to grow at 7.6%
The country’s economy grew faster than expected in July-September, powered by robust growth in manufacturing (at a 9-quarter high of 13.9%), construction and mining. It […]
Deeper OPEC+ output cut could hit fuel retailers, stoke inflation fears
The OPEC+ grouping’s decision on Thursday to cut production further could end up resuming pressure on the profitability of state-run fuel retailers, delay possible cuts […]
Saudi Arabia extends cut in oil it sends to the world in bid to boost prices
Saudi Arabia extends oil production cut; concerns over oversupply persist; US gas prices remain low; Brazil to join OPEC+; quotas set for Angola, Congo, and […]