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As Russia-Ukraine war escalates, world economies will be hit
As the battle rages on between Russia and Ukraine, world economies are set to go for a toss.
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60% of imported edible oil is palm oil due to high damand
About 60% of the imported edible oil is palm oil. Because India is a big consumer of palm oil.
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Petrol-diesel prices: 9 points of suffering
As the propensity to milk petrol and diesel for revenue grew, Indians had to pay a retail price that was a huge mark up compared to the price of crude
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'Fuel prices up due to higher import cost of crude oil'
According to estimates, India imports over 80% of its oil needs and more than 50% of its gas requirement
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Rupee likely to test 76.50 level this year
The rupee has mostly been weak against the US dollar in recent months.
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Crude oil futures rise on spot demand
Crude oil for the July delivery traded higher by Rs 63, or 1.15%, at Rs 5,561 per barrel in 5,330 lots.
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Rising crude oil prices pose upside risk to inflation
The government is confident that a normal monsoon and further opening up of the economy will ease inflationary pressures
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External factors will test RBI’s grip on inflation
Investors and industry leaders worry that China, once a deflationary force, is now exporting inflation
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Inflation figures show bigger companies can pass on costs owing to lesser competition
If competition continues to be constricted, consumers can expect the global surge in commodity prices to pinch further
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US Fed, BoJ policy decisions, crude oil prices among key factors that may decide market trend next week
Investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) will be monitored
