Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has surged to levels not seen in several decades, prompting a third of G20 countries to identify rising prices as their
READ MOREIndian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose slightly, although market holidays dulled trading volumes across most of the region. India’s BSE Sensex 30 and Nifty 50 indexes rose 0.7% each, buoyed largely by major bank stocks following better-than-expected results from ICICI Bank
READ MOREHyderabad: Indian Immunologicals Limited (IIL) has signed a Memorandum of Association (MoA) with the Indian Council of Medical Research (ICMR) to advance the clinical development of a Zika vaccine. Under this agreement, ICMR will cover the costs for the Phase I clinical trials, including the expenses for conducting, investigating, and monitoring the trials at ICMR
READ MOREThe Indian embassy in Ukraine on Sunday asked all Indians who are still stuck in the conflict-stricken country to fill up an online form on an urgent basis. “All Indian nationals who still remain in Ukraine are requested to fill up the details contained in the attached Google Form on an URGENT BASIS. Be Safe Be Strong,”
READ MOREHowever, there are challenges, and geopolitics is messy for which foreign investors are cautious, the CEA said. Chief Economic Advisor (CEA) V Anantha Nageswaran has said the Indian economy was on the path to recovery but cautioned that foreign investors may remain cautious because of geopolitical challenges. Speaking at a virtual seminar organised by Swadeshi Research Institute,
READ MOREIndia’s ONGC Videsh Ltd has sold at least one cargo of Russian Sokol oil to India refiners Hindustan Petroleum Corp and Bharat Petroleum Corp after failing to draw interest in a tender earlier this month, sources familiar with the matter said. Indian companies are snapping up Russian oil as it is available at a deep discount after
READ MORE