Oil prices surged in early trade on Wednesday, buoyed by limited supplies and the expectation of increased demand as the US summer driving season approaches. By 0020 GMT, Brent crude futures had risen 46 cents, or 0.4 percent, to $114.02 per barrel. WTI crude futures for July delivery in the United States were up 58
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Prime Minister Narendra Modi and leaders of the US, Japan, and Australia met for the second time in person on Tuesday in New Delhi, where they are expected to discuss developments in the Indo-Pacific region as well as global issues of common interest. India, the United States, Japan, and Australia make up the Quadrilateral Security
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According to authorities, heavy rain in Delhi and thunderstorms over the airport region have caused at least 140 aircraft to be delayed as of this morning. Over 140 flights have been delayed, with 90 at departure terminals and 44 at arrivals. According to sources, out of the 140 planes whose operations have been impacted thus
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In early Asian trade on Wednesday, oil prices jumped more than $1 a barrel on optimism of a revival in demand in China as the country gradually eases some of its harsh COVID-19 containment restrictions. At 0042 GMT, Brent crude futures were up $1.15, or 1.0 percent, at $113.08 a barrel, while West Texas Intermediate
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On Monday, Sri Lanka’s new prime minister said the country was down to its last day of petrol, while the country’s power minister warned citizens not to join the long fuel lines that have sparked weeks of anti-government rallies. In a speech to the nation on Thursday, Ranil Wickremesinghe, who was appointed Prime Minister on
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During the financial year ending March 2022, public sector banks reported a 51% decrease in the amount involved in frauds, to Rs 40,295.25 crore, according to the Reserve Bank of India. The Reserve Bank said in response to a request under the Right to Information Act that the 12 PSBs (Public Sector Banks) recorded frauds
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