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The move, disclosed last week by India’s Directorate General of Shipping, adds Gazprom Insurance, Rosgosstrakh Insurance and Balance Insurance to a roster that already includes some of Russia’s largest state-linked insurers. The South Asian nation is now the world’s top buyer of Russian crude, and it is leaning more heavily on flows from Moscow as…
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Gold prices rose in India on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 14,391.56 Indian Rupees (INR) per gram, up compared with the INR 14,282.78 it cost on Tuesday. The price for Gold increased to INR 167,860.20 per tola from INR 166,591.50 per tola a day earlier. Unit measure…
By Colleen Howe and Sethuraman N R BEIJING/NEW DELHI, April 22 (Reuters) – In the rolling, wind-swept grasslands of Chifeng in northern China’s Inner Mongolia, towering white wind turbines line hilltops like sentinels over a hydrogen industry Beijing is trying to prise away from coal. They are part of a $2 billion project – the…
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The yield on India’s 10-year G-Sec hovered around 6.87%, stabilizing after recent losses as investors navigated a mix of global and domestic signals. Sentiment remained shaped by geopolitical developments, tensions were kept elevated after US President Donald Trump announced that the ceasefire would continue indefinitely while maintaining a blockade on shipping through the Strait of…
By Aditya Kalra and Saurabh Sharma NEW DELHI, April 22 (Reuters) – The Iran war has caused a shortage of Diet Coke in India, where it is sold only in aluminium cans that have run short because of delayed shipments from the Gulf caused by the Iran war. The Gulf accounts for around 9% of…
