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US sanctions impact: Iran offers oil to Asia at cheapest rate in 14 years

US sanctions impact: Iran offers oil to Asia at cheapest rate in 14 years

The United States will seek to block Iran's international oil sales from November 5, when the second phase of sanctions are reimposed as...
Markets recover from slump as Sensex, Nifty rise

Markets recover from slump as Sensex, Nifty rise

The 30-share BSE index rose more than 100 points to open at 37,749.59 and extended gains to regain the 37,800-mark in morning trade. At 9.30...
Why Turkey's currency is plunging and what it means

Why Turkey's currency is plunging and what it means

One reason is that cheap borrowing rates in major economies like the US are rising, attracting investors' money away from emerging econo...
Rupee recovers from life low, up 23 paise

Rupee recovers from life low, up 23 paise

In a ray of hope for domestic economy, latest data showed that retail inflation fell to 9-month low of 4.17 per cent in July on declining ve...
Infosys to build Rs 100 crore centre in West Bengal

Infosys to build Rs 100 crore centre in West Bengal

IT giant Infosys announced on Monday that it would open a software development centre in West Bengal, with an investment of about Rs 100 cro...
Rupee crashes to all-time low of 69.91 on Turkish Lira shock

Rupee crashes to all-time low of 69.91 on Turkish Lira shock

Suspected RBI intervention helped it recover from heavy losses incurred in the morning, but heavy dollar demand pushed the rupee to close at...
Retail inflation eases to 4.17% in July, beats Street expectation

Retail inflation eases to 4.17% in July, beats Street expectation

Inflation based on consumer price index (CPI) for the month of July came at 4.17 per cent, government data showed on Monday. In June, the r...

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