On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday. The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced the market by 30 percent in the last month, compared to a 4 percent fall in the S&P BSE Sensex.…
In retaliation for Western sanctions over the Ukraine conflict, Russia has halted natural gas supplies to a Gazprom business seized by Germany. According to German Economy Minister Robert Habeck, Gazprom Germania GmbH and its subsidiaries are no longer receiving all contracted volumes. He claims that Europe’s greatest economy and a major importer of Russian gas is getting gas from alternative sources and will be able to cope with the inconvenience. Dealings with Gazprom Germania and…
"Russia cuts gas supplies to a Ukrainian facility controlled by Germany" Oil prices rises on Thursday, extending gains from the previous session, as a European Union plan for more penalties against Russia, including a six-month oil embargo, countered concerns over Chinese demand. By 0209 GMT, Brent crude futures had risen 35 cents, or 0.3 percent, to $110.49 a barrel, while West Texas Intermediate crude futures had risen 25 cents, or 0.2 percent, to $108.06 a barrel. Both benchmarks rose more than $1 per barrel earlier in…
"Oil gains 0.3% as a result of EU sanctions against Russia and a potential crude ban." The Biden administration is considering sending a high-level official to Kyiv to meet Ukrainian President Volodymyr Zelenskyy. The report on Wednesday said that the US administration has made no final decision about who to send to Kyiv but it could be President Joe Biden, Vice President Kamala Harris, Secretary of State Antony Blinken, or Defense Secretary Lloyd Austin, Sputnik added Moreover, the US announced to provide Ukraine with an additional 800 million US dollars’ worth…
"US considering sending high-level official to meet Zelenskyy in Kyiv" In the face of mounting sanctions against Russia for launching military operations in Ukraine, India in line with its old ties and friendly relations will allow Moscow to invest and borrow in the domestic market. Russia has been hit by multiple sanctions following its military operations in Ukraine. Countries around the world are imposing fresh sanctions against Russia. The United States, the European Union, the United Kingdom and Canada have banned certain Russian banks from SWIFT, the high-security network that facilitates…
"India to allow Russia to invest, borrow from domestic market: Report" An Air India flight from Poland’s Rzeszow carrying students evacuated from northeastern Ukrainian city Sumy landed in Delhi on Friday morning, officials said. The flight had taken off from Rzeszow around 11.30 pm (IST) on Thursday and landed in Delhi at 5.45 am on Friday, they said. India has sent three flights to Poland to bring back 600 students evacuated from Sumy. Another flight is expected to land in Delhi around 8.40 am, officials said. According to the…
"AI flight carrying students evacuated from Ukraine’s Sumy lands in Delhi" Plans to evacuate civilians from a besieged port city in Ukraine failed to materialize Sunday for the second time along with an expected Russian ceasefire, a Ukrainian official said, as officials tried to persuade Russia to agree on establishing other evacuation routes near Ukraine’s capital. Residents expected to leave the port city of Mariupol during a 10 a.m. to 9 p.m. local ceasefire, Ukrainian military authorities said earlier in the day. Interior Ministry adviser Anton Gerashchenko said…
"Russia-Ukraine crisis: Civilian killings halt fresh evacuation bid"
