Why oil prices have declined and what are the potential implications? | Explained

Why oil prices have declined and what are the potential implications? | Explained

India’s oil imports from Russia declined 14.5% in February, the lowest since January 2023. | Photo Credit: Reuters The story so far: Reversing course after being on an upward trajectory for about a week, oil prices slipped as much as 9% late Monday with emerging confidence about no disruption to oil supply globally and a de-escalation […]

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Rupee rises 1 paisa to settle at 85.53 against U.S. dollar

Rupee rises 1 paisa to settle at 85.53 against U.S. dollar

Rupee rose 1 paisa to settle at 85.53 (provisional) against the greenback on Friday (May 16, 2025) on the back of strong FII inflows and a marginal decline in the dollar index. | Photo Credit: Reuters Rupee rose 1 paisa to settle at 85.53 (provisional) against the greenback on Friday (May 16, 2025) on the […]

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