[ad_1] International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel – the most used fuel in […]
Tag: ukraine
Saudi Aramco unveils record $48.4 billion profit in Q2
[ad_1] Oil giant Saudi Aramco on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia’s war in Ukraine and a post-pandemic surge in demand […]
Russian promoted Indian oil refinery posts record profit of about $447 million
[ad_1] India’s Nayara Energy, part owned by Russian oil major RosneftMM, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil […]
Oil prices shoot above $95 per barrel ahead of OPEC+ meet
[ad_1] Oil prices edged higher in a choppy session after closing at the lowest level in more than five months, as traders counted down to an OPEC+ meeting on supply […]
Many nations see new records as inflation bites hard: 10 points
[ad_1] Inflation seems to be biting the world hard and new grim records are being registered as countries grapple with the aftermath of the pandemic, further aggravated by the Ukraine […]
Billionaire Tom Steyer bets on weather stations to battle climate
[ad_1] Galvanize led a $40-million funding round for San Francisco-based Arable, whose weather equipment gives farmers information on how much sunlight and water crops are getting, and can help optimize […]
Ukraine seeks debt freeze as war ravages economy
[ad_1] Ukraine has asked its international creditors, including Western powers and the world’s largest investment firms, to freeze its debt payments for two years so it can focus its dwindling […]
IMF to cut global growth outlook ‘substantially’ at next review
[ad_1] The International Monetary Fund will cut its global economic growth outlook “substantially” in its next update, as finance chiefs grapple with a shrinking list of options to address the […]
US inflation accelerates to 9.1%, once again exceeding forecasts
[ad_1] Economists projected a 1.1% rise from May and an 8.8% year-over-year increase, based on the Bloomberg survey medians. US inflation accelerated in June by more than forecast, underscoring relentless […]
Swiss inflation hits 29-year high on Ukraine war, supply chains
[ad_1] The pace is up from 2.9% in May, and well above the Swiss National Bank’s 2% target. Based on the European Union-harmonized measure, it was at 3.2%, compared with […]
This company by Gautam Adani is Asia’s best-performing IPO
[ad_1] India’s Adani Wilmar Ltd. is an outlier among Asia’s newly listed stocks. The food company has almost tripled since its debut while most newcomers are trading under water. Shares […]
PM Modi to attend Quad summit today, hold key bilateral talks
[ad_1] The Quad summit is aimed at further bolstering cooperation among the member nations – US, Australia, India, Japan – and discussing developments in the Indo-Pacific region. New Delhi: Prime […]
Starbucks to completely exit Russia as Ukraine war drags on
[ad_1] Starbucks said Monday it will cease operations in Russia, shuttering its 130 cafes in the country in the aftermath of the invasion of Ukraine. The move comes a week […]
Malaysia to halt export of 3.6 million chickens from June amid Shortage
[ad_1] The government set a ceiling price of 8.9 ringgit ($2) per chicken and said it would recognize more slaughterhouses abroad in a bid to boost local supplies and curtail […]
Recession fears, rising inflation spook global markets
[ad_1] European and Asian markets took a beating Thursday, while the dollar tumbled a day after Wall Street suffered one of its worst batterings in two years over recession fears […]
McDonald’s to exit Russia, sell business amid Ukraine war
[ad_1] American fast-food giant McDonald’s will exit the Russian market and sell its business in the increasingly isolated country, the company said Monday. Many Western businesses have pulled out of […]
Apollo makes $1 billion bet on Indian property with lending plan
[ad_1] Apollo Global Management Inc. is planning to lend about $1 billion to developers in India this year, betting on a recovery in the residential property market as the pandemic […]
Putin’s troops fail river crossing bid; Russia bombards homes in Donbas
[ad_1] Published on May 16, 2022 11:08 AM IST The Ukrainian Air Force claimed that it destroyed as many as 11 Russian aerial assets. It claimed that in the process, […]
LIC Debut puts millions of small investors’ faith to test
[ad_1] Millions of Indians investing in the country’s biggest listing could turn sour on the equity market if the stock follows the poor performance of its state-run predecessors. Prime Minister […]
How two Ukrainian art dealers rescued valuable paintings
[ad_1] It was a rescue operation that reads like the plot of a war thriller: an art dealer and a gallery owner from Ukraine risking their lives to save works […]
Saudi Aramco becomes world’s most valuable stock as Apple drops
[ad_1] Saudi Aramco overtook Apple Inc. as the world’s most valuable company, stoked by a surge in oil prices that is buoying the crude producer while adding to an inflation […]
Ukraine crisis: Amritsar traders seek government help
[ad_1] Upset over the impact of the ongoing war between Russia and Ukraine on the economy and trade, Amritsar traders on Sunday sought help from the government to overcome their […]
Documenta cancels talks amid antisemitism row
[ad_1] The 2022 documenta art exhibition will take place from June 18 to September 25 in the central German city of Kassel, bringing in artists from around the world who […]
Reliance becomes first Indian company to cross USD 100 billion annual revenue
[ad_1] Billionaire Mukesh Ambani’s Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining […]
Ukraine War: Elton John visits Mariupol, appeals for ‘a full humanitarian corridor’
[ad_1] As the Russian invasion of Ukraine entered day 73, celebrity singer Elton John paid a visit to Mariupol on Thursday to take a look at the evacuation of civilians […]
Morning brief: Pentagon says Russia on its way out of Ukraine’s Mariupol, and all the latest news
[ad_1] Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times. US intel helped Ukraine locate and sink Russian […]
LIC’s record IPO set to be fully sold as valuation drives demand
[ad_1] A 210 billion rupee ($2.7 billion) record share sale by state-run Life Insurance Corp. is poised to be fully taken up by investors four days before the offering closes […]
France and India call for immediate end to Ukraine hostilities
[ad_1] India and France on Wednesday called for “an immediate cessation of hostilities” in Ukraine, with Prime Minister Narendra Modi again stopping short of condemning Russia’s invasion of its neighbour. […]
LIC IPO: Norway, Singapore wealth funds invest in India’s largest public offering
[ad_1] LIC’s IPO, which had previously been touted as India’s Aramco moment in reference to the $29.4 billion listing of Gulf oil giant Saudi Arabian Oil Co., is testing the […]
HDFC raises lending rate by 5 basis points; EMI to rise for existing borrower
[ad_1] The RBI has been mandated to keep the retail inflation at 4 per cent with a bias of 2 per cent on either side. Mortgage lender HDFC Ltd on […]
This ex-Wall Street executive is on a fresh pursuit amid Ukraine war
[ad_1] On Wall Street, Igor Smelyansky used to specialize in stitching together merged companies. These days, as director general of Ukraine’s postal service, Ukrposhta, he drives from city to city, […]
Indian economy may take 12 yrs to recoup pandemic losses: RBI report
[ad_1] The Indian economy may take more than a decade to overcome the losses emanating from the Covid-19 pandemic, said a report published by the Reserve Bank of India. In […]
Ukraine conflict highlights need for self-reliance, says Rajnath Singh
[ad_1] New Delhi: Defence minister Rajnath Singh on Thursday said the ongoing Russia-Ukraine conflict highlighted the need for achieving self-reliance in defence even as he lauded the Indian Navy for […]
‘India-Japan ties deepened…’: PM Modi on 70 years of diplomatic relations
[ad_1] Prime Minister Narendra Modi on Thursday lauded India’s ties with Japan on the 70th anniversary of the establishment of diplomatic relations between the two countries. Stating that the diplomatic […]
‘China factor..’: US outlines reason for U.S’ strategic inflection towards India
[ad_1] Updated on Apr 28, 2022 10:53 AM IST US Secretary of State Antony Blinken said India built its partnership with Russia out of necessity as the US was not […]
EAM rips into West for criticising India on Ukraine, calls out ‘Afghan’ response
[ad_1] Published on Apr 26, 2022 06:05 PM IST External Affairs Minister S Jaishankar on Tuesday reiterated India’s position amid the ongoing conflict in Ukraine and asked the western countries […]
Kyiv Symphony Orchestra: ‘Voice of Ukraine’ tour comes to Germany
[ad_1] The Kyiv Symphony Orchestra — arguably the most celebrated in Ukraine — had been scheduled to perform Wagner in the capital city with the star German opera singer Matthias […]
RBI to hike repo rate in June to tackle rising inflation: Report
[ad_1] The Reserve Bank of India will raise its repo rate in June and hike at a faster pace than predicted just a few weeks ago as a surge in […]
Modi, Macron likely to meet in May first week
[ad_1] Prime Minister Narendra Modi is expected to travel to Europe from May 2 to 6 to have bilateral meetings with re-elected French president Emmanuel Macron and German chancellor Olaf […]
Stuck in Ukraine, wheels of Vande Bharat trains to be airlifted to India
[ad_1] India’s import orders to a Ukrainian firm for thousands of wheel sets for Vande Bharat trains have been hit by the war, but 128 wheels were taken to neighbouring […]
US envoys Blinken, Austin to visit Ukraine, Zelensky says
[ad_1] Ukrainian President Volodymyr Zelensky said that US secretary of state Antony Blinken and Defense Secretary Lloyd Austin would visit Kyiv on Sunday, in what would be a risky show […]
Boris Johnson sparks outrage with bulldozer photoshoot amid row over demolitions
[ad_1] UK Prime Minister Boris Johnson arrived in India under the shadow of “partygate” and quickly found himself in the middle of another controversy when he jumped atop an excavator […]
Rajnath Singh’s ‘Make In India’ pitch for U.S defence firms amid Ukraine War
[ad_1] Published on Apr 21, 2022 05:58 PM IST Defence Minister Rajnath has urged U.S companies to take advantage of the policy initiatives taken by the Modi government and carry […]
After Infosys, Tata Steel stops business with Russia over Ukraine invasion
[ad_1] Days after India’s tech giant Infosys dropped out of business with Russia, the European arm of Indian steel major Tata Steel on Wednesday said it will stop doing business […]
Rupee surges 29 paise to close at 76.21 against US dollar
[ad_1] The rupee appreciated 29 paise to settle at 76.21 (provisional) against the US dollar on Wednesday, tracking positive domestic equities and some moderation in crude oil prices. At the […]
Has Elon Musk fully thought through the bid to buy Twitter?
[ad_1] The Elon Musk and Twitter saga has been rumbling on since the month began. From the very beginning, things didn’t seem right. They haven’t seemingly gotten any better since. […]
Hope India can help in negotiations to end Ukraine conflict: Finland minister
[ad_1] NEW DELHI: Finland’s economic affairs minister Mika Lintilä said on Monday that he hopes India can help in negotiations to end the conflict in Ukraine, which has had a […]
Morning brief: Russia claims control of Ukraine’s Mariupol, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion at 9am. Know all about the latest news and other news updates from Hindustan Times. Russia says Mariupol captured, Zelensky warns […]
Wheat purchase till Baisakhi breaks 15-year record in Punjab
[ad_1] Wheat procurement in the ongoing rabi marketing season reached 17 lakh tonnes till April 13, setting a 15-year record for this period Wheat procurement in the ongoing rabi marketing […]
Indian exports set to cross $650bn in FY22 as services hit record $250bn
[ad_1] India exported $250 billion in services during the 2021-22 financial year in what is a record in value, commerce minister Piyush Goyal said on Wednesday, adding that the total […]
Ukraine claims missile strike on Russian warship
[ad_1] Ukrainian forces damaged a Russian warship in the Black Sea with missile strikes Wednesday, the governor of Odessa said. “Neptune missiles guarding the Black Sea caused very serious damage […]
India’s Infosys to move business out of Russia
[ad_1] Several other global IT and software players including Oracle Corp and SAP SE have either suspended or paused all operations in Russia. Indian software behemoth Infosys Ltd said on […]
World Bank slashes India’s GDP forecast to 8% from 8.7% in fiscal year 2022-23
[ad_1] The World Bank cut its economic growth forecast for India and the whole South Asian region on Wednesday, citing worsening supply bottlenecks and rising inflation risks caused by the […]
Neha Bhasin’s brother marries Ukrainian girlfriend who fled the country during war with Russia; fans call her ‘brave’
[ad_1] Neha Bhasin’s brother Anubhav Bhasin got married to Anna Horodetska in New Delhi. Anna is a Ukrainian resident. Singer Neha Bhasin’s brother Anubhav Bhasin tied the knot with his […]
Won’t halt military operation in Ukraine for peace talks: Russian FM Sergey Lavrov
[ad_1] Russian foreign minister Sergey Lavrov on Monday brushed aside any possibility of a ceasefire in Ukraine, saying Moscow is open to resuming peace talks with Kyiv but that does […]
The network protecting Ukraine’s cultural heritage
[ad_1] In addition to the immense human suffering that has occurred since Russia invaded Ukraine on February 24, the ongoing war also means that Ukraine’s cultural heritage is under threat. […]
Zelenskyy seeks peace despite atrocities: ‘No one wants to negotiate with…’
[ad_1] Ukrainian President Volodymyr Zelenskyy said Saturday that he is committed to pressing for peace despite Russian attacks on civilians that have stunned the world, and he renewed his plea […]
Social Media Star of The Week: Stepan the ‘chill’ cat
[ad_1] Chill Ukrainian cat Stepan wins the HT Brunch Social Media Star of The Week for raising $10,000 through social media to help animals suffering because of Russia’s war in […]
Stars join ‘Stand Up for Ukraine’ campaign
[ad_1] Many of the world’s top artists, entertainers, athletes and advocates will join in a global social media rally on Friday to raise billions in aid for humanitarian efforts in […]
Light tanks, naval choppers, arty guns among new weapons under phased import ban
[ad_1] In a renewed push to aatmanirbharta (self-reliance) in defence, India on Thursday published a new list of 101 weapons and systems that will come under a phased import ban […]
Driver killed as car crashes into gate of Russian embassy in Romania’s Bucharest: Police
[ad_1] The car, a sedan, rammed into the gate at 6am on Wednesday but could not enter the embassy compound, the police said. Demonstrators gather to protest Russia�s invasion of […]
House discusses govt evacuation effort in Ukraine
[ad_1] Ruling party and opposition lawmakers squared off in the Lok Sabha on Tuesday on the situation in Ukraine and the country’s evacuation operation, with several ministers defending the government’s […]
Russia has failed in initial Ukraine war aims, will focus on south and east now: US
[ad_1] Offering its latest assessment of the war in Ukraine, the US has said that Russia has failed in its initial war aim of subjugating all of Ukraine and will […]
Cost of living rises in India as companies pass on higher prices to consumers
[ad_1] Indian manufacturers are running out of capacity to absorb rising input costs, with an increasing number passing it along to consumers in an economy already grappling with Asia’s third-fastest […]
Explained: How could Russia’s Putin be prosecuted for war crimes in Ukraine?
[ad_1] US President Joe Biden on Monday called for the prosecution of Russian President Vladimir Putin for war crimes over the discovery in Bucha, Ukraine, of mass graves and bodies […]
India’s financial condition worse than Sri Lanka, says Bengal CM Mamata Banerjee
[ad_1] West Bengal chief minister Mamata Banerjee said on Monday that India’s financial condition is worse than Sri Lanka and urged the Centre to call for an all-party meeting to […]
Satellite images show long trench at Ukrainian mass grave site, Maxar says
[ad_1] Maxar Technologies, which collects and publishes satellite imagery of Ukraine, said the first signs of excavation for a mass grave at the Church of St. Andrew and Pyervozvannoho All […]
India on cusp of major economic recovery: Niti Aayog VC
[ad_1] India is on the cusp of a major economic recovery and talks of possible stagflation are “overhyped” as a strong economic foundation is being laid with the reforms carried […]
‘Good friend of India’: Ex-foreign minister Natwar Singh on Sergey Lavrov’s India visit, cites Kashmir
[ad_1] Written by Sharangee Dutta | Edited by Chandrashekar Srinivasan, New Delhi Former foreign minister and veteran Congress leader Natwar Singh on Friday praised Russian foreign minister Sergey Lavrov, calling […]
Ukraine: Over 40 Indians still left in war-torn nation, Union minister tells Rajya Sabha
[ad_1] As many as 22,500 nationals have returned to India from Ukraine since February and around 40-50 Indians are still in the war-torn country, of which only a few are […]
India Ratings cuts GDP growth forecast to 7 per cent for 2022-23
[ad_1] India Ratings and Research (Ind-Ra) on Wednesday cut India’s GDP growth forecast for the 2022-23 financial year to 7 – 7.2 per cent from its earlier estimate of 7.6 […]
Daily brief: World Inequality Report ‘flawed’, method ‘questionable’, says FM, and all the latest news
[ad_1] Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times. World Inequality Report ‘flawed’, methodology ‘questionable: Sitharaman Union […]
India says no plans for now to buy Russian oil in rupees
[ad_1] India is not considering buying oil from Russia or any other country using Indian rupees, the junior oil minister told parliament on Monday, after Western nations imposed sanctions on […]
Macron says ‘can’t escalate’ Ukraine war after Biden’s ‘butcher’ remark on Putin
[ad_1] In latest reaction to US President Joe Biden’s “cannot remain in power” and “butcher” remarks on his Russian counterpart Vladmir Putin, French President Emmanuel Macron cautioned against a verbal […]
How Ukrainian cultural heritage is being preserved online
[ad_1] Russian bombs are falling on Ukraine for the fourth week running. Houses and hospitals have been destroyed, and many people have been killed. The cultural heritage of the country […]
India’s diplomatic tightrope at UNSC; Abstains from Ukraine-led vote on crisis
[ad_1] Published on Mar 25, 2022 10:18 AM IST India on Thursday abstained on a resolution at the United Nations General Assembly adopted by a majority that criticised Russia for […]
Daily brief: Russian weapon parts feature among 107 defence items under India’s new import ban, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. Russian weapon parts among 107 defence items under […]
British man travels across Ukraine, evacuates lion and wolf from zoo
[ad_1] “You seriously rock,” wrote an user of Facebook while reacting to the post about a British man travelling across Ukraine to evacuate a lion and a wolf from a […]
Russian journalist Oksana Baulina killed in Kyiv shelling
[ad_1] A Russian journalist for the investigative news outlet The Insider was killed when Russian troops shelled a residential neighbourhood in the Ukrainian capital, the outlet said Wednesday, the latest […]
‘220 new airports for India in just three years’, says aviation minister
[ad_1] Civil aviation minister Jyotiraditya Scindia made the announcement in the Lok Sabha while responding to demands for grants of the civil aviation ministry for 2022-23. Written by Kanishka Singharia […]
Afternoon brief: Foreign secy Shringla in US ahead of UNGA meet, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. Foreign secretary Harsh Vardhan Shringla in US ahead […]
In Modi’s phone call with Boris Johnson, a call to respect Ukraine’s integrity
[ad_1] Prime Minister Narendra Modi and his British counterpart Boris Johnson on Tuesday called for Ukraine’s integrity and territorial sovereignty to be respected and for an immediate end to hostilities. […]
Can literature rise up against Russia’s war in Ukraine?
[ad_1] While Ralf Nestmeyer, vice president of the German PEN Center, was traveling to the Leipzig Book Fair, he saw many Ukrainian refugees fleeing the invading Russian army: at the […]
Evening brief: Foreign secy Shringla says this on Pak PM’s word of praise for India, and all the latest news
[ad_1] Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. Here are today’s top news, analysis, and opinion. […]
Premium Conversations with Ashley Tellis: Decoding India-US ties post-Ukraine
[ad_1] Washington: Ashley J Tellis, the Tata chair for strategic studies at Carnegie Endowment for International Peace, is among the foremost experts on Asia in the United States. As a […]
Egyptian archaeologists discover five tombs at Saqqara
[ad_1] Egypt’s Ministry of Tourism and Antiquities presented its recent discoveries on Saturday which include five tombs belonging to a pharaonic necropolis complex at Saqqara, just outside the capital Cairo. […]
Ukraine says won’t surrender Mariupol amid Russia warning of ‘catastrophe’
[ad_1] There is ‘no question’ of surrendering Mariupol, Ukrainian deputy Prime Minister Irina Vereshchuk has said, responding to Russia’s ‘offer’ to Ukrainian troops defending the strategic port city to lay […]
Zelensky’s ‘peace’ message to Putin as Russian forces advance into Mariupol
[ad_1] Published on Mar 20, 2022 11:17 AM IST Ukrainian President Volodymyr Zelensky appealed for peace and urged for talks as Russian forces advanced into Mariupol. Zelensky said ‘negotiations are […]
India gets opportunity to export wheat but risks remain
[ad_1] The war in Ukraine has presented a rare opportunity for India to profitably export large quantities of wheat from its stockpiles, as global prices have surged above the domestic […]
Medical student Naveen’s body to arrive on Monday clarifies Karnataka CM
[ad_1] Bengaluru: The mortal remains of Naveen Shekarappa Gyanagaudar, a final year medical student from Karnataka who was killed in shelling in war-torn Ukraine’s Kharkiv, is likely to reach India […]
War offers rare chance for agri-export boom, and risks too
[ad_1] The Russia-Ukraine crisis has opened doors for India to export large quantities of wheat from its stockpiles profitably – a rare chance — as global prices have surged above […]
Malavika’s Mumbaistan: Home Truths
[ad_1] Home. It’s been called ‘the most popular, and most enduring of all earthly establishments’, a ‘heaven for beginners’ and ‘the nicest word that exists.’ According to Maya Angelou ‘the […]
Russia-Ukraine war: At UNSC, India again demands ban of biological weapons
[ad_1] India on Friday once again stressed on the importance of prohibition of the use of biological weapons that could potentially turn the Russia-Ukraine conflict into a biochemical war, maintaining […]
PM Modi to hold virtual summit with Australian counterpart next week, to discuss Ukraine situation
[ad_1] Prime minister Narendra Modi and Australian prime minister Scott Morrison will hold the second India-Australia virtual summit on Monday. The announcement was made by external affairs ministry spokesperson Arindam […]
Asian shares retreat as oil climbs back above $100
[ad_1] Shares were mostly lower in Asia on Friday after Wall Street extended a rally into a third day and oil prices pushed higher, surpassing $105 per barrel. Tokyo and […]
US vows to increase cost on Russia until Putin ends war on Ukraine
[ad_1] As US and China continue to clash over what has been claimed as Beijing’s support to Russia, Joe Biden will speak to Xi Jinping on a telephone call to […]
50 Indian nationals still in Ukraine as govt explores ways to evacuate them
[ad_1] About 50 Indian nationals are still believed to be in Ukraine and the government is exploring various options amid intense fighting to bring out up to 20 citizens who […]
Spain warns EU of impact of high inflation on recovery plan
[ad_1] Spain has raised concerns with the European Commission about the impact of surging inflation on its 70-billion-euro EU-funded recovery plan and expects “guidance” on limiting its effects on projects, […]
Thailand to relax entry rules for tourists to support economic recovery as war hits arrivals
[ad_1] Thailand plans to scrap a mandatory pre-arrival Covid-free certificate for vaccinated tourists to support an economic recovery facing headwinds from the pandemic and the fallout of Russia’s invasion of […]
Will seek nod to allow Ukraine returnees to study in Bengal: Mamata Banerjee
[ad_1] Kolkata: Chief minister Mamata Banerjee on Wednesday said her government will write to the medical education regulator for allowing 2nd to 6th year medical students, who have returned from […]