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Economy Archives - The 3 Monkey
Russian oil tankers receive India’s insurance through a company in Dubai

Russian oil tankers receive India’s insurance through a company in Dubai

Following the withdrawal of Western certifiers due to international sanctions against Moscow, India is now providing safety certification for dozens of ships managed by a subsidiary of the leading Russian shipping company Sovcomflot, according to official data. This has enabled oil exports to India and other countries. After insurance, certification from one of the top […]

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Rupee at 74.98 against USD, bond mkt shrugs off Moody’s outlook upgrade

Rupee at 74.98 against USD, bond mkt shrugs off Moody’s outlook upgrade

By Administrator_India Capital Sands The rupee tumbled to the almost 75 a dollar level and the 10-year bond yields remained elevated on Wednesday, shrugging off India’s outlook revision by Moody’s, as international crude oil prices rose to a seven-year high, fuelling concerns about a wider fiscal deficit and rising inflation. The rupee closed at 74.98 a dollar, briefly touching […]

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FPIs continue to be net buyers, pump in Rs 7,605 crore in Sep so far

FPIs continue to be net buyers, pump in Rs 7,605 crore in Sep so far

By Administrator_India Capital Sands Continuing the buying in Indian markets, foreign portfolio investors (FPIs) pumped in a net sum of Rs 7,605 crore in September so far. According to data from depositories, overseas investors invested Rs 4,385 crore into equities and Rs 3,220 crore in the debt segment during September 1-9. FPI funding in September comes after buying to […]

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No plan to print currency notes to tide over economic crisis: Sitharaman

No plan to print currency notes to tide over economic crisis: Sitharaman

By Administrator_India Capital Sands The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the Finance Minister said, “No Sir”. Many economists and […]

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