By Dr Arun Mitra The group of 20 countries, nick named as G20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union. So far seven summits of the G20 have been held. […]
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By K Raveendran India is leading a global recovery in gold jewellery. This is despite the fact that gold prices have hit a five-month high. The demand engine is driven by urban consumers, encouraged by a return to pre-covid levels of economic activity. Rural consumers were more cautious as their inflation outpaced that of their […]
The post India Leads World Gold Jewellery Demand Recovery After Covid Blues first appeared on IPA Newspack.
By Anjan Roy The global oil market is entering a critical phase as the European Union’s price cap for Russian oils comes into immediate effect. The EU has set a price cap of $60 per barrel for Russian oils. Oil prices have hovered around $80 per barrel, and the EU price is not far below […]
The post Western Price Cap On Russian Oil May Lead To Further Global Recessionary Pressure first appeared on IPA Newspack.
By K Raveendran The price cap of $60 for Russian crude is coming into force full steam, with EU countries joining the G-7 and American punitive measure aimed at squeezing out Moscow’s financial resources so as to force it abandon the Ukraine war. A few countries, such as Poland, had initially refused to toe the […]
The post EU Price Cap Of $60 For Russian Oil Takes Hold, Advantage For India first appeared on IPA Newspack.