The Organization of the Petroleum Exporting Countries (OPEC) and their allies failed to reach an agreement on a change in the production policy and all further negotiations have been postponed indefinitely. This sent the crude oil soaring to a six-year high of USD 76.98 per barrel during the fortnight. The resurgence of economies globally is driving demand for black gold. Hence, OPEC Plus leaders Saudi Arabia and Russia proposed to increase production by four lakh barrels per day each month from August 2021 till the end of the year. However, the United Arab Emirates (UAE) rejected this proposal.
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Invest The Right Way
Shalab Gupta Bibhab Founder, Bibhab Capital
Venkatraman Narayanan MD & CFO, Happiest Minds Technologies
''Digital technologies are assuming center-stage across all industry verticals''
Positive Cues Fuel Market Movement
India’s Gross Domestic Product (GDP) for Q1FY22 grew by 20.1 per cent as compared to the 24.4 per cent contraction recorded in the same quarter a year ago.
Do You Have A Retirement Insurance Plan?
In order to enjoy the same standard of living once you are retired and do not have a regular income, there is a need to engage in proper financial planning. And this must necessarily include retirement insurance
Global Indices Rally On The Back Of Political Moves
On a wave of buoyancy, Nasdaq and S & P 500 touched fresh highs and gained 2.82 per cent and 1.25 per cent, respectively, during the fortnight.
Does Silver Shine as Bright as Gold?
When it comes to investing for the sake of portfolio diversification, most investors prefer to add gold to their kitty. Silver is generally ignored. Why is that so? The article highlights the reasons and also points out to newbie investors the pitfalls of parking funds in this metal
ESCORTS LIMITED: Riding The High Wave Of Success
Given its strong presence in such infrastructure-related segments as railways, agriculture and construction, On an overall basis, the company is well poised to take a leap of growth in the future as the economy advances
Balancing The Investment Boat
Hemant Rustagi Chief Executive Officer, Wiseinvest Pvt Ltd.
Aneel Gambhir CFO, BLUE DART EXPRESS LTD.
''Our goal has been to turn crisis Into opportunity''
Debt Mutual Funds Or Public Provident Fund: Take Your Pick!
Both debt funds and the public provident fund have their advantages and drawbacks when it comes to returns, withdrawal facility and taxation. The article takes a deeper look at how these work out for an individual investor and provides guidelines that may match your requirements
RUSSIA URGES APPLE, GOOGLE TO REMOVE NAVALNY APP FROM STORES
Russia’s state communications watchdog warned Apple and Google on Thursday that they could face fines if they fail to remove an app created by allies of jailed Russian opposition leader Alexei Navalny from their stores.
Who Comes Next?
The race to succeed Germany’s Angela Merkel pits caution against boldness
RUSSIA BLAMES SPACE STATION LAB INCIDENT ON SOFTWARE FAILURE
A Russian space official blamed a software problem on a newly docked science lab for briefly knocking the International Space Station out of position.
The Prince of Oil
Saudi Prince Abdulaziz bin Salman, the most powerful man in oil, navigates unruly OPEC+ nations, huge swings in price and production—and the end of fossil fuels
RUSSIA FINES GOOGLE FOR VIOLATING DATA STORAGE LAW
A Moscow court ordered Google on Thursday to pay a fine of 3 million rubles (roughly $41,000) for refusing to store the personal data of Russian users on servers in Russia, a move that is part of the government’s longstanding effort to tighten its grip on online activity.
RUSSIAN LAB MODULE DOCKS WITH SPACE STATION AFTER 8-DAY TRIP
Russia’s long-delayed lab module successfully docked with the International Space Station on Thursday, eight days after it was launched from the Russian space launch facility in Baikonur, Kazakhstan.
LABRADORITE A Feldspar Mineral with a Rainbow Inside
Collectors often dig labradorite as a colorful rock, but it is actually a mineral, not a rock. It is one of a half dozen varieties of feldspar divided into two groups that make up the crust of the earth. One group is the potassium feldspars, including microcline. The other group is a plagioclase feldspar, including labradorite.
PENTAGON TO STEALTH FOES: BRING IT ON!
Preps for cyberwar as rogue nations chisel away
RUSSIA WON'T BLOCK TWITTER, BUT PARTIAL SLOWDOWN TO CONTINUE
Russian authorities backed away from threats to block Twitter, saying that the social media platform deleted most of the banned content identified by Moscow and expressed “readiness and interest in building a constructive dialogue.”
From Russia With Love
Seen throughout Alaska, the matryoshka nesting dolls are as poignantly meaningful as they are increasingly adorable.