India Us Bilateral Trade Agreement: ‘Constructive and forward-looking’: India, US conclude ministerial-level talks on interim trade pact ahead of July tariff deadline

India Us Bilateral Trade Agreement: ‘Constructive and forward-looking’: India, US conclude ministerial-level talks on interim trade pact ahead of July tariff deadline

Both nations conclude ministerial-level talks on interim trade pact ahead of July tariff deadline India and the United States on Wednesday concluded a two-day round of ministerial-level negotiations on the proposed first phase of their Bilateral Trade Agreement (BTA), with both sides reviewing progress and discussing ways to finalise an interim pact before a key…

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Airfares: Airfares could rise by up to 25% as jet fuel costs surge, says McKinsey

Airfares: Airfares could rise by up to 25% as jet fuel costs surge, says McKinsey

Airfares could rise by up to 25% as jet fuel costs surge, says McKinsey Geopolitical disruptions and refinery constraints are tightening global jet fuel supplies, increasing costs for airlines and potentially leading to higher airfares, according to a McKinsey report.The report said jet fuel demand is expected to rise ahead of the summer travel season…

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India, US talk trade again: The story so far and a deadline that could yield breakthrough

India, US talk trade again: The story so far and a deadline that could yield breakthrough

Commerce minister Piyush Goyal and US trade representative Jamieson Greer this week resumed talks in New Delhi aimed at clearing the last hurdles to an interim trade agreement. An American delegation led by Greer also met finance minister Nirmala Sitharaman on the sidelines. US ambassador to India Sergio Gor called the discussions a move “decisively…

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Oil Prices: Oil prices today: Crude falls to four-month low as Hormuz traffic improves, Iran supply outlook weighs on market

Oil Prices: Oil prices today: Crude falls to four-month low as Hormuz traffic improves, Iran supply outlook weighs on market

Oil prices drop to the lowest since February on Iran supply hopes Crude oil prices extended their decline on Wednesday, falling to fresh four-month lows as signs of improving tanker movement through the Strait of Hormuz and expectations of increased Iranian exports eased concerns over supply disruptions, according to Reuters.Brent crude futures dropped $1.37, or…

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Why macro trading is hard

Why macro trading is hard

How much would you have paid ten years ago, as votes were counted for Britain’s Brexit referendum, to glimpse the next morning’s headlines and trade ahead of them? If you were betting on the pound, it would have helped a lot. The night of the poll £1 bought $1.50; a fortnight later, less than $1.30….

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RBI governor says talk of rate hike ‘premature’ amid geopolitical uncertainty

RBI governor says talk of rate hike ‘premature’ amid geopolitical uncertainty

RBI Governor says rate hike talk ‘premature’ as crude prices, monsoon remain uncertain NEW DELHI: Reserve Bank of India Governor Sanjay Malhotra has pushed back against expectations of an imminent interest rate hike, saying it is “premature” to discuss tightening given the fragile truce between the US and Iran and the uncertainty it creates for…

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Adani Group AGM: From 10 GW nuclear power capacity to big energy plans - what Gautam Adani said

Adani Group AGM: From 10 GW nuclear power capacity to big energy plans – what Gautam Adani said

Gautam Adani said land has already been identified for the proposed nuclear venture, Adani Atomic Energy. At the Adani group’s annual general meeting (AGM), chairman Gautam Adani said that there are plans to develop 10 gigawatts (GW) of nuclear power capacity by 2035. He signalled the conglomerate’s entry into the nuclear energy sector as it…

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