Fossil fuel prices are down from 2022 peaks, but “markets are tense and volatile,” said the IEA in the report.
This comes after global shipping giant Maersk on Friday decided to extend its diversion of vessels from the Red Sea for the “foreseeable” future, sparking fears of a sharp rise in freight and insurance cost for Indian products.
In addition, the two countries are also working to iron out differences on issues like intellectual property rights (IPR) and rules of origin and some differences in the services sector under the FTA negotiations, the official said.
Zomato’s stock jumped 14.11 per cent to touch an intraday high of Rs 98.39 on BSE, against its previous close of Rs 86.22.
Last month, SEBI floated a consultation paper proposing a set of measures to restrict the association of regulated entities or intermediaries with unregistered finfluencers.
The company has 15 manufacturing units and 90 per cent of the products sold in the country are manufactured in-house.
Demand for diesel, the most consumed fuel in the country accounting for about two-fifths of the demand, fell 15 per cent to 2.96 million tonnes in July 1-15, compared to the year-ago period.
During intra-day, the domestic currency touched the peak of 82.19 and hit the lowest level of 82.34.
Recently, due to higher-than-usual inflows into small cap funds, Nippon Life India Asset Management, announced that it will not accept lump-sum investments in one of its schemes – Nippon India Small Cap Fund (NISF).
In an interaction with The Indian Express, Malhotra talks about the thought and strategy driving IndiGo’s international expansion, the Indian civil aviation landscape, and the growth potential it offers to carriers.