Business

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India ramps up deepwater gas production

The beginning of production at what is now Asia’s deepest offshore natural gas field will increase the share of natural gas in India’s energy basket....
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Bitcoin smashes 27000 ceiling less than 24 hours after passing 26000

The world’s premier cryptocurrency, bitcoin, has set another all-time record, surging past $27,000 after blowing through a previous milestone less than 24 hours earlier, and days...
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Why India is the most exciting renewable market in the world

As India races towards its ambitious climate goals, it is quickly becoming one of the most exciting renewable energy markets on the planet....
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Pinning down priorities Russias central bank boss sent coded messages to financial market via...

Elvira Nabiullina, Russia’s Central Bank chief, said the brooches she wore this year during press conferences after making decisions on key interest rates were all very...
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China to dethrone US as worlds biggest economy sooner than wed predicted expert group...

The Centre for Economics and Business Research (CEBR) expects that China’s economy will outshine that of the US by 2028, half a decade sooner than it...
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Digital currencies may challenge SWIFT global payment network says Russian central bank

The development of digital currencies may challenge the SWIFT international banking payment system and could eventually make it redundant, the Central Bank of Russia (CBR) has...
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China extends tariff exemptions for US chemical and oil products

Six US chemical and oil products will not be targeted by additional duties for another year, according to China’s finance ministry. The exemptions were initially introduced...
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Russia to invest more than 200 billion in fighting poverty

The Russian government is to spend a total of 15.3 trillion rubles (nearly $207 billion) over five years to reduce poverty and boost citizens’ real incomes,...
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British pound hits 2 year high after historic post Brexit trade deal with EU

The British pound has risen to a near two-year high after a long-awaited post-Brexit trade deal was finally struck between the United Kingdom and the European...
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Russia plans to boost oil production next year under OPEC agreement

Russia will support hiking production under the historic OPEC+ accord by 500,000 barrels a day in February if the market continues to stabilize, the deputy prime...

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