Indonesia, the worlds top palm oil producer, announced plans to ban exports of the most widely used vegetable oil, in a shock move that could further inflame surging global food inflation. Indonesia announced its plans to ban export of palm oil from 28 April 2022. The country is the worlds top palm oil producer while India is the worlds largest importer of edible oils, and […]
Benchmark indices declined for the second trading session on Monday amid weak global cues. The Nifty settled with deep losses below the 17,000 mark. Selling was wide spread. However, private banks stocks sailed through the tide after ICICI Bank reported good Q4 numbers. Fears of an aggressive rate hike by the US Fed, COVID-related lockdowns in China, and the ongoing Ukraine-Russia war dented investors sentiment. […]
Japan share market finished session steep lower on Monday, 25 April 2022, extending losing streak for second consecutive day, on tracking weak lead from Wall Street Friday amid growing anxiety for a bigger interest rate hike by the U.S. Federal Reserve. At closing bell, the 225-issue Nikkei Stock Average declined 514.48 points, or 1.9%, to 26,590.78. The broader Topix index of all First Section issues […]
The government was earlier planning to sell its 5 per cent stake in LIC to raise Rs63,000 crore.

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