Author: Sushma Ramachandran

International oil markets are in a tizzy as several rapid developments have pushed prices to levels last reached nearly a year ago. First, Russia and Saudi Arabia have extended voluntary production cuts till December while worldwide demand is rising. Second, export of gasoline and diesel from Russia has been stopped except to four former Soviet […]

India has graduated to a higher position in the comity of nations in recent days. Global financial firm Morgan Stanley has upgraded India as an investment destination while downgrading China. This comes on the heels of leading credit rating agency, Fitch Ratings actually downgrading the credit rating of the world’s biggest economy, the United States. […]