India’s imports from Russia doubled to USD 20.45 billion in April-July period

With this, Russia has become India’s second largest import source during the first four months of this fiscal. The imports were USD 10.42 billion during April-July 2022. From a market share of less than 1 per cent in India’s import basket before the start of the Russia-Ukraine conflict, Russia’s share of India’s oil imports rose […]

JSPL top steel pick yet again, SAIL’s debt clouds prospects

Most brokerage firms have raised the target price for shares of Jindal Steel and Power by 8-18% while retaining their ‘buy’ rating on the stock, which fell 5.2% to ₹662.25 on Monday. Jindal Steel’s operating profit surpassed estimates helped by lower raw material costs and other operational efficiencies, while its debt levels fell to a […]