U.S. retail sales increased more than expected in November, buoyed in part by an acceleration in motor vehicle purchases, consistent with strong underlying momentum in a resilient economy.
Brent crude futures fell $1.01, or 1%, to $114.80 a barrel, while US West Texas Intermediate crude declined 99 cents, or 1.01%, to $100.88 a
Uday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned that repayments including interest could reach $160-170
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