India and New Zealand have finalized a free trade pact with an investment arrangement allowing New Zealand dairy firms to process raw materials in India for re-export. This initiative aims to boost India’s exports and includes a fast-track mechanism for New Zealand products. India also committed to future consultations on dairy access for comparable economies.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.