External Affairs Minister S Jaishankar, known for his sharp comebacks, waded into the ‘services-versus-manufacturing’ debate yesterday. “I have always believed that this focus on services was actually an elegant excuse for being incompetent in manufacturing,” he said in his inimitable style.
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.