It was about time we witnessed a material correction. The last one we witnessed was when Japan raised interest rates, and the yen carry trade was presumed to be under threat.
BP already has a similar arrangement for ONGC’s flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping
India’s fertiliser subsidy bill could surge past a record ₹3 lakh crore this fiscal if the West Asia crisis continues, sharply exceeding the budget estimate
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