Falling oil prices bring relief to India’s fiscal and current account deficits

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Finmin to review macro parameters towards year-end, inflation seen to remain high on base effect, energy price pass-through With crude oil prices now cooling amidst the interim peace deal between the US and Iran, India is hopeful that there will be some easing of its worries on the economic front. According to senior government sources,…

Zomato parent Eternal hits ₹3.16 trillion mcap, overtakes ONGC, Adani Ports

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Eternal’s share price has risen over 2.75 per cent in the past month and more than 31 per cent over the last three months Eternal, the parent company of Zomato, on Tuesday hit a market capitalisation of around ₹3.16 trillion, surpassing the likes of Adani Ports, Oil and Natural Gas Corporation (ONGC), etc. The stock…