Economy News

fuel prices

Negative global cues, weak rupee subdue Indian equity indices

According to analysts, investors feared that high petrol and diesel prices and a weak rupee would pump up the retail and wholesale inflation rates, thereby mitigating chances of a rate cut by the Reserve Bank of India in the near term. Sep 11, 2018
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Individuals pay more than $ 1 trillion in bribes each year, says UN chief

UN chief linked corruption to many forms of instability and violence, such as the illicit trafficking of weapons, drugs, and people, and noted that connections between corruption, terrorism and violent extremism have been repeatedly recognised by the Security Council and the General Assembly. Corruption costs $ 2.6 trillion, or five per cent of the global GDP. Sep 11, 2018
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