Russia-Ukraine War

India Plans Standalone Renewable Battery Power Bank

India Plans Standalone Renewable Battery Power Bank

India is all set to invest in the first-of-its-kind standalone renewable battery power bank. With an investment of Rs. 2000 Crore, India wants to make green energy available on tap for discoms and grid operation during peak demand. But the spike in the price of lithium, key ingredients to make batteries, and the supply chain…

India’s Exports Crossed $400 Billion First Time In The History

India’s Exports Crossed $400 Billion First Time In The History

India has met the annual export target for the first time ever. The country crossed the crucial threshold of the $400 billion annual merchandise export target.  In this regard, PM Narendra Modi tweeted, ━ “India set an ambitious goods export target of $400 billion and achieved it for the first time ever. I congratulate our…

LIC: SEBI Gives Nod to Launch India’s Highest IPO Ever

LIC: SEBI Gives Nod to Launch India’s Highest IPO Ever

The market regulator has approved the much-awaited IPO of 2022. According to the sources, SEBI has issued an observation letter. LIC had filed it’s Draft Red Herring Prospectus (DRHP) with SEBI in February. As per DRHP, the issue would be an offer to sell 31,62,49,885 (31.62 crores) equity shares by the government, which holds a…

Indian Govt Amending Budget Plans Amist Russia-Ukraine War

Indian Govt Amending Budget Plans Amist Russia-Ukraine War

Budget 2022-23 was launched in February, which came with lots of hopes, including boosting employment, strengthening infrastructure, and a lot more. But the Russia-Ukraine war could impact India’s spending plans.  As per the reports, India is likely to be affected by the Russia-Ukraine war following a surge in global prices of commodities. The Indian govt…

Russia-Ukraine War: Shares Rebounded, Crude Oil Surged $110/bbl

Russia-Ukraine War: Shares Rebounded, Crude Oil Surged $110/bbl

Russia-Ukraine War Day 8 The war has shaken the whole world, from the global stock market to transportation. US and European stocks, which have fallen a few days back, rebounded on Wednesday, but crude prices surged past $110 a barrel as fighting raged in Ukraine for the seventh day, posing a challenge for central banks…

Three Shipping Lines Halt Cargo Shipment To and From Russia

Three Shipping Lines Halt Cargo Shipment To and From Russia

The world’s three biggest shipping companies announced the temporary suspension of shipment to and from Russia on Tuesday in the wake of Russia’s invasion of Ukraine.  Russia’s attack on its neighbour country, which Moscow called a “Special Operation”, is the biggest state-to-state invasion in Europe after World War II.  First, Swiss-headquartered MSC, the world’s biggest…