Russian oil tankers get India safety cover via Dubai company

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India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers withdrew their services due to global sanctions against Moscow. Certification by the Indian Register of Shipping (IRClass),Read More →

Rupee plummets 84 paise to all-time low of 77.01 against U.S. dollar amid Ukraine crisis

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The rupee tanked 84 paise to close at its lifetime low of 77.01 (provisional) against the U.S. dollar on March 7 as intensifying geopolitical risks due to the Russia-Ukraine conflict pushed investors to safe haven assets. Forex traders said escalating tensions between Russia and Ukraine kept crude oil prices atRead More →