New Delhi, March 20 Vedanta Chairman Anil Agarwal has highlighted three key challenges hindering the operationalization of mines: difficulties in land acquisition, delays in obtaining environmental and forest clearances, and high premiums that make some mines commercially unviable – and urged...
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Mumbai, March 4 The rupee plunged by 69 paise to a historic low of 92.18 against the US dollar on Wednesday, as a sharp rise in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.Forex traders said that the domestic...
Mumbai, March 2 The rupee saw a steep loss of 41 paise to settle at 91.49 against the US dollar on Monday after intensified US and Israeli attacks on Iran worldwide increased risk aversion, driving up crude oil prices and increasing demand for the American currency.Massive selling in domestic...
India is unlikely to face any immediate disruptions in oil supplies despite the rising tensions around Iran and the Strait of Hormuz, but higher crude prices and broader macroeconomic pressures are expected in the near term, according to officials and analysts.Indian refineries currently have...