April 2022 – TradenTalks

Oil prices rise on supply concerns as Ukraine crisis deepens

April 18, 2022 Administrator_IndiaCrude Oil, Market, Russia, Ukraine0 comment

Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia. Brent futures were up $1.50, or 1.3%, at $113.20 a barrel at 0030 GMT, and U.S. West Texas Intermediate futures rose 98 cents, or 0.9%, to $107.93 a barrel. Ahead of the Easter weekend holidays, both contracts gained more than 2.5% on Thursday on news that the European Union might phase in a ban on Russian oil imports. EU…

India

Tributes pour in on Ambedkar Jayanti; ‘indelible contributions’, says PM

April 14, 2022 Administrator_IndiaB.R. Ambedkar, India, PM Modi0 comment

Prime Minister Narendra Modi on Thursday paid tributes to B R Ambedkar on his 131st birth anniversary, saying it is a day to “reiterate our commitment to fulfilling his dreams”. In a tweet, he said Ambedkar has made indelible contributions to India’s progress. President Ram Nath Kovind also paid tributes to B R Ambedkar on the occasion and said that he being the architect of the Constitution, laid the foundation of modern India. “Humble tribute to Babasaheb on Ambedkar Jayanti! A strong advocate of social justice, Babasaheb laid the foundation of modern India as the architect of the…

India

CBI searches EPFO offices in Nagpur, seizes documents

April 13, 2022 Administrator_IndiaCBI, EPFO, India, News0 comment

A joint team of the CBI and the Employees’ Provident Fund Organisation vigilance cell conducted searches at two EPFO offices in Maharashtra’s Nagpur city following some complaints of irregularities against EPFO employees, officials said on Wednesday. The Central Bureau of Investigation’s (CBI) anti-corruption branch in Nagpur and the EPFO’s vigilance team from Mumbai started the searches on Tuesday morning in the EPFO offices located at Tukdoji square and Umred road here and continued till late night, they said. “Several incriminating documents were seized during the searches,” an official said. A…

India

CBI brings Nirav Modi’s close associate Subhash Shankar back to India

April 12, 2022 Administrator_IndiaCBI, India, News, Nirav Modi0 comment

Subhash Shankar, a key associate of Nirav Modi, was taken back to India from Cairo in a huge sting operation by the Central Bureau of Investigation (CBI). For a long time, the CBI has been investigating a bank fraud case and attempting to reintroduce Shankar to the country. At the request of the CBI, Interpol issued a Red Corner Notice against Nirav, his brother Nishal Modi, and his employee Subhash Parab in 2018. Based on a charge sheet filed by the CBI in a special court in Mumbai and an…

World

Ukraine says 1,200 bodies found near Kyiv as east braces for onslaught

April 11, 2022 Administrator_IndiaNews, Russia, Ukraine, World0 comment

Ukraine’s president warned his nation Sunday night that the coming week would be as crucial as any in the war. “Russian troops will move to even larger operations in the east of our state,” Volodymyr Zelenskyy said in his nightly address. He accused Russia of trying to evade responsibility for war crimes. “When people lack the courage to admit their mistakes, apologize, adapt to reality and learn, they turn into monsters. And when the world ignores it, the monsters decide that it is the world that has to adapt to…

India

Indian Railways to make more overbridges to deal with waterlogging problem

April 6, 2022 Administrator_IndiaIndia, Indian Railways, News0 comment

The Indian Railways is making efforts to make more overbridges rather than roads under bridges (RUBs) as problems like waterlogging are a common phenomenon in underground projects, Railway Minister Ashwini Vaishnav said in the Lok Sabha on Wednesday. The minister said that as far as possible, railways are converting RUBs into overbridges even though the cost of an overbridge is much higher. Railways’ effort is to make overbridges rather than RUBs as waterlogging is a common phenomenon, especially in remote areas, he said during Question Hour. The minister said the…

India

In last 8 years, maritime sector has scaled new heights: PM Modi

April 5, 2022 Administrator_IndiaIndia, News, PM Narendra Modi0 comment

In the last eight years, India’s maritime sector has scaled new heights and contributed to boosting trade and commercial activities, Prime Minister Narendra Modi said on Tuesday on the occasion of National Maritime Day. April 5 is celebrated as National Maritime Day across the country and is dedicated to the role of maritime trade in the development of the Indian economy and the role of India and its strategic location in global trade. “Today, on National Maritime Day we recall our glorious maritime history and highlight the importance of the maritime sector towards India’s economic growth,” Modi…

India

CNG price hiked by 80 paise, PNG by Rs 5

April 4, 2022 Administrator_IndiaCNG Price, India, News0 comment

CNG price in the national capital on Friday was hiked by 80 paise per kg, while piped cooking gas rates were increased by a steep Rs 5 per cubic metre on the back of the government raising input natural gas prices to record levels. CNG price in the National Capital Territory (NCT) of Delhi has been increased to Rs 60.81 per kg from Rs 60.01, according to the information posted on the website of Indraprastha Gas Ltd (IGL) — the firm which retails CNG and piped cooking gas in the…

World

Open to India mediating in Ukraine crisis: Russian foreign minister

April 1, 2022 Administrator_IndiaIndia, News, Russia, Ukraine0 comment

Russian Foreign Minister Sergey Lavrov on Friday said that India can mediate between Moscow and Kyiv as the peace talks between the two counties failed to come up with solutions yet to end the war. Responding to an ANI question on the possibility of India becoming a mediator between Russia and Ukraine, he said, “India is an important country. If India sees to play that role which provides resolution of the problem…If India is with its position of a just and rational approach to international problems, it can support such process.” Lavrov,…