The US-based Internet backbone provider Cogent Communications has cut off services in Russia, "terminating its contracts" with the customers in the country in compliance with the European Union's move to ban Russian state-backed media outlets....
The Russian authorities are discussing the possibility of abolishing criminal and administrative liability for the use of unlicensed software "from countries that supported the sanctions."...
Rush for safe haven investments during the ongoing market volatility triggered by Russian-Ukrainian conflict is expected to push global gold prices higher....
High commodity prices as well as outflow of foreign funds from equity markets are expected to subdue the Indian rupee further....
The sharp exodus of foreign investors funds from Indian equity market has been compensated by domestic investors, said Motilal Oswal Financial Services (MOFSL)....
India's pharmaceuticals market (IPM) is expected to grow between 6 and 8 per cent on a year-on-year (YoY) basis in FY23....
India's footwear industry is expected to reach the pre-pandemic levels with a revenue growth of 8-to-10 per cent year-on-year in FY23....
Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the short term....
Sanctions on Russia will lead to cost escalations because of alternative sourcing, delays in establishing new sources, delays in payments and consequent deferrals in shipment releases, among others....
Celebrating its 15th anniversary, the BMW Group Plant located near Chennai, rolled out its car number 1,00,000....
