Source link The Indian government may initiate a formal probe into the operations of one of India’s largest digital payment firms, Paytm, The Economic Times reported on Wednesday. The development comes a week after the regulator, the Reserve Bank of India (RBI), ordered Paytm to stop offering its core services from February 29, citing possible […]
Tag: cap
Russian oil price cap has ‘largely failed’ – Politico — RT Business News
Source link Moscow’s export revenues are higher than what was expected by the West, according to new analysis The price limit imposed by the G7 and EU countries on Russian seaborne oil sales has essentially failed, Politico reported on Tuesday, citing new research. The mechanism was agreed last year and bans Western firms from providing […]
G7’s Russian oil price cap not working – FT — RT Business News
Source link The price cap on Russian oil introduced by the G7 and EU is being completely ignored, as almost no seaborne crude cargos have been traded below the $60-a-barrel limit, the Financial Times reported on Tuesday, citing Western officials and Russian export data. The mechanism, which was put in place to reduce Moscow’s export […]