India’s Central Bank pauses rate hikes

India's Central Bank held interest rates yesterday for the first time in nearly a year because of "unprecedented uncertainty" in global markets but said it was committed to taming persistent inflation.

The Reserve Bank of India (RBI) left the benchmark repurchase rate at 6.50 percent after hikes at all six of its prior meetings since May 2022.

Bulgaria’s Caretaker Cabinet proposes the Replacement of several Ambassadors

The acting Minister of Foreign Affairs, Nikolay Milkov, to be appointed to the post of permanent representative of Bulgaria in the NATO mission in Brussels, and his deputy, Kostadin Kojabashev, should become the ambassador to the Vatican. This is what the caretaker cabinet proposes to President Rumen Radev.

Cultivating philhellenes of the future

A group of 17 students (pictured here in Meteora) from the US, India, Japan, Venezuela, Taiwan, Mexico and Kuwait earlier this month visited Greece on a 10-day educational tour that included visits to archaeological sites, museums and modern monuments as well as meetings with government officials and business leaders.

Russia says oil sales to India soar

Russian oil sales to India surged more than twentyfold last year as European buyers turned to other markets following the conflict in Ukraine, Russia's deputy prime minister said yesterday.

Russia shifted its oil exports to India and China last year as European Union nations sought to end their reliance on Russian energy supplies after Moscow sent troops into neighboring Ukraine.