Brent oil price passes $90 as Iran-US deal hopes fade The price of Brent North Sea crude, the main international oil contract, climbed above $90 on Tuesday as hopes that the US and Iran reach a deal to end the war fade. Brent reached $90.02 a barrel, a gain of more than 2.5 percent from Monday, while the main US contract, West Texas Intermediate, jumped 2.7 percent to $84.32 a barrel. Crude has…
Microfinance asset quality stress eased further in June, with portfolio at risk falling to 2.3 percent. Aggressive write-offs of bad loans by lenders helped reduce stressed loans across the sector.
New Delhi: The government has approved a plan to introduce one billion polymer banknotes each in the Rs 10 and Rs 20 denominations for field trials, Parliament was informed on Tuesday.