Weekly Wrap – Dilemma between lives and livelihood

The annual Economic Survey released on Friday India’s by India’s finance ministry was the highlight of the week. Quoting profusely from Nobel laureates and economists from all across the world, India’s Chief Economic Advisor Krishnamurthy V. Subramanian highlighted the crisis that the country faced in mitigating the Covid-19 pandemic crisis. However, the dilemma between lives […]

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Global oil supply faces tricky rebalancing despite output fall in Sept, says IEA

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Global oil supply fell in September as the Organization of the Petroleum Exporting Countries (OPEC) as well as allied producers improved their compliance with agreed output levels, but the market faces a tricky rebalancing due to a recent increase in covid infections, according to the International Energy Agency (IEA). “Our global demand and supply estimates (including an assumption of full […]

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