India can buy as much Russian oil as it wants, outside price cap, says Yellen
Business: India will only need to avoid Western financial, maritime services bound by the cap says U.S. Treasury Secretary; stresses goal is to drive global oil prices lower while curbing Russia’s revenues
India likely to remain fastest growing major economy: RBI governor Das
Reserve Bank Governor Shaktikanta Das on Saturday exuded confidence that India will continue to be the fastest growing major economy with a likely growth rate of 7 per cent in 2022-23 on the back of strong macroeconomic fundamentals and financial sector stability. Das said the entire world has withstood multiple shocks. "I call it triple shocks of COVID-19 pandemic, then the war in Ukraine, and now the financial market turmoil."
Collapsed crypto exchange FTX investigating 'unauthorized transactions'
News/Business: Collapsed crypto exchange FTX said on Saturday it was moving funds into offline storage following a series of "unauthorized transactions," with analysts saying millions of dollars worth of assets had been withdrawn from the platform.