Fuel prices may climb further as oil tops $70

• Rallying crude may complicate RBI plan to tame inflation, spur growth
• Rising crude prices will add pressure on an economy that’s heavily dependent on imports and has just exited a deep recession

The farmers’ stir has shown that even reform ideas debated in public can upset stakeholders once they become law

Anil Agarwal-led Vedanta Resources has also submitted an EoI for state-run refiner Bharat Petroleum Corp

Since 1990, on an average, India has had an overall trade deficit. Even so, for the period April–September 2020, India witnessed a trade surplus and is likely to post a current account surplus of 2% of GDP for 2020-21. However, this might not be a reason to rejoice. Mint explains:

• For now, there’s an uneasy truce in this conflict over the future of news. What are the learnings for India?
• The temporary relief large media companies are seeking may not address structural problems. The smaller publishers, reliant on traffic from social media firms, stand to suffer the most.

Companies have seen a steady increase in sales in line with the economy’s unlocking