NEW DELHI, June 21 Reuters India39;s rising imports of Russian oil hit a record high of about 1.95 million barrels per day bpd in May denting purchases from Iraq and Saudi Arabia fell, tanker data from trade and industry sources showed. India, the world39;s third biggest oil consumer and importer, buys more than 80 of […]

LONDON, June 21 Reuters Britain39;s public sector net debt surpassed 100 of gross domestic product in May as borrowing came in higher than expected, the Office for National Statistics said on Wednesday. Public sector net debt, excluding that of statecontrolled banks, hit 2.567 trillion pounds 3.28 trillion, equivalent to 100.1 of gross domestic product. That […]

LONDON, June 21 Reuters British house prices increased by 3.5 in the 12 months to April, the Office for National Statistics ONS said on Wednesday, slowing from the 4.1 rise in March. London was the region with the lowest annual growth, the ONS said, with prices in the capital up 2.4. Recent measures of Britain39;s […]

BERLIN, June 21 Reuters The German economy will contract more than previously expected this year as sticky inflation takes its toll on private consumption, the Ifo Institute said on Wednesday while presenting its forecasts. The German economy is only very slowly working its way out of the recession, Ifo39;s head of economic forecasts, Timo Wollmershaeuser, […]