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Economy Likely Grew At Slower Pace In Q4 On Virus Curbs, Ukraine War

India's economy probably grew slower than previously estimated last year, with virus curbs in the final quarter seen as a drag on activity while the war in Europe has added a new inflation hurdle to recovery.

Oil Pares Declines as EU Avoids Sanctions on Russian Crude

(Bloomberg) Oil fell as the European Union eschewed sanctions on Russian oil flows for now and a stronger dollar blunted the appeal of commodities. West Texas Intermediate sank below $101 a barrel in early Asian trade after retreating 1.3% on Tuesday.

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