Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
Two goals in the first half from Roberto Firmino and Neymar gave Brazil an easy 2-0 victory over the United States in a friendly match in New Jersey on Friday.
Strong month-end demand for the US currency mainly from oil importers along with currency futures expiry related purchases predominantly weighed heavily on the forex market and haunted investor sentiment.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
Catch up on all the big news of the week gone by, in images.
News of all that's transpired on and off the football field
India stun Argentina in U-20 COTIF Cup football tourney
In April and May, there were additions by RBI of 600 kg and 900 kg. RBI's total gold holding is now 561.9 tonnes.
Public buses have gradually disappeared due to scarce or prohibitively expensive tires, motor oil, batteries and spare parts.
A strengthening dollar, rising interest rates, tightening liquidity and a surge in oil prices - all are combining to create a toxic atmosphere for EM assets, says Akash Prakash.
Argentine great Diego Maradona said England perpetrated a "monumental robbery" in their World Cup victory over Colombia and accused referee Mark Geiger of not being up to such a game.
The ban restricts entry of people from Iran, North Korea, Syria, Libya, Yemen, Somalia and Venezuela.
The announcement came barely a day after the UNHRC condemned the Trump administration for its policy of separating children from the families at the US-Mexico border.
Colombian soccer supporters brought a wave of tropical exuberance to the stolid citizens of Saransk
Sun Pharma was by far the biggest gainer in the Sensex pack, surging 8.13 per cent, followed by Dr Reddy's at 4.92 per cent.
The Indian benchmark remained static in its last closing on May 28, while Brent prices dropped further to $75.71 a barrel. Less Brent crude in Indian basket makes prices sticky.
A realistic approach towards tax and stock taking is necessary, rather than the old narrative of bringing all petroleum products under GST and playing the blame-the-state game.
Being the reigning Wimbledon champion and former French Open winner has its perks for Garbine Muguruza, like being invited to walk the red carpet at this year's Oscars in Hollywood.
Sushmita Sen looks back at the day that changed her life.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
The best in international photojournalism was recently announced by World Press Photo's Annual Photo Contest. Despite fierce competition, the jury was forced to select just a handful of images from more than 73,044 photos by 4,548 photographers across 125 different countries. This year's grand prize was awarded to Venezuelan photographer Ronaldo Schemidt, earning him the title of Press Photographer of the Year. Here are some of the winners.
Here's a glimpse of all that happened around the world last month, in 20 images.
Defending champion Dustin Johnson failed to advance to the knockout phase of the WGC-Dell Match Play after suffering a second straight defeat in Texas on Thursday.
The announcement of McMaster's ouster, who the White House said had a "good working relationship" with Trump, is the latest in a string of high-profile White House departures since President Trump took office in January 2017.
A summary of sports events and sports persons, who made news on Tuesday
Fighting fake brand peddlers. How the complex web of counterfeit goods threatens to trip e-commerce giants in the country.
There are several books that Aakar Patel wishes were being written but aren't. Fortunately, there's plenty coming up this year that he's eagerly awaiting.
India has no idiosyncratic innovation ecosystem, distinctively its own. Our VCs will not rush to fund brilliant ideas, says R Gopalakrishnan.
Other world leaders to figure in the top 10 list are Nicolas Maduro from Venezuela, Recep Tayyip Erdogan of Turkey, Emmanuel Macron from France, Enrique Pena Nieto from Mexico, Mauricip Macri of Argentina, Britain's Theresa May, Columbia's Juan Manuel Santos and Akun resmi Joko Widodo of Indonesia.
This is what happens backstage at beauty pageants.
After 4 years, South Africa won the Miss Universe title. They had last won the title in 1978.
A summary of sports events and sports persons, who made news on Saturday
India expects to remain unscathed this time, mainly because it is in a sweet spot as the world's third largest oil consumer, after the US and China, says Subhomoy Bhattacharjee.
Maradona backs Venezuela's Maduro, signs for World Cup coverage
Former editor of Femina magazine, Sathya Saran looks back at the Miss India pageant that changed the lives of two young women.
A summary of Tuesday's qualification matches next year's FIFA World Cup.
Summary of the South American World Cup qualifiers played on Thursday
Summary of the South American World Cup qualifiers played on Thursday
How many of these have you tasted?
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