Markets Have Faced a Year of Chaos and Still Done Awfully Well
Most stock investors have lost money during the Iran war, but returns have been splendid for the year since the “Liberation Day” tariff announcement. Source link
Most stock investors have lost money during the Iran war, but returns have been splendid for the year since the “Liberation Day” tariff announcement. Source link
These new forms for application of PAN are replacing the earlier framework under Rule 114 of the Income-tax Rules, 1962. (AI image) Applying for a PAN Card? The Income Tax Department has introduced four new types of forms for application of Permanent Account Number, and taxpayers should take note of these before applying for a…
An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates. Source link
The Centre assured that LPG supply across the country is normal, despite rising tensions in the Middle East, with shipments sailing through the Strait of Hormuz without any disruption. Dismissing fears of any shortage in the nation, petroleum and natural gas secretary Neeraj Mittal, on Thursday, said that domestic availability remains stable. “I don’t see…
At present, 16 India-flagged vessels remain stuck in the Persian Gulf. (AI image) Looking to take advantage of the two week ceasefire window, India is urging Iran to help expedite the movement of India-bound oil ships through the Strait of Hormuz. The aim is to make sure these ships are quickly offloaded so that they…
One more India-flagged LPG carrier, Green Asha, reached Indian shores on Thursday, after crossing the Strait of Hormuz earlier this week. The vessel, carrying 15,400 tonnes of LPG, docked at the BPCL-IOCL liquid berth at Jawaharlal Nehru Port Authority (JNPA). It is the first such tanker to dock at JNPA since the outbreak of the…
The tussle over the opening of the Strait of Hormuz continues as the Middle East crisis intensifies, with oil shipments yet to return to normal levels. According to a senior Gulf Oil adviser, any impact on fuel prices in the United States is likely to take time.Tom Kloza, the company’s chief energy adviser, told CNN…
Oil prices inched higher on Thursday after suffering their steepest single-day fall since April 2020, as uncertainty around the Strait of Hormuz and renewed tensions in the Middle East kept markets on edge. Brent crude moved back towards $97 a barrel, rebounding from a 13% on Wednesday, while West Texas Intermediate also traded close to…
Vessels are wary of passing the coast of Iran in the strait, given the fragile agreement, and the number of ships traveling through it has even dropped. Source link
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex opened in red on Thursday, a day after the stock market saw a record single day gain. While Nifty50 went below 23,900, BSE Sensex was down over 500 points. At 9:16 AM, Nifty50 was trading at 23,857.40, down 140 points or 0.59%. BSE…