The Trump administration said in a memo it wanted to “avoid the risk of impaired objectivity” by hiring former staff members to wind down operations at the U.S. Agency for International Development. Source link
Representative AI image India on Saturday reviewed its crude oil and fuel supply position amid escalating geopolitical tensions in the Middle East, with the government asserting that it is closely monitoring developments to safeguard domestic availability.“In view of ongoing geopolitical developments in the Middle East, the Minister of Petroleum & Natural Gas reviewed the supply…
The Emirates’ reputation as a safe destination in a volatile area was put to a brutal test in recent days as Iran, retaliating against U.S.-Israeli attacks, targeted the region with missiles and drones. Source link
NEW DELHI: Amid fears of a shortage in crude supplies, govt is looking to nudge refiners to divert more auto fuel and LPG to the domestic market by cutting on exports and also increase cooking gas production so that there is no disruption in local supplies.While govt and oil companies insisted there’s no shortage, refiners…
A jury will decide whether the music colossus, which owns venues, represents artists and operates Ticketmaster, is a monopoly, as the Justice Department contends. Source link
EPFO interest rate (AI image) EPFO interest rate FY 2025-26: The central government has decided to keep the annual interest rate on Employees’ Provident Fund deposits unchanged at 8.25 per cent for the financial year 2025–26, the Ministry of Labour and Employment said. The move is expected to benefit crores of workers by reinforcing their…
Rising oil prices, volatile stocks and potentially higher inflation are all weighing on investors’ minds as the military campaign continues. Source link
Oil prices surged sharply on Monday as disruptions to tanker traffic through the Strait of Hormuz heightened concerns over global energy supply amid US and Israeli attacks on Iran. US crude jumped 7.6 per cent to $72.12 per barrel, while Brent crude rose 8.6 per cent to $79.11 per barrel. European natural gas futures also…
The president’s flat 10 percent tariff is most beneficial to nations that previously faced the highest rates. But it’s not clear how much that will prompt a new surge in imports. Source link
Qatar’s state-owned energy giant, QatarEnergy, announced on Monday that it had suspended liquefied natural gas (LNG) production following Iranian drone attacks on two of its key processing facilities. The halt affects operations at Ras Laffan Industrial City, the world’s largest LNG complex, and Mesaieed Industrial City, both critical hubs for the Gulf state’s gas output.Qatar’s…
