Kuwait revenues slip, Iraq exports hit, Saudi gains windfall: How Hormuz blockade is reshaping Gulf oil fortunes

The Middle East conflict, now in its sixth week, continues to send shockwaves across the world. From energy supply disruptions to rising fuel prices, several countries are being forced into emergency measures such as work-from-home policies and cost hikes. Meanwhile, the Gulf region is witnessing a split oil reality! While for some producers, soaring crude…

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Supreme Court: No personal oral hearing needed before labelling bank accounts as fraud: SC | India News

The Supreme Court, on Tuesday, issued a decision regarding the classification of bank accounts as fraud. The apex court ordered that banks are not obligated to grant customers a personal oral hearing before declaring their accounts as fraud. However, prior to labelling them, banks must provide customers with a forensic audit report.The ruling follows submissions…

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Govt e-Marketplace reports 7.4% fall in transactions

Government e-Marketplace GeM is a dedicated e-Market service platform, a National public procurement portal, governed by Government of India for marketing different goods and services. State-run public procurement platform Govt e-Marketplace (GeM) recorded a 7.4% decline in transactions in FY26, with gross merchandise value (GMV) at Rs 5 lakh crore, compared with Rs 5.4 lakh…

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