After Iran Cease-Fire, Ship Traffic in Strait of Hormuz Remains Throttled
A handful of vessels have crossed the crucial waterway since the U.S.-Iran truce began, but shipowners, insurers and others are wary of safe passage. Source link
A handful of vessels have crossed the crucial waterway since the U.S.-Iran truce began, but shipowners, insurers and others are wary of safe passage. Source link
Equity benchmark indices Sensex and Nifty50 surged nearly 4% on Wednesday, tracking a sharp rally in global markets and a steep fall in crude oil prices after the US and Iran announced a two-week ceasefire. The rally was also supported by the Reserve Bank of India’s decision to keep the policy repo rate unchanged, broad-based…
Some wells can be turned on in days or weeks, but bringing the Gulf’s energy system back to something akin to normal will take months. Source link
The Union Cabinet on Wednesday approved Jaipur Metro Phase-2, a 41-km North–South corridor from Prahladpura to Todi Mod with 36 stations, at a total cost of Rs 13,037.66 crore, according to a government statement.The project will be implemented by Rajasthan Metro Rail Corporation Limited (RMRCL), a 50:50 joint venture of the Centre and the Rajasthan…
Analysts and traders are anxiously watching the Strait of Hormuz and whether peace talks can resolve big differences between the United States and Iran. Source link
The Union Cabinet, on Wednesday approved the proposal of the Department of Fertilisers for fixing the Nutrient Based Subsidy (NBS) rates for the Kharif season 2026 on phosphatic and potassic (P&K) fertilisers, according to an official statement.The subsidy will be applicable for the Kharif season from April 1, 2026 to September 30, 2026. The tentative…
The airline said demand for tickets remained very strong despite the effects of the war in Iran. Source link
Gold prices on Wednesday showed a mixed trend with futures trading higher while retail rates moved both up and down across cities.Data from the Multi Commodity Exchange (MCX) showed that the June contract rose Rs 3,236, or 2.15%, to Rs 1,53,525 per 10 grams, while the August contract gained Rs 3,498, or 2.29%, to Rs…
Natural gas is hard to store, but China has found a way to do it, while also developing alternate suppliers and expanding production at home. Source link
Adani group stocks surged up to 13% on Wednesday after Gautam Adani moved a US court seeking dismissal of the Securities and Exchange Commission’s (SEC) civil case. The move has boosted investor sentiment across Adani Group firms.The rally followed a development in a New York federal court, where lawyers representing Gautam Adani said that they…