Egg Prices Are Way Down, but That’s Hurting Farmers
An oversupply of hens has lowered wholesale egg prices. But consumers may not reap the full benefits because of producer contracts and higher costs. Source link
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Middle East conflict pushes India to rethink LPG imports as OMCs continued to absorb price shocks
As energy supply disruptions spread during the Middle East crisis, India diversified its LPG imports by tapping suppliers across the globe.As uncertainty gripped global energy markets after late February, the country significantly diversified its LPG sourcing, increasing imports from the United States, Iran and several other nations to reduce its dependence on the Gulf region….
Mines, Logistics and Deep Uncertainty Threaten a Middle East Oil Rebound
More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up plans for alternative routes. Source link
Crude comeback: 20 million barrels leave Iran port after peace breakthrough
20 million barrels leave Iran port after peace breakthrough After months of disruption, oil exports from Iran finally picked up after Tehran and Washington reached a peace deal. According to shipping data cited by Bloomberg a wave of 11 tankers carrying 20 million barrels of crude left the Gulf of Oman port. The vessels had…
India-UK trade pact to open new opportunities beyond commerce, mobility boost key benefit: Vikram Misri
Addressing the media on the sidelines of the G7 Summit in Evian, Misri described trade, technology and regional and international security as the key pillars of discussions between the India and UK. The India-UK free trade agreement will deepen ties far beyond trade and technology, creating new opportunities for businesses and people in both countries,…
Stock market today: Sensex closes over 600 points down, Nifty50 above 24,000 – not just IT stocks, HDFC Bank & RIL also drag down indices
A sharp selloff in technology stocks weighed on sentiment. Fresh geopolitical concerns also added to the cautious mood in the market. (AI image) Stock market breaks winning streak: Indian equity benchmark equity indices, BSE Sensex and Nifty50, snapped their five-session winning streak on Friday, with the Sensex shedding 607 points and the Nifty settling at…
Sebi allows easier transfer of shares of dead investors
Sebi allows easier transfer of shares of dead investors MUMBAI: The board of Sebi on Friday decided to make it easier for transfer of securities that are in the name of deceased investors to the legal heirs and claimants by simplifying and standardising the process. It also created a new category of claimants where the…
Reliance succession plan on track, enters final leg
Reliance succession plan on track, enters final leg MUMBAI: Mukesh Ambani, chairman of Reliance Industries, said the transfer of day-to-day management at the company is “almost complete”, signalling that the succession process at the energy-to-education conglomerate has entered its final stages. The 69-year-old told shareholders that his three children – Akash, Isha and Anant –…
Amazon’s Movie Arm Abandons Film About OpenAI
The company, which invested $50 billion in the artificial intelligence start-up this year, will let the team behind the film, “Artificial,” try to sell the project to another studio. Source link
Accenture outlook cut sparks fresh fears over IT recovery
Accenture outlook cut sparks fresh fears over IT recovery BENGALURU: Accenture’s decision to lower its FY26 revenue growth guidance has intensified concerns over the pace of recovery in the global technology spending environment. Brokerages warn that Indian IT services companies could face a prolonged period of weak demand stretching into FY27.The Dublin-based IT services giant…