3 Indian-flagged oil tankers cross Strait of Hormuz NEW DELHI: Three Indian-flagged crude oil tankers carrying more than 8.6 lakh metric tonnes of cargo and 94 Indian crew members successfully transited the Strait of Hormuz on Saturday and are now sailing towards India, Union ports, shipping and waterways minister Sarbananda Sonowal said.The development comes days…
Milk prices could see another increase by July Milk prices, which were already raised by 2-3 per cent in May by major dairy companies, could see another increase by July or August if El Niño conditions and a deficient monsoon worsen fodder shortages and impact milk production, according to dairy industry executives.Industry players said poor…
China’s domestic economy continues to face significant headwinds despite robust export growth, with consumer spending, property activity and credit demand remaining weak, according to a recent market strategy report by Jefferies.The report said there is “a continuing lack of any evidence of a pickup in domestic demand”, underscoring persistent challenges in the world’s second-largest economy…
India is among the world’s largest economies, with its GDP nearly doubling in the last 10 years. Yet, when it comes to the strength of its passport, it doesn’t rank even among the top 50. Neither does China for that matter. The United States of America – the world’s largest economy – also sits at…
Representational image, used only for representational purpose India’s high-speed rail ambitions received a new push as the Centre has approved seven bullet train corridors across the country, promising shorter travel times between major cities and stronger rail connectivity. The seven high speed rail corridors are: Mumbai to Ahmedabad will take 1 hour 57 minutes. Mumbai…
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….
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…
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,…
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 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…
