Business News

Amid escalating tensions in West Asia involving Iran and Israel, QatarEnergy, the world’s largest exporter of liquefied natural gas (LNG), has halted LNG production and declared force majeure to affected buyers after its energy…
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A Rapido driver earning just ₹10,000 to ₹12,000 a month has found himself at the centre of a staggering ₹550 crore illegal betting and stock market racket in Ahmedabad, India Today reported. The case surfaced after the Enforcement…
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The recent decision by the Union Cabinet to rename Kerala as ‘Keralam’ seeks to align the state’s official title with its linguistic roots in Malayalam. But the state’s proposal for name change has merely cleared its first hurdle with…
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About 400,000 metric tons of Indian basmati rice are stuck in transit as the Iran conflict disrupts shipping routes across the Middle East and sends freight costs soaring, Reuters reported on Tuesday, citing trade officials. Export deals…
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The Strait of Hormuz carries nearly 20% of global oil supply. Any disruption in this narrow Gulf passage can spike crude prices, disrupt trade and impact economies worldwide. Source link
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Escalating geopolitical tensions in the Middle East have begun to weigh on India’s aviation sector, with widespread flight cancellations and rising fuel risks creating near-term operational and financial pressure, according to HSBC…
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JSW Infrastructure on Tuesday said one of its 15 storage tanks at the Fujairah Liquid Terminal in the UAE sustained damage after debris from an intercepted drone fell within the facility premises, triggering a fire that was later brought…
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Amid the escalating conflict in West Asia and growing global concerns over supply chain disruptions, India maintains a buffer of two to three weeks of LNG reserves, a top official from the Ministry of Petroleum and Natural Gas told…
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The International Monetary Fund (IMF) said on Tuesday it is too early to assess the economic consequences of the escalating war involving Iran, warning that disruptions to trade, surging energy prices, and financial market volatility are…
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India’s exim trade and crude oil supply are under pressure with the Iranian Revolutionary Guards declaring that the vital Strait of Hormuz is closed. For now, government sources have indicated that India is reasonably comfortable with…
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