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The ongoing conflict in the Middle East may be creating new strategic space for China to expand its influence across Asia, at a time when the United States remains heavily engaged in conflict elsewhere, according to a report.According to the report, the diversion of attention and resources of the United States to the Middle East…
Shockwaves from the Strait of Hormuz supply disruption are rippling across global oil markets, setting off a frantic race to rush in crude. As availability tightens, refiners and traders are scrambling against the clock to lock in cargoes that can be delivered without delay, intensifying competition for every available barrel. Out of 40 bids placed…
NEW DELHI: Indian companies should secure additional funding and strengthen supply chains, while govt should consider emergency financing for MSMEs and tax reforms to mitigate impact of the ongoing West Asia conflict, according to a Ficci report. “The ongoing disruption in West Asia carries far-reaching implications for import-dependent economies, such as India, with likely impact…
The commerce ministry on Thursday held consultations with exporters to address disruptions in shipping, port operations and packaging arising from the ongoing West Asia crisis, PTI reported.Commerce Secretary Rajesh Agrawal chaired two meetings attended by Shipping Secretary Vijay Kumar, export promotion councils (EPCs), commodity boards, shipping lines, ports and exporters.Officials said the discussions focused on…
NEW DELHI: Union minister for petroleum and natural gas Hardeep Singh Puri will visit Qatar on April 9-10, amid ongoing tensions in the Middle East and concerns over global energy supplies, reported ANI.The visit comes after a two-week ceasefire was announced between the US and Iran. The region remains volatile due to the evolving situation…
Thousands of homebuyers in Haryana face years of delay as Piyush Group projects remain unfinished. CHANDIGARH: Over 1,500 homebuyers in several Haryana cities have been left in limbo for years as multiple housing projects of Piyush Group remained incomplete, even as funds collected from buyers were allegedly diverted into fresh land investments instead of finishing…
India is actively looking to offset supply disruptions from the Middle East caused by the Iran conflict. (AI image) Amid the raging US-Israel-Iran war, India is set to get high volumes of crude oil from Venezuela as the Strait of Hormuz supply disruptions continue. Shipping data quoted by Kpler indicates that over 12 million barrels…
NOIDA: Through the first two weeks of March, many factory workers in the informal sector rode the sudden cylinder shortage, hoping it would be a passing phase. But when things didn’t look up by the end of March, they started leaving for home. Better to wait it out, they believed, at home than spending on…
Rory McIlroy marriage crisis with Erica Stoll takes new turn as book exposes divorce filing, Amanda Balionis rumors and hidden struggles (Image via Getty) Rory McIlroy’s personal life is again in focus, and this time it is not about golf. A new book by Alan Shipnuck has shared fresh details about his brief divorce filing…
Bengaluru’s autorickshaw services are severely disrupted due to an acute auto LPG shortage, with nearly half the fleet off the roads. BENGALURU: Bengaluru is facing a growing transport disruption as an acute shortage of auto LPG has forced a large section of the city’s autorickshaw fleet off the roads, leaving commuters struggling with last-mile connectivity.Nearly…
