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According to Morgan Stanley, energy, fertilizers, and defence will be the top focus areas that the government would look to shield from global uncertainties. (AI image) The Middle East conflict presents an opportunity to step up domestic investments in some targeted sectors, says Morgan Stanley in its latest report titled: India Economics & Strategy –…
Nicole Kidman and her daughter Sunday Rose made a stunning Met Gala debut together, showcasing matching Chanel-inspired looks. Kidman stunned in a dramatic red sequined gown with feather accents, while Sunday opted for a soft, blush pink dress. When Nicole Kidman shows up at the Met Gala, you already know it’s going to be a…
NEW DELHI: The Centre on Friday increased the 19 kg commercial cylinder price by Rs 993 across the country, news agency ANI reported, citing sources.There is no change in domestic cylinder prices. A 19 kg commercial cylinder will now cost Rs 3,071.50 in Delhi.The price increase comes amid broader discussions around India’s energy supply situation,…
Jerome Powell (AP file photo) US Fed Federal Open Market Committee (FOMC) meet: Jerome Powell-led US Federal Reserve on Wednesday kept the interest rates unchanged in the 3.5-3.75% range citing upside risks to inflation in view of the rising global energy prices.“Developments in the Middle East are contributing to a high level of uncertainty about…
The closure of the Strait of Hormuz has once again put the spotlight on the global dependence on maritime trade. The closure of the critical waterway has restricted access to 20% of the global hydrocarbon trade, causing turmoil in the global energy market.The closure of the strait has now become a key point of contention…
Ongoing crisis in the Middle East has strained global energy supplies, but availability within the country continues to remain steady, the government has assured. Addressing a ministerial briefing, Aparna Sharma, additional secretary in the department of fertilizers, said, “The fertiliser availability remains robust, and the supplies continue to exceed the requirement. The department of fertilizers…
Moody’s Ratings has lowered India’s FY27 growth forecast to 6%, down from an earlier estimate of 6.8%, citing weaker consumer demand and slower industrial performance amid rising energy and input costs linked to the West Asia conflict.For FY26, the agency expects India’s GDP growth to be 7.6%, according to official estimates, as reported by ET.The…
Road transport and highways minister Nitin Gadkari India should aim for 100 per cent ethanol blending in the near future to strengthen energy self-reliance, road transport and highways minister Nitin Gadkari said on Tuesday. He said that vulnerabilities in oil supplies due to the ongoing crisis in West Asia have made it essential for the…
For over six decades since its discovery, Cygnus X-1 – the first black hole confirmed to exist – has yielded some very interesting and important discoveries. A few recent discoveries include information about the power of the jets, which comes from the Cygnus X-1 binary system, where a collection of 18 years’ worth of radio-telescope…
Prime Minister Narendra Modi is set to visit Rajasthan on Tuesday, where he will dedicate a major refinery-cum-petrochemical complex to the nation. The plant, located at Pachpadra in Balotra, has been developed by Hindustan Petroleum Corporation Limited in partnership with the Rajasthan government. The refinery is set to reduce reliance on energy imports and boost…
