The Middle East conflict is entering another week, and its ripple effects are already being felt across the global economy. As tensions intensify, trade flows, energy supplies and food production are coming under strain at a time when markets already spent the last year grappling with tariffs and other disruptions.Although the latest escalation began just…
NEW DELHI: As geopolitical tensions escalate in the Middle East, India is exploring alternative energy sources to strengthen its energy security, with countries such as Australia and Canada offering additional gas supplies, according to official sources cited by PTI on Saturday.With ships and oil tankers avoiding the Strait of Hormuz in the Persian Gulf amid…
AI image NEW DELHI: India never stopped sourcing crude from Russia, government sources said on Saturday, despite US President Donald Trump’s linking the withdrawal of a 25% penalty tariff in the proposed trade deal framework to New Delhi’s purported pledge to halt such purchases. Sources said India has never depended on permission from any country…
File photo: Union commerce & industry minister Piyush Goyal NEW DELHI: The US is expected to work out trade deals with partners, including India, in the next three-four months, once it finalises its strategy to deal with the legal issues related to tariffs, a senior govt official said on Saturday.The official said that New Delhi…
Will Dubai Property Prices Fall? Emaar Founder Gives a Bold Answer Despite rising geopolitical tensions in the Middle East and concerns about economic stability amid US-Israel war against Iran, Dubai’s real estate sector remains resilient, according to leading industry voices. Mohamed Alabbar, the founder of Emaar Properties, recently stated that the Dubai property market has…
Amid concerns over global oil supply disruptions due to tensions in MIddle East, government sources on Saturday said India’s energy stock position is improving, adding that the situation has strengthened confidence about fuel supply stability in the country.According to government sources, the improvement in energy availability has reinforced the Centre’s position that petrol and diesel…
Union home minister Amit Shah NEW DELHI: Union home and cooperation minister Amit Shah on Saturday dedicated the newly commissioned Sulphuric Acid Plant–3 (SAP–III) at the Indian Farmers Fertiliser Cooperative Limited (IFFCO) unit in Paradeep, Odisha, to the nation. Shah said the Ministry of Cooperation and the Odisha government would work together to improve rural…
The ongoing conflict in the Middle East has begun to affect international aviation operations in India, with around 100 international flights cancelled at the Delhi and Mumbai airports on Saturday, PTI reported citing official.At Mumbai airport, 35 departures and 36 arrivals were cancelled, while at Delhi airport, 22 departures and 17 arrivals were cancelled.Delhi International…
Go Digit General Insurance on Saturday said it has received a demand notice of about Rs 170 crore for short payment of goods and services tax (GST) for nearly five years. The company has received an order copy from the Office of the Commissioner of GST & Central Excise, Chennai South Commissionerate on March 6,…
The Bombay Stock Exchange (BSE) has approached the Mumbai Metropolitan Region Development Authority (MMRDA) seeking allotment of land in Bandra Kurla Complex (BKC) as part of plans to expand its operational presence in Mumbai, PTI reported.In a statement on Saturday, MMRDA said BSE Managing Director and CEO Sundararaman Ramamurthy and Chief Regulatory Officer Kamala Kantharaj…