Indian-Flagged Tanker Desh Garima Arrives in Mumbai with 97,000 Tonnes of Crude, All 31 Indian Crew Members Safe
The crude oil tanker Desh Garima arrived off the Mumbai coast on Wednesday, April 22. The vessel, carrying approximately 97,000 metric tonnes of crude oil, successfully navigated the Strait of Hormuz, a corridor currently facing geopolitical instability.The Indian-flagged vessel Read More
Rupee’s Destiny Is To Depreciate: Kotak’s Nilesh Shah
The rupee is structurally on a weakening path and could eventually touch the psychologically significant 100-per-dollar mark, but this should not be a cause for concern if the depreciation remains gradual and orderly, according to Kotak Mahindra Asset Management Company Managing Read More
Dutch Energy Major Vitol Says US-Iran War Erased A Billion Barrels Of Oil
The Swiss-based Dutch energy and commodities major Vitol at a recently held global summit in Lausanne, Switzerland noted that the oil markets had lost up to a billion barrels of oil as a direct result of the US-Iran war.Meanwhile, the world’s biggest independent oil trader noted Read More
Middle East Conflict Triggers UK Inflation Spike: CPI Hits 3.3% as Fuel Prices Skyrocket in March
British consumer price inflation rose to an annual rate of 3.3% in March from 3.0% in February, according to official figures published on Wednesday which showed the first impact on prices from the war in the Middle East.Factory gate prices also rose sharply and by much more than Read More
L&T Energy GreenTech to Supply 300,000 Tonnes of Green Ammonia Annually to Japan’s ITOCHU Corp
Indian infrastructure giant Larsen and Toubro said on Wednesday that its green energy unit has signed an agreement with Japanese trading firm ITOCHU Corp for the long-term supply of 300,000 tonnes of green ammonia per annum.Here are some details:* L&T Energy GreenTech will supply Read More
No More OTP Hurdles: RBI Raises Auto-Debit Limit to ₹15,000 for Bills, SIPs and Insurance
Millions of Indian consumers can now breathe a sigh of relief as the Reserve Bank of India (RBI) officially streamlined the digital payment ecosystem. Effective immediately, the central bank has revised its e-mandate framework, significantly increasing the thresholds for automati Read More
No Promises on Rates: Kevin Warsh Pledges Fed Autonomy and Balance Sheet Cuts to Senate
US Federal Reserve Chair nominee Kevin Warsh on Tuesday told lawmakers that he would uphold the central bank’s independence and base monetary policy decisions strictly on economic data, as he appeared before the Senate for his confirmation hearing.Addressing concerns over politic Read More
Safe-Haven Demand Lifts Dollar to 1-Week High as Sources Confirm US-Iran Peace Talks Collapse
The dollar was steady and briefly hit a one-week high in Asian trade on Wednesday, as scepticism about U.S. President Donald Trump’s announcement of an indefinite extension of a ceasefire with Iran lifted demand for the safe-haven currency. It was also boosted by U.S. Federal Res Read More
Oil Prices Slip on Wednesday as President Trump Announces Indefinite Iran Ceasefire Extension
Global energy markets witnessed a cooling trend on Wednesday, April 22, as President Donald Trump moved to extend a delicate ceasefire with Iran just hours before its scheduled expiry. The decision has provided a temporary floor for the global economy, pulling Brent crude back fr Read More
Lufthansa Trims Summer Schedule, Rebalances Network As Fuel Costs Surge Amid West Asia Crisis
Germany’s flag carrier Lufthansa Group has announced a calibrated optimisation of its summer flight schedule across its six major hubs, citing a volatile operating environment marked by surging fuel costs and geopolitical uncertainty, according to an official company release. The Read More















