-
Business
Middle East Conflict Impact on Airline Profits: Report Predicts 10-15% Decline Due to Rising ATF Costs and Rupee Pressure
Operating profits for Indian airlines are projected to decline by 10-15% in the current fiscal year, according to a report by Crisil. The report attributes this downturn to rising aviation…
Read More » -
Business
China’s Export Surge Raises Concerns in Europe as G7 Nations Consider Response to ‘China Shock 2.0’
China’s exports are raising alarms in Europe, prompting leaders of the Group of Seven (G7) to discuss strategies to tackle increasing trade imbalances. Concerns are growing that Europe may experience…
Read More » -
Business
India’s Power Generation Capacity Surpasses 530 GW, Poised to Reach 600 GW Next Year
The installed power generation capacity in India has surpassed 530 GW and is projected to approach 600 GW by next year, according to Aadhar Raj, Joint Secretary in the Ministry…
Read More » -
Business
G7 Addresses China’s Dominance in Minerals for Technology
G7 leaders have committed to enhancing cooperation to reduce their reliance on China for critical minerals. They unveiled plans to coordinate stockpiling, boost recycling efforts, and establish a new platform…
Read More » -
Business
NSE Submits DRHP for $2-3 Billion IPO, Featuring Major Stakeholders Tiger Global and SBI
The National Stock Exchange (NSE) has officially resumed its long-awaited initial public offering (IPO) process, filing draft papers with the Securities and Exchange Board of India (Sebi) for an estimated…
Read More » -
Business
US Federal Reserve Policy Meeting: Interest Rates Unchanged
US Federal Reserve Chairman Kevin Warsh announced on Wednesday that the Federal Open Market Committee (FOMC) will keep the key interest rate unchanged in the range of 3.5% to 3.75%.…
Read More » -
Business
India-UK Free Trade Agreement Overcomes Steel Barrier; Majority of Indian Exports Protected from UK Restrictions
India has secured significant protections for its steel exports to the UK under the India-UK free trade agreement. An official statement revealed that 85% of India’s steel shipments will remain…
Read More » -
Business
New Trade Agreement with UK to Commence on July 15
NEW DELHI: The India-UK free trade agreement (FTA) and the social security deal will take effect on July 15, following discussions between Prime Minister Narendra Modi and UK Prime Minister…
Read More » -
Business
Crude Prices Decline as US-Iran Agreement Reopens Hormuz After Extended Closure
Oil prices fell sharply in early trading on Thursday following the signing of an interim agreement between the United States and Iran. This deal aims to end the Iran war,…
Read More » -
Business
Iran and US Finalize Peace Agreement: 62 Million Barrels Ready to Depart Hormuz as Asia Prepares for Oil Surplus
The Strait of Hormuz is set to reopen after over 100 days of disruption, allowing the passage of more than 60 million barrels of crude oil. This development follows a…
Read More » -
Business
Trump’s Sanctions Waiver on Russian Crude and Oil Supply
In a significant shift, the Trump administration has allowed the sanctions waiver for Russian crude oil to expire, coinciding with a new understanding between the US and Iran aimed at…
Read More » -
Business
Rupee Declines: Currency Falls 21 Paise to 94.66 Against US Dollar
The Indian rupee opened lower on Thursday, depreciating by over 20 paise against the US dollar in early trading. The currency started at 94.66 in the interbank foreign exchange market…
Read More » -
Business
India and US Leaders Advocate for Timely, Balanced Trade Agreement
Trade negotiations between India and the United States are poised to accelerate following a meeting between Prime Minister Narendra Modi and US President Donald Trump at the G7 Summit in…
Read More » -
Business
Qatar LNG Tanker Departs for Hormuz Amid Resurgence of Middle East Peace
Energy shipments in the Gulf have resumed following an interim agreement between the US and Iran. After months of disruptions in the Strait of Hormuz, a liquefied natural gas (LNG)…
Read More » -
International
Japan’s Defence Minister Koizumi Emphasizes Urgent Need for Enhanced Military Readiness to Avert Conflict
Japan’s Defence Minister Shinjiro Koizumi has called for a significant strengthening of the country’s defense capabilities, suggesting a departure from the pacifist stance that has characterized Japan since World War…
Read More »
