Tag: Strait of Hormuz

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Posted in Economy

India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis, says EAM Jaishankar

Port Louis: India is finalising an agreement for the supply of oil and gas to Mauritius to strengthen its energy security amid the crisis due…

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Posted in Economy

India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources say

India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital…

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Posted in Economy

West Asia’s unquiet hour: Hidden costs and a strategic opening for India

Wars, in our time, rarely remain confined to the territories in which they erupt. They travel through oil prices, shipping lanes, data cables, and inflation…

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Posted in Economy

Govt extends implementation timeline for quality control order on electrical appliances till October

New Delhi: The government on Monday extended the implementation timeline for the mandatory quality control order (QCO) on certain electrical appliances by six months, till…

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Posted in Economy

RBI expected to hold rates steady in first monetary policy since West Asia conflict: SBI Report

New Delhi: The Reserve Bank of India (RBI) is likely to keep key policy rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting scheduled…

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“Unfortunate for India,” Ex R&AW Chief hints at probable inflation if West Asia situation escalates

New Delhi: Former R&AW Chief Vikram Sood, said that India and Israel are allies; but the attack on Iran and killing of its Supreme Leader…

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Posted in Economy

Iran-India fuel trade begins after strait open sesame. Traffic of ‘friendly’ India can pass, says Araghchi; first LPG cargo due this week

Indian refiners have begun buying Iranian crude oil and LPG after the temporary lifting of US sanctions, to make up for supplies lost due to…

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Market experts noted that despite the recovery, uncertainty continues to weigh on investor sentiment. (REUTERS/File)
Posted in Business

Sensex jumps 1,516 points, Nifty up 365 in opening but volatility persists amid Strait of Hormuz closure| Business News

The domestic share markets opened on a positive note on Tuesday, taking a breather from recent selling pressure, with both benchmark indices registering strong gains…

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Ship-tracking data showed the vessels, the Pine Gas and Jag Vasant (seen in photo), set sail from the UAE coastline (Photo courtesy: VesselFinder)
Posted in Business

Two more India-flagged LPG tankers set sail through Strait of Hormuz| Business News

Two India-flagged liquefied petroleum gas tankers set sail for yet undisclosed Indian ports from the UAE early on Monday, tracking close to the Iranian coastline…

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Strait of Hormuz disruption could hit India’s LPG supplies, refined product markets more vulnerable than crude oil markets: Report

Disruptions around the Strait of Hormuz could pose significant risks to India’s energy security, particularly LPG supplies, according to a report by PL Capital. According…

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