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Drone strike on UAE’s Port of Fujairah: Why is it crucial for the nation and global oil markets?

The Port of Fujairah in the UAE was once again hit by a drone strike, triggering a fire at a petroleum facility. Specialised emergency teams responded promptly and brought the blaze under control, and no injuries were reported. The attack comes amid rising tensions in the Middle East, as the conflict involving Iran, the United…

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‘Assaulted my very idea of parliamentary democracy’: Deve Gowda writes to Sonia Gandhi; flags ‘far too many disruptions’ in Parliament | India News

NEW DELHI: Former Prime Minister and Rajya Sabha MP H D Deve Gowda on Monday wrote a letter to Congress MP Sonia Gandhi expressing concern over what he described as “chaos” inside Parliament and its premises. In his letter, Gowda shared that he had been “greatly disturbed” by developments in Parliament, which he attributed primarily…

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No gas, no problem: Ready-made meals and frozen foods take over Indian homes

The Middle East conflict continues to boil, sending ripples through global oil supplies. As concerns rise over liquified petroleum gas (LPG) shortages, Indian households are increasingly relying on ready-to-cook meals, frozen snacks, and no-cook foods. Retailers report a sharp rise in demand, with sales climbing up to 20% month-on-month as consumers seek alternatives to traditional…

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Vedanta clears Rs 2,575 crore NCD fundraise to refinance debt, strengthen balance sheet

Vedanta Ltd on Monday said its committee of directors has approved raising up to Rs 2,575 crore through the issuance of non-convertible debentures (NCDs), as the company looks to diversify funding sources and strengthen its balance sheet.According to a filing with the BSE, the panel has cleared the allotment of 2,57,500 unsecured, redeemable, rated and…

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Trump-linked WLFI passes proposal letting $5 million stakers buy ‘direct access’ to team

World Liberty Financial, the decentralized finance (DeFi) protocol linked to the family of U.S. President Donald Trump, put a $5 million price tag on ‘direct access’ to team members in an almost unanimous governance vote. Token holders of the venture backed by Eric and Barron Trump passed a proposal on Friday that creates a three-tier…

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