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The closure of Strait of Hormuz is hitting not just oil and LPG supply, but also other trade, which may ultimately hit across sectors in India. (AI image) Indian equity markets have witnessed a ‘crude’ shock! The US-Iran war and rising oil prices have spooked investors globally, and Sensex and Nifty are not immune to…
People line up outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Three years ago, JPMorgan Chase executive Doug Petno was at a New York City party celebrating a colleague’s retirement when his boss, Jamie Dimon, called Petno over. It was March…
RSS plans shakha expansion, wider outreach to mark centenary year (Picture credit: PTI) NEW DELHI: The Rashtriya Swayamsevak Sangh (RSS) will focus on expanding its ‘shakhas’ and stepping up public outreach programmes during its centenary year, with the organisation saying it is pushing both organisational growth and wider social engagement as part of its 100th…
India is temporarily reverting to use of kerosene and alternate fuels such as coal and biomass for cooking as disruptions in Middle East strain LPG supply chains. The measures follow the effective shutdown of the Strait of Hormuz, a vital maritime corridor between Iran and Oman through which a large share of global oil and…
India is examining the United States’ move to initiate Section 301 investigations against a group of 16 trading partners and will take an appropriate position after analysing the legal and economic aspects, PTI reported citing an official on Friday.On March 11, the Office of the United States Trade Representative (USTR) announced probes into countries including…
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Bitcoin BTC$73,738.49 is adding to overnight gains in early U.S. trading on Friday, continuing to show strong relative price action after many months of underperformance to assets like stocks and precious metals. Trading at $73,800, bitcoin is higher by nearly 5% over the past 24 hours, with most of those gains coming after U.S. Treasury…
