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The Middle East crisis is sending shockwaves far beyond the region, unsettling everything from oil markets to stocks and currencies. At a time when markets around the world are already volatile, Pakistan, which is already grappling with a fragile economy, is finding itself on the brink of an economic crisis. Concerns are rising around inflation,…
The company had postponed maintenance work at its 20 million tonnes-per-year Vadinar refinery in Gujarat. (AI image) Russia’s Rosneft-backed Nayara Energy is planning to halt operations for around 35 days starting early April, a move that could temporarily take nearly 8% of India’s refining capacity offline and tighten domestic fuel availability, according to people familiar…
Mamata Banerjee and Nitin Nabin (R) NEW DELHI: The BJP and TMC on Wednesday traded sharp barbs in West Bengal as the assembly elections draw near, turning the political battlefield increasingly charged. New BJP chief Nitin Nabin accused the Mamata government of double standards, alleging that Hindus must seek permission to set up puja pandals,…
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On Friday, bitcoin BTC$71,459.30 options or derivative contracts worth billions will expire on crypto exchange Deribit. Traders might want to note that the dynamics of the expiry are such that BTC’s market price could be lifted toward a very specific point: $75,000. Deribit, the world’s largest crypto options exchange, will settle bitcoin options contracts worth…
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The government on Wednesday dismissed reports suggesting a change in LPG refill booking timelines, stating that the information being shared is incorrect and misleading. The Centre reaffirmed that the existing timelines “remain unchanged and continue to” function under the current time limit.The ministry of petroleum & natural gas clarified that reports circulating on social media…
