Indian Equity Markets: Middle East war, crude prices to steer Dalal Street this week; Fed, inflation data also in focus

Developments in the ongoing Middle East conflict and the movement in crude oil prices will be the key drivers for Indian equity markets this week, analysts said, with investors also closely tracking the US Federal Reserve’s interest rate decision, inflation data and foreign fund flows after a bruising selloff in Dalal Street.Market participants are bracing…

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LPG relief: Two Indian vessels cross Strait of Hormuz safely with 92,700 tonne cargo, set to dock March 16 & 17

In a boost to domestic energy supplies amid disruptions in West Asia, two Indian-flagged LPG carriers safely crossed the conflict-hit Strait of Hormuz early Saturday and are now on course for ports in Gujarat. LPG carriers Shivalik and Nanda Devi are heading to Mundra and Kandla, respectively, Rajesh Kumar Sinha, Special Secretary in the Ministry…

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No one country can ensure balance of power in Asia, India’s role indispensable: US official | India News

Signalling a more transactional and interest-driven focus in its ties with India, the US has said that its objective is to work with India to ensure peace and stability in the Indo-Pacific that is not founded in naivete or “gauzy abstractions” like the rules-based international order, but in strength, reason, and hard-nosed collaboration. As he…

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Benjamin Netanyahu approves a $35 billion natural gas export deal to Egypt, biggest in Israeli history | Business

FILE – An oil platform is seen in the Leviathan natural gas field on Jan. 31, 2019, in the Mediterranean Sea off Israel’s coast. (Marc Israel Sellem/Pool via AP, File) JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said on Wednesday that he has approved a $35 billion natural gas export deal to Egypt, the biggest gas…

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Tribal pushback over ‘illegal settlers’ kills 2 in Assam’s West Karbi Anglong | India News

GUWAHATI: Violent tribal protests against illegal non-tribal settlement in a constitutionally protected hill region of Assam left two people dead Tuesday – as Sixth Schedule protections and land rights ignited a volatile fault line. Assam DGP Harmeet Singh, IGP (law and order) Akhilesh Kumar Singh and 48 police personnel were wounded after crowds armed with…

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