The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across markets. But Iran, one of the key flashpoints in the crisis, seems to be dealing with a different kind of pressure altogether. Instead of just struggling with disrupted exports, the country is now staring…
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Bitcoin traded around $73,500 Friday morning Hong Kong time, according to CoinDesk market data, roughly 10% below the low-$80,000 levels reached earlier this month, as new data from CryptoQuant suggests one of the market’s most widely cited bullish indicators may instead reflect a shortage of buyers. A record 15.8 million BTC is now classified as…
New Delhi: Petroleum and Natural Gas Regulatory Board (PNGRB) has urged oil and gas companies to review and strengthen their compensation policies beyond statutory requirements to ensure adequate support for families of workers killed or permanently disabled in accidents.While several companies have already enhanced their voluntary compensation packages following its interventions and continued follow-up, the…
Ashok Vaswani, MD & CEO, Kotak Mahindra Bank MUMBAI: Kotak Bank chief executive Ashok Vaswani said large banks that sold stakes in their financial-services subsidiaries to foreign investors lost considerable long-term value, arguing that full ownership of such businesses is a strategic advantage.Speaking at a media gathering on Wed, Vaswani urged reporters to “go and…
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JAMMU: Three mortar shells were found in two separate places in forward areas along the Line of Control (LoC) in Rajouri district of Jammu and Kashmir on Monday, officials said.According to officials, two mortar shells were found in Jhanghar forest area, while another was found at a secluded location in Makri village of Nowshera sector…
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