RBI to hold rate on Friday, future hike will depend on inflation data: Gita Gopinath
MUMBAI: The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taking any future policy action, according to Gita Gopinath, former
Geopolitics boost freight rates but pose challenges to shipowners elsewhere
NEW YORK: Geopolitical conflicts have pushed up vessel earnings while creating obstacles for shipping companies in crewing and making mid- and long-term investments, several shipowners said. Freight rates in various sectors have risen as
Transits through Strait of Hormuz remain limited as Iran-US peace talks fizzle
HOUSTON: Traffic through the Strait of Hormuz remains constrained as only 10 vessels transited the waterway over the weekend, fewer than the previous weekend, according to France-based data and analytics firm Kpler. Kpler said
Hormuz disruption remains most consequential variable for India’s external, price outlook: Finance Ministry review
NEW DELHI: The duration of the disruption in the Strait of Hormuz remains the “single most consequential variable” for India’s external sector and inflation outlook, according to the Finance Ministry’s Monthly Economic Review for
Government making all efforts to ensure availability of Petrol, Diesel and LPG, steps taken against diversion
NEW DELHI: The government is working to strengthen fuel security through strategic reserves and ensuring uninterrupted supply, even as steps continue to be taken against hoarding, Sujata Sharma, Joint Secretary, Ministry of Petroleum and
Iran’s IRGC says 28 ships passed through Hormuz in the last 24 hours
TEHRAN: Iran’s Islamic Revolutionary Guard Corps (IRGC) on Sunday said that 28 ships, including oil tankers, container vessels, and other commercial ships, passed through the Strait of Hormuz in the last 24 hours under
Iran’s new Strait of Hormuz body condemns US sanctions, vows ‘no interruptions’
TEHRAN: Persian Gulf Strait Authority (PGSA), Iran’s new body to manage the passage of vessels through the Strait of Hormuz, condemned the US sanctions on it and vowed to continue its operations “without interruptions”.
“India stands ready to support efforts to reduce tensions”: Ajit Doval calls for uninterrupted flow of trade through Hormuz, Red Sea
MOSCOW: National Security Advisor Ajit Doval called for special attention to the situation in West Asia, emphasising the need to ensure the safe and uninterrupted flow of trade through international waterways, including theStrait of