Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
22 Oct, 2026, 02.50 PM IST
Thailand, Malaysia urge citizens to avoid protest-hit EU nationsThailand and Malaysia have advised their citizens to reconsider travel to Europe due to ongoing protests. The Thai Foreign Minister highlig...
22 Oct, 2026, 10.28 AM IST
Einride expands Nvidia partnership to deploy AI reasoning model for self-driving trucksSelf-driving truck company Einride said on Wednesday it would broaden its partnership with Nvidia by testing the chipmaker's AI reasoning m...
21 Oct, 2026, 04.39 PM IST
Europe’s last penicillin plant faces a bitter fight against China’s cheaper drugsThe Sandoz penicillin plant in Kundl, Austria, is under threat from cheaper Chinese antibiotic production. European healthcare programs ben...
21 Oct, 2026, 04.36 PM IST
Railways' Big Kashmir Plan: New warehouses near Anantnag & Pampore stations to help apple growers and saffron traders reach bigger marketsNorthern Railway has invited tenders to develop warehouses near Anantnag and Pampore railway stations in Kashmir under its Cargo Related Fa...
20 Oct, 2026, 02.20 PM IST
Indian Railways offers discounted round-trip parcel fare ahead of festive rushIndian Railways has introduced a one-year pilot offering parcel aggregators discounted round-trip bookings at 1.5 times the one-way fare, r...
19 Oct, 2026, 06.02 PM IST
International Oil prices to jump 'super spike', claims energy research analyst, predicts global oil ratesInternational Oil prices: The recovery in Middle Eastern oil exports, higher production outside the Persian Gulf and dwindling demand had n...
17 Oct, 2026, 08.42 PM IST
Why India's steel demand is defying global weaknessIndia’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input co...
17 Oct, 2026, 11.08 AM IST
Driving a wedge in the EU EV marketChinese automobile companies are presenting their advanced technologies at the Paris auto show to attract European buyers. European car man...
16 Oct, 2026, 11.13 PM IST
US considers removing sanctions on some shadow fleet vessels to cut freight rates, official saysDiscussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...
16 Oct, 2026, 07.54 AM IST
Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
15 Oct, 2026, 07.59 PM IST
Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
14 Oct, 2026, 07.52 PM IST
Global oil demand to fall by 2.6 million barrels per day in 2026, diesel to account for 25 pc of decline: IEAGlobal oil demand is anticipated to decrease significantly in 2026 due to the impact of the Iran war. Diesel is expected to account for 25 ...
14 Oct, 2026, 05.39 PM IST
In 2005, the US required reflective markings on freight cars to improve visibility at crossings; nearly 1 in 4 crossing collisions involved vehicles hitting trainsAt night, freight trains can easily go unnoticed, leading to numerous accidents at highway-rail crossings. To address this safety concern, ...
14 Oct, 2026, 01.00 PM IST
6.14% growth registered in freight loading in September 2026 over September 2025: Indian RailwaysIndian Railways reported loading 135.35 million tonnes of freight in September 2026, marking significant growth. This represents a 6.14 per...
13 Oct, 2026, 03.18 PM IST
In 1876, Washington, D.C., opened an incline plane that lowered canal boats to the Potomac River inside a water-filled tank weighing about 400 tons when fullIn the 1870s, the Chesapeake & Ohio Canal encountered serious challenges when attempting to move boats to the Potomac River. To overcome th...
13 Oct, 2026, 01.30 PM IST
US-China supertanker freight cost eases from record, data showsFreight rates for shipping US crude oil to China have recently eased after reaching record levels. The rate dropped to $634,974 per day, a ...
12 Oct, 2026, 08.00 AM IST