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FORCE MAJEURE
Plea for pooled gas gains steam amid renewed tensions in West AsiaCity gas firms want the government to reinstate a pooled gas mechanism. This is due to ongoing supply and price uncertainties in West Asia....
Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
Ukraine takes aim at Russia's economy and morale by attacking online retailerFor over a month, Ukrainian drones have been relentlessly striking warehouses belonging to Russian online retailer Wildberries. This offens...
Crop buyers cut off from Black Sea are turning to other originsThe region is one of the world’s top suppliers of grain and sunflower oil, much of which heads to Asia, Africa and the rest of Europe.
'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...
India's Petronet says no clarity on September LNG supplies from QatarPetronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announce...
Haryana RERA gives developers four-month relief as Iran war disrupts projectsHaryana RERA has extended real estate project deadlines by four months. This decision follows a central government advisory recognizing sup...
CREDAI welcomes Bengal realty reforms; seeks 8-month force majeure reliefCREDAI West Bengal welcomes the state government's proposed Standard Operating Procedure for building safety. Developers requested an eight...
More than 2-year delay in getting possession of the apartment, yet no compensation from MahaRERA; Know how accepting possession without protest hurt homebuyer's delayed compensation pleaHomebuyersgot no compensation for more than 2-year delay in possession of flat, MahaRERAorder; Know how accepting possession without protes...
MahaRERA extends project completion deadlines by 4 months citing force majeureMahaRERA has granted an automatic four-month extension to eligible real estate projects in Maharashtra due to disruptions linked to the Wes...
Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer pricesThe escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...
Housing ministry issues advisory to State RERAs to give project extension due to West Asia crisisThe Ministry of Housing has advised State RERAs to grant developers a four-month extension. This advisory addresses disruptions in global s...
Flight status delayed or cancelled due to heavy rain? Here's when you can claim a refund, free meals and hotel accommodationIndian passengers have rights during monsoon flight disruptions. Airlines must offer refunds or alternative flights for cancellations due t...
Rented house damaged in a flood or earthquake? Do you still have to pay rent to your landlord? Here's what the law saysCan tenants stop paying rent after floods, earthquakes, or other natural disasters? Here's what the Transfer of Property Act, 1882, and the...
Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile HormuzSaudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbour...
India lifts emergency natural gas supply controls imposed after LNG disruptionsEmergency natural gas supply controls, implemented earlier this year due to Middle East conflict-induced LNG shipment disruptions, have bee...
What does force majeure mean? Why Bahrain’s Bapco declared it amid rising crude oil prices and can it disrupt the global oil supply?Bahrain's state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refiner...