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GLOBAL SHIPPING FREEFALL
Has the luxury e-commerce bubble burst?More brands and more products in more geographical regions. More sales. Beyond the eye-watering spending required to build the infrastructu...
Freight market pendulum swings back toward normalIn the meantime, as per maritime research firm Drewry, global average ocean freight rates for a 40-foot container have jumped for five week...
Global shipping costs creep higher after 16-month freefallDuring the peak pandemic, shipping rates skyrocketed tenfold to record highs as consumers started to load up on household items.
Saudi Arabia slashes output further to boost oil priceSaudi Arabia's fresh cut of one million barrels per day (bpd) is for July but "extendable", its Energy Minister Prince Abdulaziz bin Salman...
Sensex falls for 2nd session, ends 236 pts lower; Nifty slips below 16,150The 30-share pack Sensex declined 236 points or 0.43 per cent to close at 54,052.61. Its broader peer NSE Nifty declined 89.55 points or 0....
War on Terra: how 'stablecoins' clobbered crypto this weekBillions were wiped off cryptocurrency markets this week. Bitcoin dropped below $30,000 on Monday and crashed further to $28,000 on Thursda...
UK warns Putin of indefinite sanctions, war crimesOn a visit to Poland, Prime Minister Boris Johnson condemned Putin's "barbaric, indiscriminate" tactics against Ukrainian civilians, after ...
India's Naval defence might in full display at President's Fleet ReviewAlong the ships, there was a Parade of Sails, comprising two Laser Bahia, six Enterprise Class and six Indian Naval Sailing Vessels Mhadei,...
Can world powers curb Iran in new nuclear talks?Former Israeli Defense Minister Moshe Yaalon, who fiercely opposed the original deal, was one of the rare Israeli voices to argue against w...
- How rupee fall hurts you; Check out stocks and sectors that will be most affected by the depreciating rupee
Analysts foresee rupee to remain subdued as long as the uncertainty in Europe persists. Here's a look at stocks that will be affected by de...