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Why did market fall today? N Chandra’s exit among 3 factors behind 188-pt Sensex slide; Nifty below 24,450Indian equities extended losses on Wednesday, with Sensex falling 188 points and Nifty declining 36 points, amid pressure on Tata Group sto...
India’s July trade deficit widens to $31.98 bn from $30.43 bn in JuneIndia’s merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists’ estimate of $30.20 b...
Ship pays $4 million to skip line to cross Panama CanalWhile typical transits through the waterway are paid by a flat rate via reservations, the Panama Canal Authority also offers customers an a...
Sensex falls over 200 points, Nifty below 24,450 as oil nears $90/barrel. What lies ahead?On Wednesday, Indian stocks experienced a downturn as oil prices approached $90 per barrel. Analysts attribute this decline to geopolitical...
Dollar subdued as markets await US inflation data for Fed cluesAs Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from th...
In 1999, Oregon shipped a 1,000-ton nuclear reactor vessel 270 miles up the Columbia river, then buried it in WashingtonOregon's Trojan Nuclear Power Plant reactor vessel traveled 270 miles up the Columbia River. This massive 907-metric-ton vessel was then tr...
Nearly 30,000 pounds of beef recalled in Florida, Texas: Reason and affected productsNearly thirty thousand pounds of raw beef from Argentina are being recalled in Florida and Texas. This recall is due to the products enteri...
US fired on Panama-flagged ship that tried to break blockade of Iranian ports, WSJ reports citing US officialA US military helicopter fired on a Panama-flagged ship after its crew ignored warnings. The vessel, Vela Nova, was reportedly hit by a mis...
Pakistan sees US-Iran deal close as Hormuz standoff drags on, Trump toughens stancePakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicti...
Mark Zuckerberg’s $300 million yacht Launchpad was nearby as Alaska cruise ship rescued stranded skiff after it ran out of fuel. Meta CEO explains why yacht did not respond immediatelyMark Zuckerberg’s $300 million yacht Launchpad was reportedly near a stranded 21-foot skiff in Southeast Alaska after the boat ran out of f...
Batten down, ride out shipping stormShips are increasingly steering clear of the Suez Canal, resulting in port congestion and longer shipping times than usual. Driven by elect...
Indian exporters suffer twists and turns of freight amid Lanka, Singapore transhipment jamIndian exporters face delays due to congestion at Singapore and Colombo ports. A surge in China-US trade is reducing container availability...
US Iran war: Trump may ditch nuclear deal plan if Tehran reopens HormuzUS President Trump seeks an exit from the Iran war as the conflict continues to escalate. The administration may set aside the nuclear issu...
Defence stocks: Time to change strategy? 18 stocks with downside and upside potential from minus 26% to plus 26%When a stock remains in the red for several months, investors naturally begin questioning the investment. Imagine a shipbuilder remaining w...
India sails past China with 27% more officers steering the world’s shipsIndia has overtaken China in supplying merchant shipping officers, with 140,718 officers compared with China’s 110,893, according to the BI...
Early surge in US container imports coming to an end, shippers sayUS container import volume, driven by tariffs and war surcharges, has peaked. Shippers are now well-stocked for the upcoming holiday shoppi...
How the Iran-backed Houthis' claims of deadly attacks are stoking fears of a wider regional conflictYemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...
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...
Iran, Oman agree shipping route through Strait of HormuzIran and Oman have agreed on shipping route coordinates for the Strait of Hormuz. A joint announcement is being finalized, provided no thir...
364 metric tonnes of banned Pakistan-origin dates seized at Kandla, routed via UAE to bypass banDRI seizes 364 metric tonnes of Pakistan-origin dry dates worth ₹3 crore at Kandla Port after importers allegedly declared them as UAE good...