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FREIGHT COSTS
Whirlpool hikes prices by 5% from November 1 amidst inflationary heatWhirlpool of India Limited announced a five percent price increase on all products, effective November 1, 2026. This decision aims to addre...- ‘Ocean freight rates will come down eventually, we have seen this before’: DP World COOGlobal ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerout...
- India’s oilmeal exports fall 28.5% as cheaper Brazilian, Argentine soymeal squeezes shipmentsIndia's oilmeal exports fell 28.51% year-on-year to 12.82 lakh tonnes in April-August FY27, dragged by a 73% plunge in soybean meal shipmen...
- Middle East oil price war heralds post-conflict glut: BoussoThe Strait of Hormuz has become a bustling corridor for Middle Eastern oil, with exports rising sharply since September. However, the ongoi...
- IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksThe move marks a potential shift in the company's shipping strategy, which has traditionally relied on a mix of time-charter and voyage-cha...
- 56% of global business leaders expect disruptions to severely hit operations: KPMGA recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations....
- Overall, India Inc credit profile looks healthy: Ramnath Krishnan, Icra Group CEOCorporate India's credit profile has maintained strength following a period of deleveraging post-Covid, although external pressures exist. ...
- Consumer goods cos turn to cost cutting amid higher input prices to protect demand, revive volume growthThe cost-cutting comes amid an elevated input-price outlook flagged by several companies during recent earnings calls, due to high raw mate...
- 56% of global business leaders expect disruptions to severely hit operations: KPMGA recent KPMG International report indicates that 56 percent of global business leaders anticipate severe disruptions affecting operations....
- IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksIndian Oil Corporation aims to enhance control over its energy supply chain by acquiring crude oil carriers and LPG vessels. The company is...
- Asia fuel oil benchmarks slump as market prices in potential Iran war de-escalationAsian fuel oil benchmark prices underwent a steep decline this week, driven by expectations of heightened supplies from the Middle East. Th...
- Trust market returns to secure oil: India owns stakes in oilfields from Russia to Abu Dhabi, but getting that crude home is another challengeIndia's overseas oil investments, particularly in Russian oilfields, have not guaranteed preferential access to crude during supply disrupt...
- Cummins India shares crash 15% after Q2 net profit falls 19% YoY, margins take 680 bps hitCummins India shares plunged after the company reported a 19% year-on-year decline in Q2FY27 net profit, while EBITDA margin contracted sha...
- US midterm elections: Crude cools, but Iran war risks keeps markets guessingOil prices are expected to stay elevated amid President Trump's weakened political position after the midterms. Uncertainties regarding the...
- MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...
- Sarbananda Sonowal outlines plan to double coastal & waterway freight share to 12% by 2047The Indian government is implementing initiatives to double the share of coastal and inland waterway shipping by 2047. The Coastal Cargo Pr...
- Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
- Ambuja Cements to invest $1.5 billion to raise capacity to 155 MTPA by FY30Ambuja Cements plans to invest ₹14,500 crore to enhance its cement production capacity by fiscal 2030. The current capacity of 113.5 MTPA i...
- Commerce ministry sets up committee for better utilisation of RELIEF initiative for exportersThe commerce ministry has established a six-member committee to enhance the RELIEF initiative for exporters. This initiative aims to mitiga...
- High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
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