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INDUSTRY CRISIS
SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...- Private bus operators raise concerns over Kerala's free travel scheme for womenPrivate bus operators in Kerala are worried about the new free travel scheme for women on KSRTC buses. They claim it is hurting their busin...
- After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
- Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
- Hormuz may reopen, but fertiliser relief is still months away for IndiaFertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia ...
- Morbi's ceramic Kilns blaze again as fuel supply crisis easesWith the dust settling from the Iran war, Morbi's ceramic industry has emerged from its hiatus, bringing workers back to the bustling facto...
- Carnival Time! Auto cos on a roll as demand stays strongIndian auto sales experienced robust double-digit growth in May, with passenger vehicles up 27% and two-wheelers by 31%. This surge, driven...
- Dia Mirza's environmental remark on patriarchy sparks backlash; internet says 'Aadmi hona paap ho gaya hai'. Here's what she saidDia Mirza's assertion on a podcast that patriarchy is the cause of climate change has sparked a heated online debate. While critics argue h...
- India passenger vehicle sales rise 27.3% in May to 438,854 units: SIAMIn an exhilarating turn of events, the Indian automobile market experienced an extraordinary spike in sales last month, setting new records...
- Alang shipbreaking yard, world's largest, faces worst-ever crisis as vessel arrivals hit record lowAlang, India's largest shipbreaking yard, is experiencing its worst downturn. Geopolitical tensions and extended ship lifespans have led to...
- Former Bengal minister Manas Bhunia quits TMCFormer minister Manas Bhunia has resigned from the Trinamool Congress. This adds to the party's ongoing crisis following its assembly poll ...
- Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes foreverIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...
- Urea imports may get 50% cheaper before kharif season as China eases suppliesIndia is set to import urea at significantly lower prices. This development follows a sharp decline in global urea rates after a recent spi...
- Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...
- Govt restricts bulk industrial petrol, diesel purchases through petrol pumpsIndustrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...
- Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
- China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
- Rakesh Jhunjhunwala's timeless lesson on handling life's and market's ups and downs: 'Life is not linear. We have to accept reality as it is rather than...'Legendary investor Rakesh Jhunjhunwala in quote of the day emphasized that life and markets move in cycles, with setbacks being an unavoida...
- Packaging firms remain upbeat on FY27 growth despite raw material volatility amid West Asia crisisDespite these disruptions, companies like EPL Ltd, Uflex, and TCPL Packaging remain optimistic about FY27 growth, driven by strong domestic...
- Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...
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