LNG is the weakest link in India’s fuel-supply chain. Photograph: Yuriko Nakao/Reuters Key Points India needs 1-1.5 million tonnes of LNG a month. trimmed allocations of natural gas for consumers. India received 10 cargos in March to date, the Kpler
‘Every day the meter is ticking. Like a time bomb.’Shipping giants are billing Indian exporters up to $3,000 per container in war surcharges — on cargo that sailed before the war began — as the Strait of Hormuz shuts down.
Atanu Chakraborty’s sudden resignation as HDFC Bank chairman, citing ethical concerns, has triggered leadership changes and raised questions about governance at the country’s second-largest lender. IMAGE: A file photo of Atanu Chakraborty with Finance Minister Nirmala Sitharaman. Photograph: ANI Photo
Stock markets plummet over 3% due to soaring crude oil prices and weak global cues. Sensex and Nifty see biggest drop since June 2024. Photograph: Francis Mascarenhas/Reuters Key Points Sensex and Nifty both plummeted over 3% due to surging crude
HDFC Bank has moved to reassure stakeholders following the resignation of its part-time Chairman Atanu Chakraborty, asserting that there are no regulatory or operational concerns linked to his exit, while appointing Keki Mistry as interim chairman for three months. Addressing
Despite a raging war in the Middle East, involving the US and Israel on one side and Iran on the other, shares of Chinese defence companies are trading with sharp cuts. Iran and China share deep strategic ties involving oil
Following the HDFC Bank chairman’s resignation, the Reserve Bank of India (RBI) has issued a statement reassuring the public about the bank’s financial stability, governance, and overall sound position in the Indian banking sector. Photograph: ANI Photo Key Points RBI
LPG is used to heat the air needed for withering and drying tea leaves. IMAGE: Workers carry freshly plucked tea leaves. Photograph: Sahiba Chawdhary/Reuters Key Points Around 41 per cent of Darjeeling tea is exported. Darjeeling tea gardens maintain limited stocks
Discover why Cognizant’s Chief AI Officer believes India is uniquely positioned to lead in artificial intelligence development, thanks to its tech-savvy population and robust digital infrastructure. IMAGE: Workers carry freshly plucked tea leaves.Illustration: Dado Ruvic/Reuters Key Points India’s strong technology
Indian stock markets surged, with Sensex and Nifty closing higher for the third consecutive day, driven by factors like falling crude oil prices and a robust IT sector performance. Illustration: Dominic Xavier/Rediff Key Points Sensex and Nifty indices closed nearly
