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The recent blockage of the Suez Canal might affect India’s earnings and stock market, but it’s not a cause for panic yet, say experts. CNBC reported on December 19 that about $35 billion worth of cargo and 57 ships changed […]
Gold prices exhibited stability above the crucial $2,000 mark on Wednesday, driven by widespread expectations of interest rate cuts by the Federal Reserve in the coming year. As investors eagerly anticipated U.S. inflation figures scheduled for later in the week, […]
In the latest market developments across the Asia-Pacific region, Japan’s stocks extended their gains as the Bank of Japan (BOJ) maintained its ultra-loose monetary policy in the final meeting of the year. The BOJ’s decision to leave interest rates at […]
In a stern rebuke, Congress leader Sonia Gandhi condemned the Centre for the suspension of 141 opposition MPs, asserting that the “democracy has been strangulated by the government.” Addressing the Congress Parliamentary Party meeting, she expressed concern over the unprecedented […]
In a significant development during the Winter Session, the Lok Sabha passed three amended criminal law bills, namely The Bharatiya Nyaya (Second) Sanhita, Bharatiya Nagarik Suraksha (Second) Sanhita, and Bharatiya Sakshya (Second) Bill. The bills aim to replace existing laws, […]
Indian exporters are grappling with increased shipping costs as freight lines opt to bypass the Suez Canal due to rising tensions in the Red Sea. An estimated $200 billion worth of Indian exports annually traverse the Suez Canal, but recent […]
Amid recent attacks on commercial vessels by Yemen’s Houthi rebels, the Suez Canal and the Red Sea are witnessing a substantial drop in global oil and petroleum product flows, according to ship tracking data. Viktor Katona, lead crude analyst at […]