Middle East Conflict Strands Garment Shipments, Disrupts Supply

Airspace closures in the Middle East have stranded garment shipments from Bangladesh and India, disrupting exports to global retailers like Zara. Airlines cancel flights, causing cargo delays and rising freight costs across South Asia's apparel industry.

Oil Prices Fall from $100 Peak on Diplomatic Hopes

Oil prices dropped over 6% on Tuesday, retreating from a sharp rally above $100 per barrel, as diplomatic efforts and potential US measures eased fears of prolonged supply disruptions in the Middle East conflict.

MIDC to Finalize Purandar Airport Land Acquisition Lender Soon

Maharashtra Industrial Development Corporation (MIDC) officials announced plans to select a financial institution within 10 days to raise Rs 6,000 crore for acquiring 3,000 acres of land for the proposed Purandar airport, with over 90% farmer consent secu

India Extends LPG Refill Waiting Period to 25 Days

Oil marketing companies have increased the minimum waiting period for booking domestic LPG refills from 21 to 25 days to prevent hoarding. This move follows disruptions in imports from conflict-hit West Asia, with the government directing refiners to boos

Iran-Israel War Disrupts India Banana Exports, Prices Fall

The Iran-Israel conflict has severely disrupted India's banana export trade, with vessels returning from Iran and freight charges surging. Exporters in Madhya Pradesh's banana belt face paralysis during peak Ramzan demand, causing domestic prices to crash

Asian Stocks Surge as Oil Prices Drop from War Peaks

Asian stock markets, including South Korea's Kospi and Japan's Nikkei, posted significant gains as crude oil prices retreated from near $120 per barrel. The rally followed comments from Donald Trump hinting at a potential end to the Iran conflict.

Page 491 of 1489
Pickt mobile sticky banner — logo, tagline and CTA button