LPG Tanker from Texas Arrives at New Mangalore Port
The LPG tanker Pyxis Pioneer has arrived at New Mangalore Port from Texas, with another vessel, Apollo Ocean, scheduled to deliver 26,687 tonnes of LPG for Indian Oil Corporation on March 25.
The LPG tanker Pyxis Pioneer has arrived at New Mangalore Port from Texas, with another vessel, Apollo Ocean, scheduled to deliver 26,687 tonnes of LPG for Indian Oil Corporation on March 25.
Indian companies face shipment delays and raw material shortages due to the West Asia conflict, says CII. The industry body highlights downstream effects on manufacturing and energy markets, but notes India's resilience from reforms.
The ongoing Middle East conflict enters its fourth week, creating volatility in global stock markets. Investors brace for a holiday-shortened week with focus on crude oil prices, foreign flows, and domestic data.
The Confederation of Indian Industry reports shipment delays and raw material shortages in India due to Middle East conflict, impacting global trade-dependent sectors, but notes resilience from reforms.
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RecommendedThe Confederation of Indian Industry (CII) warns that the West Asia conflict is causing shipment delays and raw material shortages for Indian companies, prompting adaptations like energy diversification and supply chain optimization.
Stock markets in the holiday-shortened week will be influenced by the West Asia conflict and crude oil price movements, with global cues and domestic factors also playing key roles.
Air India CEO advises staff to control costs as West Asia conflict causes operational disruptions. The airline faces challenges similar to other carriers since the conflict began on February 28.
India's PM E-DRIVE scheme mandates deep localization of traction motors and controllers by September 2026, creating supply chain risks due to China's export restrictions on critical rare earth magnets essential for high-performance EV trucks.
The Mumbai-Ahmedabad bullet train corridor sees a major advancement as Tunnel Boring Machines arrive, with underground work set to begin in three months, overcoming geopolitical delays.
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RecommendedS&P Global Ratings warns that the Middle East conflict may slow Dubai's residential real estate market, with caution among investors and lower transaction volumes. However, a sharp crash like 2008 is unlikely if the conflict remains short-term.
The Confederation of Indian Industry reports that the Middle East conflict is disrupting global supply chains and energy flows, but India's economy remains resilient due to reforms and self-reliance initiatives.
Foreign portfolio investors have turned net sellers in March, withdrawing Rs 88,180 crore from Indian equities due to rising geopolitical tensions, high oil prices, and a weakening rupee, reversing February's strong inflows.
Thane Police arrest CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal in a cheating case involving Rs 71.6 lakh. The FIR alleges fraud linked to cryptocurrency investments and franchise offers, while CoinDCX denies claims, citing impersonation.
In 2013, James Howells accidentally discarded a hard drive with 8,000 Bitcoins, now worth $550 million. Despite recovery efforts and legal battles, it remains buried in a landfill, with his story becoming a documentary series.
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The Russian oil tanker Aqua Titan, originally bound for China, has unexpectedly arrived at an Indian port, highlighting shifting global energy dynamics and India's strategic role in oil imports.
The Central Government has amended the Mutual Credit Guarantee Scheme to enhance credit access for MSMEs, focusing on manufacturing and exports, with new terms for service sector inclusion and export incentives.
Foreign portfolio investors have withdrawn Rs 88,180 crore from Indian equities in March, driven by West Asia tensions, a weakening rupee, and high crude oil prices, pushing 2026 outflows past Rs 1 lakh crore.
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RecommendedThe LPG tanker Pyxis Pioneer has delivered over 16,000 tonnes of fuel from the US to New Mangalore Port, as India boosts imports to secure energy supplies amid West Asia tensions. The Shipping Ministry has waived cargo charges on crude and LPG imports tem
On May 26, 2010, Apple's market cap exceeded Microsoft's for the first time. Steve Jobs marked the milestone with a brief email urging employees to stay focused on innovation, quoting Walt Disney. Today, both trail Nvidia in market valuation.
The All India Distillers' Association has urged the government to increase ethanol blending from 20% to 30%, citing potential reductions in crude oil imports amid rising global prices and Middle East conflicts.
South Korea will require electric vehicle battery details like manufacturer and origin under new laws, with stricter safety certifications and fines up to $6,600 for non-compliance.
Western Railway suburban services in Mumbai are operating normally today after overnight maintenance blocks at Vasai Road-Virar and Prabhadevi station. Commuters face no daytime disruptions.
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The Pyxis Pioneer, a Singapore-flagged LPG vessel from Texas, arrived at New Mangalore Port as India waives fees for crude and LPG amid the Israel-Iran conflict, ensuring energy security.
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Anindya Banerjee of Kotak Mahindra Securities warns of a 'hard lockdown' in global supply chains due to escalating West Asia conflict, impacting oil and gas flows. India leverages energy diplomacy to secure supplies from multiple nations.
The Civil Aviation Ministry withdraws fare caps on domestic flights effective March 23, allowing airlines to price tickets based on market demand while urging pricing discipline.
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RecommendedThe Pyxis Pioneer cargo ship, carrying liquefied petroleum gas from the United States, has arrived at Mangalore port. This delivery occurs amidst ongoing geopolitical tensions in West Asia, highlighting India's strategic energy diversification efforts.