Pranab Mukherjee Samadhi Plan Hits DUAC Hurdle
Delhi Urban Art Commission rejects CPWD's design for Pranab Mukherjee's samadhi at Rajghat, citing deviations from memorial precinct norms.
Category : International Trade
AM Green, VOC Port ink deal for green ammonia hub
AM Green and VOC Port Authority will develop Tuticorin as a green ammonia production and bunkering hub, with initial capacity of 200,000 tonnes/year by 2030, entailing Rs 2,000 crore investment.
ECB Hikes Key Rates by 25 Bps for First Time in 3 Years
The European Central Bank raised interest rates by 25 basis points, citing inflation from the Middle East conflict. Growth forecasts cut for 2026-27.
From Embargo Victim to Top Oil Exporter: US Story
Once a victim of the Arab oil embargo, the US has transformed into the world's leading oil exporter, driven by a shale revolution that began after 2010.
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India Secures Crude and LPG Supplies Amid Middle East Crisis
India's refiners have built sufficient crude oil and LPG inventories to last through August and mid-July respectively, amid ongoing Middle East disruptions. HPCL bought 4 million barrels of Murban crude for August delivery.
Adani Ports' $70M Argentina LNG Deal Cuts Gulf Dependency
Adani Ports secures a $70 million marine services contract for Argentina's first LNG export project, establishing a new energy corridor from South America to India by 2027, reducing Gulf dependency.
Trump Brags About Secretly Removing Millions of Barrels of Iranian Oil
US President Donald Trump claimed his administration secretly removed millions of barrels of Iranian oil from global markets, preventing oil prices from reaching $250 per barrel.
Oil Stable Below $200 Amid Iran Strait Closure, Dark Ship Transfers
Oil prices have surged but remain below $200/barrel due to covert ship-to-ship transfers in the Middle East, stabilizing global supplies despite Iran's Strait of Hormuz closure and US naval blockade.
Global Oil Prices Rise as Trump Threatens Iran
Global crude oil prices surged after US President Donald Trump threatened Iran for delaying peace talks. West Texas Intermediate rose 2.17% to $90.11, while Brent crude climbed 1.9% to $93.19.
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Oil Edges Up as Investors Seek Clarity After Iran-Israel Tensions
Oil prices rose slightly on Tuesday as investors awaited clarity after Iran-Israel tensions halted attacks. Brent crude gained 13 cents to $94.38, while WTI rose 11 cents to $91.41 per barrel.
India Seeks Tariff Assurances in US Trade Talks
India has outlined key demands in trade talks with the US, including preferential tariffs and assurances against future hikes, as both nations work towards an interim agreement by mid-July.
Indian-American Donates $5.5M for Texas Healthcare Access
Brij and Sunita Agrawal donate $5.5 million to St. Luke's Health-Sugar Land Hospital for clinical programs and a new primary care clinic in Texas.
Oil Surges Over 4% as West Asia Conflict Threatens Strait of Hormuz
Global oil prices jumped more than 4% after Israel-Iran strikes renewed fears of a prolonged Strait of Hormuz closure, overshadowing hopes of a peace deal.
Crude Oil Prices Rise to Rs 8,850 Amid West Asia Crisis
Crude oil futures surged over 5% to Rs 8,850 per barrel on Monday, driven by escalating geopolitical tensions in West Asia. July delivery contracts gained Rs 429.
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OPEC+ Increases Oil Output Targets Despite Hormuz Crisis
OPEC+ agreed to a fourth consecutive oil output hike of 188,000 bpd from July, even as the US-Iran conflict disrupts supplies through the Strait of Hormuz, keeping actual production well below targets.
Israel Intercepts Two Projectiles from Lebanon
Israel intercepted two projectiles from Lebanon as Iran conditions peace talks with US on a ceasefire between Hezbollah and Israel.
US Plans to Use Seized Iranian Funds for Gulf Reconstruction
The US Treasury intends to use frozen Iranian assets to help Gulf allies rebuild from damages inflicted by Tehran, amid ongoing hostilities and stalled peace talks.
Lula Shames Rubio as Tariff War Turns Personal
Brazilian President Lula da Silva publicly attacked U.S. Secretary of State Marco Rubio, rejecting Trump's proposed tariffs as false and warning of reciprocal measures amid escalating tensions.
Rosneft CEO: US Firms Top Beneficiaries of Hormuz Closure
Rosneft CEO Igor Sechin said US energy companies gained from the Strait of Hormuz closure, warning prolonged disruption could undermine oil demand and boost alternative energy interest.
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Shadow Fleet: Iran's Oil Lifeline Despite Sanctions and War
Explore how Iran's shadow fleet of aging tankers evades sanctions, sustains oil exports, and poses environmental and security risks amid geopolitical tensions.
Putin: Iran Attacks on Gulf States 'Difficult' for Russia
Russian President Vladimir Putin acknowledged the challenging diplomatic position Moscow faces as Iran continues strikes on Gulf states, balancing ties with Tehran and Arab nations.
India-US Trade Pact First Phase Nears July Signing
India and the US are close to finalizing the first phase of a bilateral trade agreement by mid-July, aiming to boost market access and economic cooperation amid tariff concerns.
Bracing for Fresh Tariff Headwinds: India Must Negotiate with Caution
Washington's shifting tariff stance demands that India approach trade negotiations with heightened caution to protect its economic interests.
India, US aim for interim trade deal by mid-July: Goyal
Commerce minister Piyush Goyal announced that India and the US are finalizing an interim trade agreement, expected to be executed by mid-July, with a US team likely visiting in late June.
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US-Iran Conflict Hits Rice Exports from Karnal
The US-Iran conflict has severely impacted rice exports from Karnal, India's Rice Bowl, with 60,000-70,000 tonnes stranded at ports, disrupting shipments to Iran and Middle East.
Trump Tariffs Not a Solution to Global Forced Labor
Despite Trump's latest tariff measures, forced labor remains a global issue with 27.6 million victims, up 2.7 million since 2016, according to ILO.
US Optimistic on India Trade Talks, Deal a Priority
The US State Department expressed optimism about progress in trade talks with India, calling a bilateral deal a top priority and highlighting the role of US Ambassador Sergio Gor.
Oil Prices Dip as Hezbollah Rejects Ceasefire Deal
Oil prices fell slightly on Friday after Hezbollah rejected a US-backed ceasefire proposal in Lebanon, adding uncertainty to Middle East tensions. Brent crude slipped 0.22% to $95.24, while WTI fell 0.11% to $92.94.
Putin: Russia Wants End to Middle East Conflict, Dismisses Gains
Russian President Vladimir Putin stated Russia seeks a swift end to the Middle East conflict, rejecting claims of benefiting from energy price hikes. He also praised ties with India.
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India, US discuss trade deal beyond goods: non-tariff measures
India and the US have discussed issues beyond trade in goods, including non-tariff measures, customs, trade facilitation, and economic security alignment, as negotiations for a bilateral trade agreement advance.
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