SUPPLY RESPONSES
Oil settles lower on worries Hurricane Beryl could hit US demand Oil prices declined as Hurricane Beryl impacted U.S. refinaries, lowering Brent futures to $85.75. Gaza ceasefire hopes eased supply concerns. Texas faced significant damage; Kazakhstan to compensate for OPEC+ excess. China’s imports fell, India’s f...
09 Jul, 2024, 07.34 AM ISTMumbai's rain woes turn into meme fest on social media: Check out some of these hilarious posts Mumbai experienced a deluge early this morning, with over 300 mm of rainfall in certain areas. The downpour caused significant train and flight disruptions, waterlogging, and school closures. Authorities issued an orange alert, with more rain expect...
08 Jul, 2024, 12.03 PM ISTReady for a round of sustained re-rating? 7 logistic stocks with an upside potential of upto 48 % Recently, JSW Infra announced its acquisition of Navkar Corp. On the face of it there is nothing special about it as merger and acquisition is a very normal activity which keeps happening. But the fact that it happened in sectors like logistics, whe...
07 Jul, 2024, 04.19 PM IST- ADVERTISEMENT
Spike in maritime shipping rates is no pandemic flashback This round of supply-chain difficulties originates with the threat from Yemen’s Houthis, which is keeping container ships from using their normal route from Asia to Europe through the Suez Canal.
06 Jul, 2024, 11.07 AM ISTIsrael sends delegation to negotiate hostage release deal with Hamas Israeli Prime Minister Netanyahu informed U.S. President Biden about resuming talks with Hamas for a hostage release deal, led by Mossad. Mediated by Egypt and Qatar, the talks stalled but resumed after Hamas showed flexibility. Netanyahu insists on...
04 Jul, 2024, 11.39 PM ISTIndia is likely undercounting heat deaths, affecting its response to increasingly harsh heat waves India's worst heat wave in over a decade, with temperatures exceeding 50°C, left hundreds dead, but the true toll is vastly underreported. Public health experts warn that miscounting heat-related deaths hampers effective future preparations. Improve...
04 Jul, 2024, 11.52 AM ISTRenault's EV unit Ampere teams up with LGES, CATL on battery technology The company also pledged to work towards the development of so-called cell-to-pack battery solutions aimed at boosting the range of its EVs, together with South Korea's LGES. In a separate statement, LGES said early on Tuesday it had signed a deal t...
02 Jul, 2024, 02.44 PM ISTIndia's weekly vegetable spending up in the past few weeks, says survey Rising vegetable prices due to various factors like the heatwave and monsoon challenges have led to increased consumer spending. Authorities are urged to step in to address the situation and stabilize prices for households across the country.
27 Jun, 2024, 06.55 PM ISTIndia may be supplying arms to Israel as 'return favor' for Kargil, claims Former Israeli Ambassador Former Israeli Ambassador Daniel Carmon has indicated that India might be providing arms to Israel for its Gaza conflict, as a gesture of gratitude for Israel's support during the 1999 Kargil War. Reports claim India supplied drones and munitions to...
25 Jun, 2024, 01.30 PM ISTDelhi water crisis: ADM, SDM level officers to be deployed in each Zone to monitor situation Delhi government deployed officers at various levels to form Quick Response Teams for water provision and complaint resolution amid water shortage in the region. Water minister Atishi directed regular inspections of the water distribution network to...
12 Jun, 2024, 10.42 AM ISTMove on from fafda, paratha and cater to international quality: Food Processing Secy tells industry Anita Praveen, Secretary, Ministry of Food Processing Industries, says the time has come to start manufacturing products that appeal to everyone's taste globally.
06 Jun, 2024, 10.08 AM ISTPolitical noise is temporary in the end it's about GDP growth; 6 logistics companies with upside potential of up to 39% It will take some more time for the street to get out of the political noise and analysis and stocks may witness some more correction. But these are all short term issues, in the end markets are keen about two things, overall economic growth and ear...
05 Jun, 2024, 04.31 PM ISTBe a contrarian in such times, if they have strong parent: 5 midcap stocks belonging to large industrial houses with upside potential of up to 49% At a time when the market is digesting an election result which it did not expect. Questions are bound to come to about what should be done with mid-cap stocks. Is there a possibility that we might see more corrections ? The answer is yes. More than...
05 Jun, 2024, 03.52 PM ISTBerlin lets Ukraine use German weapons against targets in Russia after the US also eases its stance Germany and the United States have authorized Ukraine to target some Russian positions on Russian soil with long-range weapons supplied by the West, marking a significant policy shift amid the ongoing conflict. This decision, aimed at defending the ...
31 May, 2024, 06.24 PM ISTRussian missiles kill 4 people in Kharkiv after Biden OKs a Ukrainian response using US weapons Ukrainian officials have previously accused Russia of targeting rescue workers by hitting residential buildings with two consecutive missiles - the first one to draw emergency crews to the scene and the second one to wound or kill them. The tactic i...
31 May, 2024, 02.44 PM ISTFarMart raises Rs 24 crore in debt from ResponsAbility Investments B2B food supply platform FarMart raises Rs 24 crore from Switzerland-based asset manager ResponsAbility Investments for its SaaS software. Previous investors include General Catalyst and Matrix Partners India. The funding aims to reduce food loss an...
29 May, 2024, 07.22 PM ISTIndian Navy initiates preparatory actions in wake of Cyclone 'Remal' The Indian Navy has activated its disaster relief protocols in anticipation of Cyclone Remal, expected to hit the coast between West Bengal and Bangladesh. Two ships with relief supplies are ready for deployment, and naval aviation assets are on sta...
26 May, 2024, 01.23 PM ISTBiocon inks licensing, supply pact with South Korea's Handok for chronic weight management product Biocon signs exclusive licensing agreement with Handok for commercialisation of synthetic Liraglutide in South Korea, expanding portfolio to address weight management needs and tapping into a USD 47 million market opportunity. Biocon said the total ...
24 May, 2024, 10.57 AM ISTMake farmers better informed about risk Then it's expected to trend down sharply because of the high base during last year's scattered and inadequate monsoon. Dependence of retail inflation on the weather is becoming more volatile with the rising frequency of extreme events. Supply respon...
14 May, 2024, 11.03 PM ISTHow a volcanic eruption in Iceland shaped DHL Express’ pandemic response John Pearson, CEO of DHL Express, says when you are a global company, there will be a crisis somewhere, every day. From the pandemic to the situation in the Red Sea, he says the lessons learned from the 2010 volcanic eruption in Iceland have been an...
27 Mar, 2024, 09.52 AM IST