Hormuz supply shock: India diversifies oil basket as Middle East conflict drags on

As the Middle East conflict continues to escalate, India is rerouting its crude supply chains to secure uninterrupted fuel imports. Indian refiners are securing additional crude oil from the United States, Russia, and West Africa to maintain adequate supplies if the Middle East conflict stretches on for long, industry officials and analysts said. Refineries that…

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Lpg Shortage Impact Railway Meals: ‘Use microwave, induction’: IRCTC tells vendors to switch cooking methods as Iran war disrupts LNG flow

Representative image NEW DELHI: Indian Railways has asked all its licensees to adopt alternate cooking methods such as microwave ovens and electric induction systems at railway food centres, following a reported cut in liquefied natural gas (LNG) supplies linked to the ongoing West Asia conflict.The directive applies to food plazas, refreshment rooms and Jan Aahar…

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Stock market today (March 24, 2026): Nifty50 opens above 22,800; BSE Sensex rises over 1,100 points as US-Iran war tensions ease

Stock market today (AI image) Stock market today: Indian equity benchmarks Nifty50 and BSE Sensex rallied in opening trade on Tuesday after a day of massive selloff. Hopes of an early halt to the US-Iran war led to the stock market rebounding. While Nifty50 went above 22,800, BSE Sensex was up over 1,100 points. At…

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RBI expected to maintain prolonged rate pause, supported by low inflation, stable growth outlook: Report

The likelihood of a monetary policy rate hike remains low due to subdued core inflation, according to a report by ICICI Bank Global Markets. The Reserve Bank of India is expected to maintain a prolonged pause in its rate cycle into FY2026–27, with greater emphasis on injecting durable liquidity to ensure effective monetary policy transmission,…

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