Tag: article
In a noteworthy shift in the complex chessboard of global oil trade, reports indicate that cheaper Venezuelan crude oil may once again find its way to Indian shores starting next month. This potential resurgence comes after a hiatus of three years, driven by Indian refiners pivoting away from Russian...
In a bold move set to reshape the maritime landscape, India is gearing up to establish its very own Protection and Indemnity (P&I) entity—the India Club. This development signals a significant departure from the current norm where shipping firms operating in Indian coasts and waterways rely on global entities...
As the curtains draw on 2023, India's manufacturing sector finds itself on a somber note, with the Purchasing Managers' Index (PMI) recording an 18-month low. The PMI, a critical indicator of economic health, dropped from 56 in November to 54.9 in the final month of the year. While the...
In recent weeks, the Indian transportation sector has found itself in the midst of a storm as truckers across the country take to the streets to protest against proposed stringent punishment for hit-and-run accidents. This unexpected turn of events has not only disrupted the flow of goods and essential...
