Strait of Hormuz technically open, but not operating: National shipowners’ body head | India News

NEW DELHI: The Strait of Hormuz remains technically open, but commercial shipping is far from normal, according to Anil Devli, chief executive of the Mumbai-based Indian National Shipowners’ Association, the nearly century-old body that speaks for much of the country’s shipping industry.With 14 Indian vessels trapped in this chokepoint that funnels half of India’s crude…

Read More

Nigerian proverb of the day: “A person who stares at the gutter for a long time will kill fish” and a lesson in patience, persistence and reward | World News

Nigerian proverb of the day (AI-generated image) Stare at a gutter long enough and you’ll catch fish. It sounds like nonsense at first. Who finds fish in a gutter? But that’s the sly trick of this Nigerian proverb, which uses an unlikely picture to make a very down to earth point. A person who stares…

Read More

How rising crude prices amid Strait of Hormuz closure may spell gains for Indian upstream oil companies

Wars and geopolitical conflicts often have unexpected impacts for economies. Countries are struggling with tight energy supplies and companies in the Gulf are forced to rethink their production volumes. The key question is, what impact will the Middle East conflict have on Indian companies?While most Indian retailers are facing losses amid supply concerns, the Iran…

Read More

Raja Shivaji not derogatory to Chhatrapati Shivaji Maharaj: Bombay HC dismisses plea against film’s title; ‘PIL is motivated’ | Hindi Movie News

Days before its theatrical release, Raja Shivaji has cleared a legal hurdle. The Bombay High Court on Thursday dismissed a public interest litigation (PIL) that sought to stall the film over the omission of the honorific “Chhatrapati” from its title.A Bench of Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad held that the petition did…

Read More