Hong Kong Petrol Prices: Tank full, wallet empty? Hong Kong’s petrol prices worst hit amid Iran war

[ad_1] The Middle East war has pushed energy prices higher, affecting lives across the globe. As the crisis has crossed one month, oil prices have stayed beyond the $100 per barrel mark and ripples are visible across the globe. While some countries are encouraging measures to move beyond fuels, others are forced to raise prices,…

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India makes first oil purchase from Iran in 7 years with no payment hurdle

[ad_1] Representative image (AI-generated) Amid the ongoing Middle East crisis that has disrupted the global oil supply chain, Indian refiners have made their first purchase in seven years since 2019, according to Reuters.India had not received any cargo from Tehran since the US pressured it to halt crude imports, according to the petroleum ministry. This…

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Middle East War: Hormuz supply crunch: Rising energy prices impact roads, airlines and restaurants

[ad_1] As the Middle East war has stretched beyond a month, energy prices have soared sharply, sending ripples across the globe. Iran’s chokehold of Strait of Hormuz has pushed fuel costs higher, hitting energy supplies for major economies. The impact is visible in multiple sectors in India, with higher costs of fuel and petrochemical products…

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Contract workers face job loss risks on fuel, input supply woes

[ad_1] NEW DELHI: Fuel and raw material supply constraints, which have forced shutdowns in certain segments of manufacturing, especially small businesses, may hurt contractual and gig workers.Some signs of strain are visible in certain sectors, including steel, automotive, textiles, pharma, medical devices as fuel supply, input cost and availability (shortage) bite into operations, industry representatives…

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Jobs in informal manufacturing sector below 2015-16 levels: Survey

[ad_1] NEW DELHI: India’s vast informal manufacturing sector has seen jobs stay flat for nearly a decade, while the formal manufacturing sector has seen an increase, marking a sharp divergence in the growth trajectory of the two segments.An analysis of the latest unincorporated enterprises survey released last month showed that 3.5 crore people were employed…

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India Pharmaceutical Exports: India’s pharma exports rise 5.6% to $28.29 billion till Feb in FY26; sector seen doubling to $130 billion by 2030

[ad_1] India’s pharmaceutical exports remained on a growth track in the last financial year despite global headwinds, crossing $28 billion during April–February FY26, while industry leaders said the sector is on course to nearly double in size to $130 billion by 2030.Speaking at the inaugural session of the ‘Chintan Shivir: Scaling Up Pharma Exports’ on…

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Middle East conflict may hit India’s exports beyond region if prolonged, says government

[ad_1] A prolonged conflict in Middle East could begin to hurt India’s exports not just to the region but also to other global markets, as disrupted supply chains ripple outward, commerce secretary Rajesh Agrawal said on Saturday, He also urged the pharmaceutical industry to reduce dependence on imported raw materials and build more resilient export…

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