Working on Eid ul Fitr 2026 in the UAE? Know Your Legal Rights and Compensation In The Emirates As Eid ul Fitr approaches and millions across the UAE prepare for celebrations, a pressing question is trending among workers: Can your employer ask you to work on a public holiday and if yes, what are your … Read more
NEW DELHI: Amid the global rush to secure energy supplies, Indian agencies have seen the cost of natural gas (LNG) nearly double from around $10-12 a unit before the West Asian conflict to $19-20 per metric million Btu (MMBtu) when they made purchases in the spot market this week.The spike comes in the wake of … Read more
Eid ul Fitr 2026 gold rush begins as prices drop in the UAE markets After weeks of soaring prices that kept many buyers on the sidelines, gold has finally taken a sharp turn in the UAE, dropping over Dh50 from its March peak and triggering a surge in last-minute Eid shopping across Dubai’s jewellery markets. … Read more
File photo (Picture credit: AP) Six major powers, Britain, France, Germany, Italy, the Netherlands and Japan, said on Thursday they are ready to support efforts to ensure safe passage through the Strait of Hormuz, as the conflict in the Gulf continues to disrupt one of the world’s most critical energy chokepoints.In a joint statement, the … Read more
If the US were to ‘unsanction’ Iran oil at sea, India would be able to step up procurement. (AI image) Will India get access to Iran crude oil soon? The Donald Trump administration has signalled the possibility of waiving sanctions on floating Iran crude oil to ease the ongoing shock in the global energy markets. … Read more
India is a big importer of LPG and LNG and relies heavily on supplies from Middle Eastern countries such as Qatar. (AI image) Middle East conflict impact: What happens when the world’s argest liquefied natural gas (LNG) hub suffers extensive damage? Qatar’s key gas hub, Ras Laffan, has sustained extensive damage after multiple strikes from … Read more
The Centre on Thursday launched the RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme with an outlay of Rs 497 crore to support Indian exporters facing disruptions due to the ongoing conflict in the Middle East, as the government moved to cushion the impact of rising freight costs, insurance premiums and shipping delays.The scheme … Read more
Benchmark equity indices Sensex and Nifty suffered a sharp sell-off on Thursday, with both plunging more than 3 per cent as surging crude oil prices, weak global cues and escalating attacks on energy infrastructure in West Asia triggered a broad-based market rout. The fall was especially severe in financials, autos and industrials, while ONGC stood … Read more
The Centre has classified key energy data as a matter of national security and directed all entities across India’s oil and gas value chain to submit detailed operational information, as the government moves to tighten oversight of supplies disrupted by the ongoing Middle East war.The oil ministry has issued the Petroleum and Natural Gas (Furnishing … Read more
Gold prices witnessed a sharp fall in futures trade on Thursday, tracking weak global cues and a stronger US dollar. According to PTI, gold contracts for April delivery on the Multi Commodity Exchange dropped by Rs 3,616, or 2.36 per cent, to Rs 1,49,409 per 10 grams in a turnover of 7,387 lots.Analysts said the … Read more