Did Banks Start Leaving Dubai? Standard Chartered Issues Urgent Statement Amid Iran vs US-Israel War The intensifying geopolitical conflict between Iran, the United States and Israel is beginning to ripple through global financial markets, prompting international banks to reassess operations in the Gulf. At the center of the latest developments is Standard Chartered, which has…

India’s imports of urea from China have climbed to their highest level in three years during the current fiscal, even as fertiliser shipments from Russia have also increased sharply, according to government data tabled in Parliament on Friday.In a written reply to the Lok Sabha, Minister of State for Fertilisers Anupriya Patel said India imported…

India’s foreign exchange reserves declined sharply in the week ended March 6, reversing the previous week’s surge that had taken the country’s forex stockpile to a record high.Data released by the Reserve Bank of India on Friday showed the reserves dropped by $11.683 billion to $716.810 billion, reported PTI. In the preceding reporting week, the…

Iran has reportedly allowed two LPG tankers to pass through the Strait of Hormuz to sail to India, while concerns rise on supply diruptions in the country amid ongoing conflict in the Middle East.Additionally, a crude oil tanker carrying Saudi Arabian cargo is set to reach India on Saturday after passing through the Strait around…

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