Trump rules out a US diesel export ban
- Trump said the US would not ban diesel exports
- European nations will expand fuel availability within the market
- Lower risk of export curbs supports fuel availability for Indian refiners and fuel buyers
China opens anti-dumping probe into EU chemical imports ahead of trade talks
- China launched an anti-dumping probe into EU imports of p-nitrotoluene
- Beijing rejected claims that state support drives Chinese manufacturers’ competitiveness and threatened countermeasures against EU moves
- Trade diversion or tariff shifts could affect Indian specialty-chemical producers
)
5 Indians rescued after Kuwait-flagged tanker hit by projectile in Hormuz
- Five Indian nationals were rescued from tanker MT Kazimah III after it was struck by a projectile
- The Indian Embassy in Oman coordinated the rescue
- Hormuz shipping risks matter to Indian oil importers and shipping companies
Nasdaq hits record as weak US jobs data cools rate-hike bets
- Nasdaq Composite hit a record high after disappointing US jobs data
- Lower Treasury yields and oil prices accompanied the rise; Nike shares fell on its forecast
●
140 Indians discharged from Russian army: Govt seeks Moscow update on 55, 'balanced' trade push
- Around 140 Indians have been discharged from the Russian army
- India sought an update from Moscow on 55 Indians
)
Trump declines to reveal next move on Iran, says conflict 'won't be long'
- Trump predicted oil prices would fall once the Iran conflict ends, but gave no details of his next move
- Lower crude prices would help Indian fuel importers but pressure upstream producers such as Oil India
What’s driving the global bond sell-off?
- The most-cited factors behind the global bond sell-off present a mixed picture
- Global bond yields can affect Indian borrowing costs and rate-sensitive stocks
●
US Debt Path Leaves It 'Increasingly Exposed': Report
- Scope Ratings warned that large US deficits and rising debt leave the country increasingly exposed to fickle investors
●
Vast majority of G20 countries reject US stance on excess industrial capacity, forced labour
- Only Mexico and Argentina joined the US statement on forced labour in supply chains
- The vast majority of G20 countries rejected the US stance on excess industrial capacity and forced labour
●
Piyush Goyal highlights G20 efforts to tackle predatory pricing and overproduction challenges
- G20 ministers discussed curbing the effects of government-backed excess manufacturing capacity
- Global action on excess capacity could affect Indian manufacturers facing predatory pricing