New Delhi, July 13: India is unlikely to face any immediate concerns over energy supply despite rising geopolitical tensions in key global regions, with the country maintaining a stable energy outlook through diversified sourcing and strategic planning. The government and industry stakeholders continue to closely monitor international developments that could impact global energy markets. However, existing supply arrangements, adequate reserves, and multiple import channels are…
Global Crude Oil Prices Rally Over 4 pc as Escalating U.S.-Iran Tensions Fuel Supply Risk Concerns
July 13: Global crude oil prices climbed more than 4% in the latest trading session as heightened geopolitical tensions between the United States and Iran raised concerns over the security of global energy supplies. The sharp increase reflects growing uncertainty in international energy markets, with investors closely monitoring developments that could disrupt oil production, exports, or key shipping routes. The recent escalation has intensified fears…
Gold, Silver Fall Up to 2 pc on Rising Dollar and Renewed Fed Rate Hike Expectations
July 13: Gold and silver prices witnessed a notable decline of up to 2% during the latest trading session as a stronger U.S. dollar and renewed concerns over potential interest rate hikes by the U.S. Federal Reserve weighed on investor sentiment. The strengthening of the U.S. dollar reduced the appeal of precious metals by making gold and silver more expensive for holders of other currencies.…
Markets Open Lower as Brent Crude Nears Dollar 80 Amid Escalating West Asia Crisis
July 13: Global financial markets opened lower today as investors responded to escalating geopolitical tensions in West Asia, driving Brent crude oil prices closer to the $80 per barrel mark and increasing concerns about the outlook for global economic stability. The renewed uncertainty has prompted a cautious approach across equity markets, with investors reducing exposure to risk-sensitive assets amid fears that the evolving situation could…
60th Garment Buyers & Sellers Meet and B2B Expo by West Bengal Garment Manufacturers & Dealers Association held at Science City, Kolkata.
Kolkata, July 13: The West Bengal garment industry comes alive with the 60th Garment Meet and B2B Expo being held over three days from 12th to 14th July, 2026, at Science City, Kolkata, spread within 2 lac sqft. area. This event, organized by the West Bengal Garment Manufacturers and Dealers Association (WBGMDA), which has been a pivotal part of the industry for 61 years, is…
Samos Energy Acquisition Corporation Announces Pricing of Initial Public Offering
Business Wire India Samos Energy Acquisition Corporation (the “Company”) announced today the pricing of its initial public offering (“IPO”) of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “SAMO.U” beginning on July 10, 2026. Each unit consists of one Class A ordinary share and one-half…
100+ Young Lives Saved: Sri Sathya Sai Sanjeevani Hospital and Rotary Club of Delhi South Celebrate Milestone Pediatric Cardiac Partnership
Business Wire India Sri Sathya Sai Sanjeevani Hospital (SSSH), Palwal, today celebrated a major milestone in pediatric healthcare partnership: the successful completion of over 100 free, life-saving heart surgeries for children suffering from Congenital Heart Defects (CHD), made possible through its strategic partnership with the Rotary Club of Delhi South (RCDS). The achievement was celebrated at the SSSH Palwal campus in the presence of SSSH Founding…
Debt Syndication: Bridging India’s MSME Credit Gap
-Mr. Narinder Wadhwa, MD & CEO, SKI Capital Services Ltd. With India’s growth increasingly driven by its MSME and mid-corporate ecosystem, access to timely and structured capital has become a critical enabler of scale. With both private and public equity markets becoming more selective and valuation-sensitive, mobilising capital through debt markets is emerging as a highly relevant and practical funding option for growing businesses. Over…
India Sees Strong Bank Deposit Growth, Reflecting Positive Economic Sentiment
Mumbai, July 11: Rising bank deposits in India indicate stronger capital flows, improved savings, and growing confidence in the country’s economic outlook. The increase in deposits is expected to strengthen banking sector liquidity and support credit growth during the first quarter. Experts believe the trend reflects positive sentiment among households and businesses. Higher deposit mobilisation will provide banks with greater capacity to support lending and…
Piyush Goyal Calls for Stronger Productivity Ecosystem
New Delhi, July 11: Union Minister for Commerce and Industry Piyush Goyal chaired a meeting of the National Productivity Council (NPC) to review initiatives aimed at strengthening India’s productivity ecosystem and enhancing the country’s global competitiveness. Pic Credit: https://x.com/PiyushGoyal During the meeting, the Minister emphasized the need to foster a culture of productivity, innovation, and efficiency across industries, services, and government institutions. He called for…