Despite challenges stemming from sluggish overseas markets, India's resilient GDP growth, projected at 6.5 per cent in the financial year ending March 2025 (FY25), positions the nation among the world's fastest-growing sovereigns.
The UAE hosts over 2,000 food and beverage manufacturing companies, generating US$7.63 billion (AED28 billion) in annual revenue, constituting 25 per cent of the country's manufacturing GDP, and ranks second only to the oil and gas industry.
The find, by Nathaniel Melchior and Alon Segev, part of the 404th Battalion within the 282nd Fire Brigade, sparked a chain of events that led to the 1,500 year-old candle's safe handover to the Antiquities Authority.
The International Energy Agency's (IEA) Oil Market Report (OMR) stands as a beacon of insight into this labyrinthine landscape, offering authoritative data and timely analysis.
Following a drone attack on two vessels in the Red Sea by the Iran-backed Houthi militants, which included MV SAIBABA, a crude oil tanker; the Indian Navy on Sunday said all 25 Indian crew members on board are safe, clarifying that it wasn't an India-flagged vessel, as claimed by the US e
The price of Kuwaiti crude oil went up by 33 cents to USD 81.98 per barrel on Friday, compared with USD 81.65 pb on Thursday, said Kuwait Petroleum Corporation (KPC) on Saturday.
In the aftermath of floods due to Cyclone Michaung early this month, the oil spillage happened from the premises of Chennai Petroleum Corporation Limited (CPCL) into the Buckingham Canal, reaching Ennore Creek.
According to a press release by the Ministry of Commerce and Industry, the data from April to November 2023 reveals remarkable progress in various agricultural products, with Oil Meals and Fruits and vegetables leading the way with growth rates of 34.33 per cent and 15.10 per cent, respectiv
The central government has extended the reduced import duty regime for some of the key edible oils by a year as it makes interventions to keep food inflation in check.
Cyclone Michaung brought 36 hours of incessant rain starting on December 3, 2023, causing severe flooding in Chennai. Due to unprecedented flooding, the water level in the Buckingham canal increased, causing reverse flow. This appears to have carried some oil from the Chennai Petroleum Cor