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Fertilisers: ‘It takes time to restart plants’: Hormuz reopening may not ease fertiliser woes anytime soon, say industry executives

Fertiliser availability and prices may take another three to four months to return to normal despite a tentative US-Iran peace agreement and the expected reopening of the Strait of Hormuz, industry executives said.While the agreement is expected to ease pressure on global energy and shipping markets, executives said disruptions caused by the conflict in West...
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US stock market today: Wall Street holds steady ahead of Fed rate decision, oil stays below $80 on Iran deal hopes

US stocks traded in a narrow range on Wednesday as investors awaited the Federal Reserve’s policy decision, while easing oil prices and optimism over a potential US-Iran peace agreement helped support sentiment.The S&P 500 edged up 0.1% in early trade, while the Dow Jones Industrial Average was largely unchanged. The Nasdaq Composite rose 0.5%, aided...
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Trade deal with UK set to kick in from July 15

NEW DELHI: The India-UK free trade agreement (FTA) and the social security deal are set to be operationalised from July 15 after talks between PM Narendra Modi and his counterpart Keir Starmer in Evian on Wednesday.“We have got an even solution that balances the interests of our stakeholders on the issue of steel,” a senior...
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Canada’s CPP to invest Rs 7k cr in Hyderabad-based CtrlS

HYDERABAD: Canada Pension Plan Investment Board (CPP Investments) has committed an investment of up to ₹7,000 crore (C$1 billion) in Hyderabad-based CtrlS Datacenters Ltd as demand for cloud, hyperscale and artificial intelligence-ready datacentre capacity accelerates in India’s digital infrastructure sector.As part of this, CPP Investments already picked up an 8.2% stake in CtrlS for 4,000...
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