Finance -

Hormuz flashpoint: Why Indian-flagged ships are in focus as Middle East tensions hit global shipping

TazaPulseApril 18, 2026

As tensions rise in Middle East and vessel safety in the Strait of Hormuz comes under renewed focus, the flag a ship flies has emerged as a key factor in maritime security, regulation and state protection.Flagging a vessel means it is registered with a country and must comply with that nation’s maritime laws and regulations....

Cabinet clears Rs 24,815 crore rail projects; UP, Andhra Pradesh to get 601 km network expansion

TazaPulseApril 18, 2026

The Cabinet Committee on Economic Affairs has approved two multi-tracking railway projects worth Rs 24,815 crore covering Uttar Pradesh and Andhra Pradesh, aimed at easing congestion and boosting freight and passenger movement, a government release said.The two projects–Ghaziabad-Sitapur 3rd and 4th line, and Rajahmundry (Nidadavolu)-Visakhapatnam (Duvvada) 3rd and 4th line–are targeted for completion by 2030-31....

ACs, TVs, smartphones to get more expensive? Here’s why consumer electronics may cost more again this month

TazaPulseApril 18, 2026

Prices of consumer electronics such as air conditioners, refrigerators, washing machines, televisions and smartphones are set to rise again by the end of April, marking the third round of increases in four months amid sustained cost pressures on key inputs.Industry executives, cited by ET, said elevated prices of crude-linked derivatives like plastics, along with a...

DA hike: Govt approves 2% dearness allowance raise for central government employees

TazaPulseApril 18, 2026

The Cabinet on Saturday approved a 2 per cent increase in Dearness Allowance (DA) for Central government employees, as per sources.The DA for the central government employees was last revised in October, when it was increased from 55 per cent to 58 per cent. The hike was made effective from July 1, 2025, and was...

Iran rejects ‘traditional toll’ but plans fees to secure Strait of Hormuz – what it means

TazaPulseApril 18, 2026

Iran is planning to tighten its grip over the Strait of Hormuz with new transit fees to regulate ship movement through the route. However, the country has ruled out charging any “traditional fees” on ships passing through it.Ebrahim Rezaei, spokesman for Iran’s National Security Committee told Al Jazeera that a law is being drafted to...

Oil companies, exporters, importers cheer Hormuz Strait opening

TazaPulseApril 18, 2026

NEW DELHI: Indian oil companies, fertiliser importers and exporters are cheering the opening of the Strait of Hormuz for global commercial vessels.There are 41 India-bound ships, both Indian and foreign-flagged, loaded with cargo, including crude, LPG, LNG and fertiliser, that are waiting to cross the narrow channel, where Iran has blocked normal movement since Feb...

Russian oil sanctions: US extends waiver for cargoes already at sea

TazaPulseApril 18, 2026

The US administration has decided to extend a narrow window for global buyers to purchase Russian oil shipments already at sea, despite earlier indications that such relief would not continue.Late Friday, the US Treasury Department published a new licence granting a roughly month-long waiver, which allows nations to buy Russian oil and petroleum products loaded...

Global markets rally as Iran opens shipping channel

TazaPulseApril 18, 2026

MUMBAI: The opening of the Strait of Hormuz, one of the most important shipping channels in the world for the flow of crude oil and natural gas, led to a global rally in stocks on Friday evening. This also overshadowed the muted trading witnessed during the early part of the day in all of Asia...

Indian refiners purchase Iranian oil, pay in yuan

TazaPulseApril 18, 2026

New Delhi: Using the one-month window provided by a temporary US sanctions waiver, Indian refiners purchased Iranian oil and settled payments in Chinese yuan, people aware of the development said on Friday. Iran insists on payment in Chinese yuan for oil to bypass US-led financial sanctions that restrict its access to the dollar-dominated global banking...

Rupee regains 92 levels, closes 27 paise higher

TazaPulseApril 18, 2026

Mumbai: The rupee regained 92 levels and closed at 92.93, 27 paise stronger then its previous close. The gains followed reports that the RBI has asked oil companies to not purchase dollars from the open market but to rely on a line of credit provided through SBI.Such a move would remove one of the major...

Sensex falls 281 points to settle at 77,728; Nifty drops 78 points to 24,288

Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea

Russia targets Danube port after major attack on Moscow

Imran Masood: ‘Will rise for it, won’t sing it’: Congress MP Imran Masood explains stand on Vande Mataram | India News

Insolvency, bankruptcy board aims to check misuse of law

Stampede-like situation at Ujjain temple leaves devotees injured

Finance

Hormuz flashpoint: Why Indian-flagged ships are in focus as Middle East tensions hit global shipping

Cabinet clears Rs 24,815 crore rail projects; UP, Andhra Pradesh to get 601 km network expansion

ACs, TVs, smartphones to get more expensive? Here’s why consumer electronics may cost more again this month

DA hike: Govt approves 2% dearness allowance raise for central government employees

Iran rejects ‘traditional toll’ but plans fees to secure Strait of Hormuz – what it means

Oil companies, exporters, importers cheer Hormuz Strait opening

Russian oil sanctions: US extends waiver for cargoes already at sea

Global markets rally as Iran opens shipping channel

Indian refiners purchase Iranian oil, pay in yuan

Rupee regains 92 levels, closes 27 paise higher

Latest News

Sensex falls 281 points to settle at 77,728; Nifty drops 78 points to 24,288

Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea

Russia targets Danube port after major attack on Moscow

Imran Masood: ‘Will rise for it, won’t sing it’: Congress MP Imran Masood explains stand on Vande Mataram | India News

Insolvency, bankruptcy board aims to check misuse of law

Stampede-like situation at Ujjain temple leaves devotees injured

Russia targets Danube port after major attack on Moscow

Imran Masood: ‘Will rise for it, won’t sing it’: Congress MP Imran Masood explains stand on Vande Mataram | India News

Insolvency, bankruptcy board aims to check misuse of law

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Sensex falls 281 points to settle at 77,728; Nifty drops 78 points to 24,288

Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea

Russia targets Danube port after major attack on Moscow

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