freight rates

Rising Expenses Threaten Fresh Wave Of Price Rise In Daily Essentials

Mitsui OSK Lines anticipates further container rate increases due to a gap between rising bunker oil costs and freight rates, particularly in Asia. While a prolonged conflict could impact demand, the company remains bullish on India's growth, expanding its fleet for energy and vehicle transport.

Industry Flags Cost Pressure; Household Budgets To Tighten Further

Oppose Higher Fuel Costs and Environmental Charges; No Impact On City Traffic Flow

Economists say that if the situation does not improve in the coming days, then more hikes may be in the offing. However, the approach of gradual hikes in petrol and diesel prices is to avoid an immediate inflation shock to the economy.

AIMTC cautions against ‘disruption’ of livelihoods and nationwide supply chains

Monsoon To Slow Down Biomining; Oct 2026 New Target

Fuel prices have risen by Rs 3 per litre for petrol, diesel, and CNG. This hike follows a surge in global crude oil prices driven by Middle East tensions. After nearly four years of stable rates, oil companies faced significant daily losses. Consumers will now see increased costs for everyday transport and household fuel.

Confusion And Shock At Pumps As Many Commuters, Cabbies, Auto Drivers Unaware Of Rise

JP Morgan downgraded Tata Steel to neutral citing regulatory cost headwinds in the Netherlands and project delays. Investec maintained a buy on SAIL, impressed by strong Q4FY26 operational performance and positive volume growth outlook. Macquarie retained an underperform rating on Voda Idea, noting a subscriber decline and significant government dues.

Iceland, once a mosquito-free haven, has officially welcomed its first mosquitoes, Culiseta annulata. Scientists confirmed the discovery after a citizen science find, attributing the arrival to a warming Arctic and increased shipping. While a nuisance, these mosquitoes don't carry dangerous tropical diseases, but their presence marks a significant ecological shift.

A distant Middle East conflict is now impacting Indian households, driving up costs for everyday essentials like LPG, cooking oil, and dry fruits. Furniture, electronics, and even paint are becoming pricier due to rising petrochemical and shipping expenses. Air travel and fuel prices are also climbing, with potential for further hikes as oil companies face significant losses.

Prime Minister Narendra Modi urged Indians to reconsider overseas travel and embrace domestic tourism due to rising global crude oil prices and geopolitical uncertainties. He emphasized that conserving foreign exchange reserves and supporting local businesses is a patriotic duty during challenging economic times, encouraging reduced use of imported products and increased reliance on public transport and EVs.

India's beloved chai faces unprecedented challenges. Climate stress, rising costs, and global conflicts are impacting tea production and exports, making your daily cup more expensive. Despite these pressures, the nation's deep emotional connection to tea, a symbol of hospitality and connection, ensures its enduring cultural significance.

Commuters' woes over train delays in Chakradharpur division are easing, with punctuality rates now between 65-75% and delays reduced to 15-20 minutes. Railway officials are actively monitoring operations and implementing infrastructure upgrades, including new lines between Tatanagar-Adityapur and Asanboni-Bagbera, to ensure smoother passenger train movement.

Global oil prices are beyond India’s control but a tangle of govt interventions that have left Indian aviation structurally fragile. These demand correction.

The Indian rupee is facing significant pressure, weakening against the US dollar due to soaring crude oil prices driven by Middle East geopolitical tensions and persistent foreign fund outflows. Despite India's robust economic growth, the currency's slide continues as the Reserve Bank of India intervenes to curb volatility rather than target a specific exchange rate.