Crude prices climb over 4% as renewed Middle East tensions, inventory draw fuel supply fears

Oil prices rebounded sharply on Wednesday, reversing part of the previous session’s steep decline, as renewed tensions in the Middle East reignited concerns over global crude supplies. Lower US crude inventories and expectations around OPEC+ production policy also lent support to the market.Brent crude climbed 4.41% to $87.80 a barrel, gaining $3.71, while US West…

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Msme Development Act: For ease of liquidity & business, government to amend MSME Act

The Union Cabinet has approved amendments to the MSME Development Act to improve liquidity, strengthen the Udyam portal, decriminalise minor offences, and speed up payment resolution for small businesses. (Representative image) NEW DELHI: Small businesses supplying goods and services to central public sector undertakings (CPSUs) will get their dues cleared faster under proposed amendments to…

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US stock market today: S&P 500, Dow Jones trade flat; Nasdaq drops over 1% as chips stocks drop

Lofty expectations have placed particular pressure on semiconductor companies and other firms that have been among the biggest beneficiaries of the artificial intelligence boom. US stock market today: Most Wall Street indices traded higher on Tuesday, although semiconductor stocks continued to face heavy selling across global markets. Oil prices also extended their decline after retreating…

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Big manufacturing push: How India is aiming to future proof its supply chains from global conflicts

The move comes at a time when the US-Iran conflict has impacted several industries and thrown fresh light on India’s imports-driven supply chain vulnerabilities. Building a deep manufacturing base spread across multiple sectors is emerging as a cornerstone of India’s strategy to future proof itself against supply chain disruptions caused by geopolitical disruptions. Reports suggest…

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India’s ‘looksmaxxing’ economy: More science, more spending, fewer taboos

What’s in your latest beauty haul?A PDRN shot? A retinol night cream? Niacinamide foundation tint? Maybe a sunscreen that’s SPF 50 PA++++ because Instagram told you anything less is a crime against your skin.Not too long ago, beauty looked very different. A “12-step skincare routine” would’ve probably lasted… 12 days. A cold cream, talcum powder,…

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