Business

Delhi-Dehradun Expressway inauguration: Prime Minister Narendra Modi is all set to inaugurate the Delhi-Dehradun Expressway, which is also being called the Delhi-Dehradun Expressway Economic Corridor. The new expressway built under National Highways Authority of India is an access-controlled roadway corridor that will substantially reduce the travel time between Delhi and Dehradun. The full expressway will

The Strait of Hormuz is a narrow stretch which is important for global trade flows, and is alone responsible for the transit of a fifth of the world’s oil supply. Asian economies like India and China source a big chunk of their crude oil, LPG, and LNG requirements via this strait.

Indian markets opened with caution. Global markets saw a dip on Monday. This was due to the breakdown of US-Iran peace talks. Geopolitical worries resurfaced. A US military blockade added to the pressure. Oil prices surged above $100. This impacted financial stocks. Energy stocks saw gains. Investors moved towards safer assets.