Data from Vortexa Ltd. indicates that at least seven vessels transporting Russian crude have altered their routes mid-journey, changing course from China to India. At present, all major Indian refiners are actively sourcing Russian oil.
Assam MP Pradyut Bordoloi has switched from Congress to BJP, a day after leaving his former party. Chief Minister Himanta Biswa Sarma welcomed him, suggesting Bordoloi will contest assembly elections. Bordoloi cited internal party issues and feeling insulted. This move precedes the upcoming Assam Assembly elections, with the BJP seeking a third term.
Caitlin Clark and Angel Reese drew attention during Team USA’s win over Spain when Reese helped Clark up after a fall, highlighting teamwork. Reese led in rebounds, while Clark dominated with 58 points and 32 assists in the qualifiers. Team USA finished 5-0, with Clark’s playmaking and Reese’s presence key to their strong run.
Homebuyers face a crucial dilemma balancing house price against location. Prime locations offer convenience and appreciation but come with high costs, while underdeveloped areas provide discounts but may lack immediate amenities. Emerging locations present a budget-friendly alternative with potential for future growth, requiring careful consideration of lifestyle and long-term needs for a sound investment.
Among individual stocks, Coforge and Persistent Systems surged more than 4% each. TCS, the country’s largest software exporter, advanced around 3%, while LTIMindtree also posted gains of over 3%.
Escalating Middle East tensions are impacting Indian households and businesses reliant on LPG imports. To counter supply disruptions, the government is urging a swift shift to Piped Natural Gas (PNG), fast-tracking approvals and waiving charges for pipeline infrastructure. This initiative aims to ease the strain on LPG supplies, with hospitality and industrial sectors already facing significant challenges.
The ongoing US-Iran war has meant that shipments from the Middle East and in particular the Strait of Hormuz have been held up. India imports a major chunk of its LPG needs, and a substantial percentage of that comes from the Middle East.
Indian Grandmaster Koneru Humpy expressed safety concerns regarding the upcoming Candidates Tournament in Cyprus due to the West Asia conflict, leaving her participation undecided. While Humpy cited a drone attack as a reason for her hesitation, FIDE downplayed the risks, assuring that preparations are ongoing and the region remains stable.
A gang of at least 10 men harassed a Class X girl returning from an exam in Tiruttani, then ransacked her home and damaged vehicles. Following the incident, over 100 villagers held a road blockade demanding arrests. Police have arrested five youths and are searching for the remaining five.
