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Mumbai Local Trains Update: Services On Churchgate-Virar Route Fully Restored
A train runs on a waterlogged railway track amid rain, at Nalasopara.
Oil finds its way: Supertankers return to Persian Gulf
Supertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran conflict. Shipping data indicates a significant increase in commodity vessel traffic, including oil tankers, signalling renewed confidence among shipowners. This return of large carriers, with a combined capacity of millions of barrels, is vital for global energy markets as hostilities ease ahead of peace talks.
30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transit
Thirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. An additional 26 vessels are awaiting passage. Among those that transited, a significant portion carried vital energy supplies like LPG and LNG, alongside bulk cargo and crude oil. This development follows a recent agreement, easing concerns over energy imports for India.
Four Fertiliser Ships Pass Through Hormuz, En Route To Ports In India, Says Chemicals Ministry
Muriate of Potash (MoP) inventory stood at 12.68 lakh tonne, up from 10.68 lakh tonne.
India-bound fertilizer ships cross Hormuz, government says
Four cargo ships laden with vital fertilizers like urea and di-ammonium phosphate have successfully navigated the Strait of Hormuz, en route to Indian ports. This development significantly bolsters the nation's fertilizer reserves, crucial for meeting the upcoming summer crop season's demands. India continues its robust import strategy, supplementing domestic production to ensure ample crop nutrient availability for farmers nationwide.
Indian Railways approves Kavach deployment worth Rs 270 crore on 631 route kms
Indian Railways has approved the installation of Kavach, an indigenous automatic train protection system, on 631 route kilometers of East Coast Railway for Rs 270 crore. This move aims to significantly boost railway safety by preventing collisions and over-speeding. The expansion covers crucial sections in Odisha and neighboring areas, enhancing train operations even in adverse weather and reinforcing the mission to deploy Kavach across vital routes.
3 Indian-flagged oil tankers transit through Strait of Hormuz
Three Indian oil tankers, carrying over 8.6 lakh tonnes of cargo and 94 crew members, successfully navigated the Strait of Hormuz en route to India. The vessels, Desh Vaibhav, Desh Vibhor, and Sanmar Herald, are expected to reach Indian ports between June 24 and July 1. This transit follows the lifting of a US blockade on Iran, allowing oil tankers to move freely through the vital waterway.
16 India-bound fertiliser ships stranded in Strait of Hormuz: Govt
Sixteen ships carrying vital fertilisers are currently held up in the Strait of Hormuz. These vessels are en route to India. Despite this situation, the government states there is no immediate concern for fertiliser availability. India has already imported significant quantities and is seeking more to meet the demands of the ongoing sowing season. Local production has also been enhanced.
Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exit
Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupted by conflict. While a US-Iran deal is announced, concerns about safety, mines, and Iranian actions persist, leaving hundreds of vessels stranded and global energy trade in limbo.
Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPO
As many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's approval to raise funds through initial public offerings (IPOs). Other companies that obtained approval are Horizon Industrial Parks, Surgiwear, Crystal Crop Protection and Hotel Polo Towers, an update with the markets regulator showed on Friday. These companies, which filed their preliminary IPO papers between October and February, obtained Sebi's observations during May 4-8. InSebi's parlance, obtaining observations is equivalent to securing approval to float a public offering. Zepto and Dhoot Transmission filed preliminary papers with Sebi in December and February, respectively, using a confidential route. According to people familiar with the development, Zepto is aiming to raise Rs 11,000 crore through its maiden public offering. If the listing goes through, Zepto will join its rivals Zomato and Swiggy, both of which are already listed on
DC vs KKR: IPL 2026 Playoff Qualification Scenario For Delhi Capitals And Kolkata Knight Riders Explained
With only four games remaining, DC find themselves in a precarious position on eight points. For KKR, the clearest route to the IPL 2026 playoffs is straightforward: win every remaining match in the league stage.
Swan Defence promoters to part-sell stake next week, appoints I-banker
Hazel Infra, the promoter entity of shipbuilder Swan Defence and Heavy Industries, is looking to part sell their holding in the company through the offer for sale (OFS) route next week, people aware of the development said on Thursday.