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Global shipping industry caught in storm of war
Global trade faces significant disruption as the war in the Middle East closes the Strait of Hormuz. This vital shipping lane's closure impacts container transport worldwide. Importers are already seeing increased costs for goods from China. Shipping companies are imposing surcharges due to rising fuel prices and longer routes. This situation revives fears of supply chain collapse.
Tata Motors bags orders for over 5000 buses and chassis
Tata Motors has secured significant supply orders for over 5,000 buses and chassis from various state transport undertakings nationwide. These diverse orders, including Magna and Starbus models, will be deployed across multiple states for intercity and intracity operations. This achievement underscores Tata Motors' leading role in shaping India's public transportation future.
ET Graphics | Key Asia–Europe air routes choked, India hit hard in West Asia conflict
Global air travel faces significant disruption. Tensions in West Asia have impacted a vital flight path. This has led to widespread chaos in the aviation industry. Over 3,000 flights have been cancelled. The situation is affecting air transport worldwide. Passengers are experiencing significant travel issues.
Indian Railways launches Rail Tech Policy to promote innovation, start-up engagement
Indian Railways has launched a new Rail Tech policy designed to attract innovators, startups, and research institutions to co-create the future of rail transport. By streamlining the startup selection process, the initiative speeds up the testing and deployment of promising solutions.
Momentum Stocks: Radhika Jewel, Shankara Buildpro, TCI Express gain up 10% on sheer momentum
Radhika Jewel jumped 9.8 percent to Rs 61.89, staying above its 30-day SMA (Rs 56.38) and 50-day SMA (Rs 58.47). However, the stock continued to trade below its 150-day SMA (Rs 65.21) and 200-day SMA (Rs 70.73), indicating that while short-term momentum has improved, the long-term trend remains weak.
Momentum Stocks: Hinduja Global, Silly Monks, North Eastern Carrying rally up to 13% on sheer momentum
Eurotex, TCI Finance, Dynacons Systems were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.