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India’s exposure to a potential disruption in Russian oil exports would be limited, even as a full embargo could create serious challenges for the global economy, according to a report

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Stock market update for August 15 (AI image) Stock market holiday on Independence Day: Stock markets will be closed on Friday, August 15, 2025 in observance of the Independence Day.

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Banking operations across India will be closed on August 15 for Independence Day, while several states will also see a shutdown on August 16 for Janmashtami, followed by regular Sunday

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US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

HK company Caravel Group buys maritime body

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HK company Caravel Group buys maritime body

NEW DELHI: Hong Kong-based Caravel Group Acquire has announced the acquisition of International Maritime Institute, a leading maritime training institute, and is seeking to upgrade the facility in greater Noida to ensure that more Indian seamen get to command ships.
India is among the top global suppliers of seamen, next only to the Philippines, and group, which has a fleet of over 700 vessels, is also looking at expanding its involvement in the country, although the promoters cited policies around taxation and capital (both debt and equity) as factors that hinder having more Indian flag vessels.





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