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India has 250 million barrels of crude, petro products; 7-8 weeks of buffer across supply chain

  New Delhi: Top government sources on Saturday allayed fears that current global energy situation can become a crisis for India, saying that the country currently holds over 250 million barrels (around 4,000 crore litres)…

US loses 92,000 jobs in Feb as economy shows signs of weakness

  Washington: The United States lost 92,000 jobs in February, according to data released by the Bureau of Labour Statistics, signalling potential weakness in the US economy. Nonfarm payrolls fell by 92,000 from the previous…

US launches $20 billion Gulf shipping insurance pla

  Washington: The United States unveiled a $20 billion maritime reinsurance plan aimed at protecting shipping and stabilising trade through the Gulf region amid tensions linked to the conflict with Iran. The initiative was announced…

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