Mirror of the country
Mirror of the country
Shubh LaabhIran India Strait of Hormuz Safe Passage:- Ships will get safe passage, Iran has clarified, gas supply will increase. The Strait of Hormuz is a vital route for global energy supply, through which a large part of the world’s oil and LNG passes. Amid rising tensions in the Persian Gulf and growing concerns about maritime security, Iran’s ambassador to India has indicated that Indian ships transiting the Strait…
Read moreShubh LaabhStock Market: Iran has decided to keep the Strait of Hormuz closed. Iran has recently warned the world to prepare for oil prices of $200. The Iran crisis is causing havoc in the stock market. Domestic markets, along with markets worldwide, are trading with sharp declines. The Sensex fell 5.5% in the week, its biggest weekly decline since May 2020. The Nifty 50 also fell 5.3% during this…
Read moreShubh LaabhIran War 3 Conditions:- Iran had placed three conditions before America and Israel, saying that the war would end only if these were met. Meanwhile, the United Nations Security Council, the UNSC has passed a resolution on the escalating conflict in the Middle East, strongly condemning Iran’s attacks on Gulf countries and Jordan. Amidst the conflict, Iran has laid down three major conditions to end the war with…
Read moreShubh LaabhThe Stock market closed today also with a decline of 1470.50 points at 74563.92, and the Nifty closed with a decline of 488.05 points at 23151.10. In today’s trading also , geopolitical tension across the border was seen, the prices of crude oil have gone up and are more likely to go up furthur which may increase the risk of inflation. Today the share price of Banking and…
Read moreShubh LaabhIran War Conditions: Iran had placed three conditions before America and Israel, saying that the war would end only if these were met. Meanwhile, the United Nations Security Council, the UNSC has passed a resolution on the escalating conflict in the Middle East, strongly condemning Iran’s attacks on Gulf countries and Jordan. Amidst the conflict, Iran has laid down three major conditions to end the war with America and Israel.…
Read moreShubh LaabhPM Modi Lpg: Prime Minister Narendra Modi on Thursday, March 12, urged people to avoid rumors about the availability of LPG. He stated that some elements are attempting to create an atmosphere of fear and spread rumors, while the government is continuously taking steps to manage the impact of the global energy crisis. Amid growing concerns about LPG, the Prime Minister stated that the global crisis caused by…
Read moreShubh LaabhTrump Iran War Oil Crisis: Looking into the current scenario of US – Israel v/s Iran war it looks like that Donald Trump has No plans, Iran’s strength was misjudged, and oil supplies were not expected to be disrupted. On February 18, when US President Donald Trump was deciding whether to attack Iran, Energy Secretary Chris Wright said in an interview that he was not worried that a…
Read moreShubh LaabhThe Stock market closed today also with a decline of 829.29 points at 76034.42, and the Nifty closed with a decline of 227.70 points at 23639.15. In today’s trading also , geopolitical tension across the border was seen, the prices of crude oil have gone up and are more likely to go up furthur which may increase the risk of inflation. Today the share price of Auto, Banking,…
Read moreShubh LaabhIran Crisis Impact on Indian Oil Companies If the Iran crisis continues for a long time, pressure on Indian oil companies may increase. High oil prices could impact cash flow. According to Fitch Ratings if the oil supply disruptions caused by tensions with Iran persist for a prolonged period, cash flow pressure could increase on Indian oil marketing companies and GAIL India Limited. According to the report, if the…
Read moreShubh LaabhGovt Latest Update on LPG Gas: Finally, the government has given the biggest information till date on the shortage of gas, petrol and diesel, and explained the current situation. Due to Growing tensions in West Asia and amid concerns surrounding the Strait of Hormuz, the Indian government has provided significant information. The government has stated that the country’s energy supply is currently secure. Sujata Sharma, Joint Secretary of…
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