Snippets Column

Attacks On Merchant Ships By Yemen’s Rebels Negatively Impact Global Supply Chain

World Economic Forum (WEF) president Borge Brende said that the ongoing tensions in the Red Sea due to recurrent attacks on merchant ships by Yemen’s Houthi rebels have a negative impact on the global supply chain and would lead to a $10-20 increase in oil prices for oil-importing countries like India, which could have negative effects on its economy.

Malika Sahni

Recent Posts

Massive Wildfire Engulfs New Zealand’s Tongariro National Park; 1,600 Hectares Affected

New Zealand’s Tongariro National Park is battling a massive wildfire that has spread across 1,600…

28 mins ago

PM Modi Highlights Northeast As India’s ‘Forward Face’ Of Growth & Connectivity

Prime Minister Narendra Modi said the Northeast has transformed from India’s frontier into its forward…

43 mins ago

Mukesh Ambani Visits Nathdwara; Announces Pilgrim & Senior Citizen Service Centre

Mukesh Ambani announced the establishment of 'Yatri Evam Varishth Seva Sadan' in Nathdwara after attending…

58 mins ago

India Poised To Drive Global Economic Growth: Kotak Mahindra AMC’s Nilesh Shah

Kotak Mahindra AMC Managing Director Nilesh Shah said India contributes 8–10% of global growth and…

1 hour ago

Goldman Sachs Predicts Strong India Rebound; Expects 14% Nifty Upside By 2026

Goldman Sachs (GS) has upgraded India’s equity market outlook to Overweight, setting a Nifty target…

1 hour ago

India’s Real Estate Sector Set To Touch $10 Trillion By 2047: Colliers–CII Report

India’s real estate sector is poised for exponential growth, projected to surge from $0.3 trillion…

2 hours ago