Why is the Strait of Hormuz blocked despite US- Iran ceasefire? Key points to know

Why is the Strait of Hormuz blocked despite US-Iran ceasefire? The Strait of Hormuz blocked issue persists because the ceasefire is not a full peace agreement. It is temporary, fragile, and filled with conditions. Both sides remain cautious, and trust is extremely limited. This uncertainty is enough to keep the shipping lanes restricted. The Iran is exercising significant influence over maritime movement in the region. Reports suggest that ships must follow strict protocols before entering or crossing the strait. This controlled access is a major factor behind the ongoing Strait of Hormuz blocked situation.

from News-Economic Times https://ift.tt/86WdbJG

Read More

Exporters' body FIEO sees 2-3 pc fall in goods exports during 2025-26

Indian merchandise exports are projected to decline by 2-3% in 2025-26. Global economic uncertainties, amplified by the West Asia crisis, are the primary drivers. This situation has already impacted shipments, increasing freight and raw material costs. While goods exports face a downturn, services exports are anticipated to grow. Exporters hope for stabilization following a ceasefire announcement.

from News-Economic Times https://ift.tt/PDtuOjG

Read More

Wipro to consider buyback of shares after steep stock crash this year

An IT services major Wipro announced it will consider a share buyback alongside its Q4 results on April 16. This move follows a significant stock price decline and investor concerns about cash return versus AI investments.

from Stocks-Markets-Economic Times https://ift.tt/kmLvJPW

Read More

LIVE | Karoline Leavitt briefs media as Iran blocks Strait of Hormuz despite US-Iran ceasefire

from News-Economic Times https://ift.tt/BQTzM9E

Read More

World Bank's Ajay ​Banga sees some degree of lower growth, higher inflation due to war

Ajay Banga, World Bank President, forecasts slower global economic growth and higher inflation due to the Middle East conflict. The World Bank is prepared to provide billions in emergency funding to affected nations. The impact's severity and duration depend on energy market disruptions. Banga advised countries against unsustainable subsidies. Finance officials will discuss support measures at upcoming meetings.

from News-Economic Times https://ift.tt/QG9XCL8

Read More

Goldman Sachs fund sells Cello World shares worth Rs 55 crore via bulk deals

Goldman Sachs sold over 13.82 lakh shares of Cello World via a Rs 55 crore bulk deal at Rs 401 apiece. The stock remained steady despite the transaction but has underperformed over the past year. The company reported flat revenue and a decline in profit in its December quarter results.

from Stocks-Markets-Economic Times https://ift.tt/wHVtdhO

Read More

‘War for California begins’: Trump's ‘total endorsement’ to Steve Hilton in a race thrown wide open

from News-Economic Times https://ift.tt/mFxhQij

Read More