Clean Max Enviro Energy Solutions shares will list on BSE and NSE on March 2. Grey market signals suggest a weak debut. The IPO saw mixed subscription, with institutional investors showing interest but retail and non-institutional investors remaining cautious. The company is India’s largest commercial and industrial renewable energy provider.Read More

Escalating Middle East conflict is pushing oil prices higher, with analysts predicting sustained elevated levels due to supply concerns, particularly through the vital Strait of Hormuz. Attacks have already disrupted tanker traffic, leading to significant crude futures surges. Experts warn of potential prices exceeding $100 if flows aren’t restored quickly.Read More

Crude oil prices surged up to 12% after escalating tensions between the US, Israel and Iran disrupted Middle East supply routes. Upstream companies like ONGC and Oil India may benefit. Brokerages warn further escalation, especially around the Strait of Hormuz, could significantly raise prices and impact India’s economy.Read More

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Investors sought safe havens as the euro slid and the Swiss franc rose following a U.S. and Israeli bombing of Iran that killed Ayatollah Ali Khamenei, creating a power vacuum and escalating Middle East war risks. Oil prices surged nearly 9% on fears of trade disruption, impacting energy importers like China and Europe.Read More

Several public charitable trusts have challenged the Income Tax Department’s insistence that trust deeds must explicitly state they are “irrevocable” to retain tax-exempt status. Trusts and professional bodies argue that the law does not require such a clause and that public trusts are inherently irrevocable unless expressly stated otherwise. The matter is now before the...Read More

State-owned GIC Re will withdraw Marine Hull War Risk cover from several high-risk regions starting in early March, including the Persian Gulf, Black Sea, and Red Sea, amid rising geopolitical tensions. Ship owners should review their insurance arrangements, as there will be no war risk protection from GIC Re for operations in these regions after...Read More

The Emirates have been hit by Iranian strikes since Saturday in response to the joint Israeli-US attacks.Read More

Indian stock markets are bracing for a weak opening this week. Rising oil prices due to US-Israeli actions against Iran are a major concern. This geopolitical tension could push crude oil prices to $100 a barrel. Investors are likely to shift towards safe-haven assets like gold and the US dollar.Read More

Indian stock market benchmark Nifty faces a weak outlook for the upcoming week. Analysts suggest a potential fall to 24,700 and 24,300 if the 25,100 support level is breached. Investors are advised to consider selling opportunities on any rise.Read More