ACs, TVs, smartphones to get more expensive? Here’s why consumer electronics may cost more again this month – The Times of India

ACs, TVs, smartphones to get more expensive? Here’s why consumer electronics may cost more again this month – The Times of India

Prices of consumer electronics such as air conditioners, refrigerators, washing machines, televisions and smartphones are set to rise again by the end of April, marking the third round of increases in four months amid sustained cost pressures on key inputs.Industry executives, cited by ET, said elevated prices of crude-linked derivatives like plastics, along with a…

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Iran rejects ‘traditional toll’ but plans fees to secure Strait of Hormuz – what it means – The Times of India

Iran rejects ‘traditional toll’ but plans fees to secure Strait of Hormuz – what it means – The Times of India

Iran is planning to tighten its grip over the Strait of Hormuz with new transit fees to regulate ship movement through the route. However, the country has ruled out charging any “traditional fees” on ships passing through it.Ebrahim Rezaei, spokesman for Iran’s National Security Committee told Al Jazeera that a law is being drafted to…

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US extends sanction waiver on Russian oil again — How will it impact India? – The Times of India

US extends sanction waiver on Russian oil again — How will it impact India? – The Times of India

The United States decided to extend the sanctions waiver on Russian oil, offering temporary relief to countries purchasing crude from Moscow as the world grapples with tight energy supplies. The US treasury department on Friday issued a fresh licence allowing the purchase of Russian oil and petroleum products that had already been loaded onto ships…

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US stock market: Wall Street at record high after Trump says ‘Hormuz is open’; Dow jumps over 800 points, Nasdaq up 1.5% – The Times of India

US stock market: Wall Street at record high after Trump says ‘Hormuz is open’; Dow jumps over 800 points, Nasdaq up 1.5% – The Times of India

Wall Street benchmarks closed at record highs on Friday, as easing geopolitical tensions in West Asia fuelled a broad risk rally across global markets, sending equities higher and oil lower.The S&P 500 and Nasdaq Composite notched their third straight record closes, while the Dow Jones Industrial Average posted its strongest finish since late February. Gains…

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Russian oil sanctions: US extends waiver for cargoes already at sea – The Times of India

Russian oil sanctions: US extends waiver for cargoes already at sea – The Times of India

The US administration has decided to extend a narrow window for global buyers to purchase Russian oil shipments already at sea, despite earlier indications that such relief would not continue.Late Friday, the US Treasury Department published a new licence granting a roughly month-long waiver, which allows nations to buy Russian oil and petroleum products loaded…

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