{"id":88288,"date":"2026-04-06T00:00:00","date_gmt":"2026-04-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/?post_type=issue&#038;p=88288"},"modified":"2026-04-06T09:54:58","modified_gmt":"2026-04-06T09:54:58","slug":"india-taps-iranian-oil-and-gas","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/mena-india\/issues\/india-taps-iranian-oil-and-gas\/","title":{"rendered":"India taps Iranian oil and gas"},"content":{"rendered":"<section id=\"88290\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"88290\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/this-afternoon-supply-shocks-and-cost-pressures-slow-manufacturing-expansion\/\">\r\n                            India\u2019s manufacturing growth slows to four-year low amid war drag                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/this-afternoon-supply-shocks-and-cost-pressures-slow-manufacturing-expansion\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Meanwhile, New Delhi\u2019s diplomatic push continues to bear fruit in the Strait of Hormuz, with more India-bound LPG tankers crossing the chokepoint to help ease domestic fuel shortages.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Plus: Emirates NBD is inching closer to sealing its acquisition of RBL Bank<\/strong>, and Lohum is building a cross-border battery recycling pipeline between Sharjah and India to secure critical minerals. Let\u2019s dive right in.<\/p>\n<p class=\"tag-border-left\">Watch this space <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>ECONOMY \u2014 <\/strong><strong>India\u2019s<\/strong><strong> manufacturing sector expanded at its slowest pace in nearly four years last month<\/strong>, as the war disrupted supply chains, dented demand, and pushed up input costs, according to the <a target=\"_blank\" href=\"https:\/\/www.pmi.spglobal.com\/Public\/Home\/PressRelease\/6030251beded4e3ab5fa9f5b8f9678c1\" style=\"\">HSBC India Manufacturing Purchasing Managers\u2019 Index (pdf)<\/a>, compiled by S&P Global. The index fell to 53.9 from 56.9 in February, broadly in line with estimates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand weakens, exports hold: <\/strong>New orders and output grew at their weakest rate in close to four years, signaling softer domestic demand. \u201cDisruptions linked to the conflict [\u2026] are weighing on Indian manufacturers,\u201d HSBC Chief India Economist Pranjul Bhandari said. However, export orders rose to a six-month high, offering some support. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Costs rise, outlook steady: <\/strong>Despite the war driving input costs \u2014 steel, aluminum, and fuel \u2014 to their highest levels since 2022, Indian factories are not passing these costs onto buyers, with selling prices rising at their slowest pace in two years. Employment growth hit a seven-month high, while business optimism strengthened expectations of agricultural demand and capacity expansion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>POLICY<\/strong><strong> \u2014 India has scrapped customs duties on 40 petrochemical products to keep supplies stable<\/strong> and contain input costs amid the Middle East conflict, according to a <a target=\"_blank\" href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2248110&reg=3&lang=1\" style=\"\">press release<\/a>. The <a target=\"_blank\" href=\"https:\/\/static.pib.gov.in\/WriteReadData\/specificdocs\/documents\/2026\/apr\/doc202642838401.pdf\" style=\"\">exemption (pdf)<\/a>, notified by the Finance Ministry and effective 2 April, reduces import duty on 40 products to zero until 30 June.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s covered: <\/strong>The list includes a mix of base chemicals and downstream polymers used across manufacturing chains, along with engineering plastics. The government also <a target=\"_blank\" href=\"https:\/\/static.pib.gov.in\/WriteReadData\/specificdocs\/documents\/2026\/apr\/doc202642838401.pdf\" style=\"\">removed<\/a> the Agriculture Infrastructure and Development Cess on ammonium nitrate imports over the same period.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> India\u2019s petrochemical supply chain is closely linked to the Gulf, which accounts for over <a target=\"_blank\" href=\"https:\/\/indianpetrochem.com\/advisory\/methanoladvisory\" style=\"\">75% of methanol imports<\/a> and a significant share of other feedstock. The region also supplies about 30% of India\u2019s urea imports and roughly 50% of LNG used in <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/energy\/en\/news-research\/latest-news\/agriculture\/030926-india-says-fertilizer-stocks-secure-despite-middle-east-war\" style=\"\">fertilizer and chemical production<\/a>. With the Middle East conflict pushing up input prices and logistics costs, the duty waiver helps offset cost pressures and support supply continuity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AUTOMOTIVE<\/strong><strong> \u2014 <\/strong><strong>India\u2019s<\/strong><strong> largest carmaker Maruti Suzuki may raise vehicle prices as rising global commodity costs linked to the war <\/strong>push up production expenses, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/indias-maruti-suzuki-warns-price-hikes-gulf-war-raises-costs-2026-04-01\/\" style=\"\">Reuters<\/a> reports. The company said higher prices of fuel and industrial inputs are adding to production costs, which may need to be passed through to customers. A decision on price revisions is expected shortly, the company added without revealing a definite timeline. Maruti has not reported supply disruptions so far, but said risks could emerge if the conflict continues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Industry body Federation of Automobile Dealers Associations also said the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/india-retail-vehicle-sales-jump-253-march-dealers-flag-near-term-west-asia-2026-04-06\/\" style=\"\">auto supply chain is showing signs of strain<\/a><\/strong>, with more than half of dealers reporting supply or dispatch disruptions linked to the conflict. Rising oil and gas prices are also pushing up fuel, logistics, and input costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong>The Middle East accounts for about 12.5% of Maruti\u2019s export volumes, with shipment timelines to the region expected to face delays. Hyundai Motor India reported a 10% drop in overseas shipments last month, with roughly 40% of its exports linked to the Middle East.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>PHARMA<\/strong><strong> \u2014<\/strong> <strong>Pharma exporters in India may lose up to USD 750 mn if the Iran war continues through April<\/strong>, up from earlier estimates of USD 150-200 mn, as higher freight, ins., and input costs affect shipments, <a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/industry\/news\/indian-drugmakers-may-lose-up-to-750-mn-amid-west-asia-conflict-126040101187_1.html\" style=\"\">Business Standard<\/a> reports. Supply chains are likely to remain affected for an extended period, with longer transit times and higher logistics costs adding pressure on exporters, industry executives told the daily.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong>The MENA region accounted for USD 1.75 bn \u2014 or about 5.7% \u2014 of India\u2019s USD 30.38 bn in pharma exports in FY 2024\/25, with key markets including the UAE, Iraq, Egypt, and Saudi Arabia leaving exporters exposed to margin pressure as costs rise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DIPLOMACY<\/strong><strong> \u2014 <\/strong><strong>India\u2019s External Affairs Minister S. Jaishankar held calls with counterparts in <\/strong><strong>Iran<\/strong><strong>, <\/strong><strong>Qatar<\/strong><strong>, and the UAE<\/strong> to discuss the ongoing war, the minister said on X (<a target=\"_blank\" href=\"https:\/\/x.com\/DrSJaishankar\/status\/2040840035491365062\" style=\"\">here<\/a>, <a target=\"_blank\" href=\"https:\/\/x.com\/DrSJaishankar\/status\/2040828947739656554?s=20\" style=\"\">here<\/a>, and <a target=\"_blank\" href=\"https:\/\/x.com\/DrSJaishankar\/status\/2040830152222159326?s=20\" style=\"\">here<\/a>), as tensions around the Strait of Hormuz sharpen concerns over energy flows and shipping routes. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters<\/strong><strong>:<\/strong> Jaishankar <a target=\"_blank\" href=\"https:\/\/x.com\/Iran_in_India\/status\/2040838309698732249?s=20\" style=\"\">discussed<\/a> regional and global developments as well as bilateral ties with Iran\u2019s Foreign Minister Abbas Araghchi. The discussions follow new US warnings to Iran regarding the Strait of Hormuz \u2014 there is significant concern that further disruptions to commercial shipping or energy infrastructure could occur, particularly as Washington considers strikes on Iranian power plants, which might provoke retaliatory attacks on Gulf energy facilities.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">YOU\u2019RE READING EnterpriseAM MENA <> India, your C-suite briefing on the movement of trade, investment, people, and ideas along one of the world\u2019s most exciting corridors. Every Monday, Wednesday, and Friday at 2:30pm UAE, we dive deep into the business, finance, economy, and policy headlines and trendlines that will move markets and set the tone for your day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this briefing? <\/strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/newsletters\/\" style=\"\">Tap or click here to sign up without charge for your own<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/newsletters\/\" style=\"\">copy<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>INR 384.2 (USD 4.2 bn) \u2014 t<\/strong><strong>hat<\/strong><strong> was the value of India\u2019s defense exports in FY 2025\/26<\/strong>, marking a 62.6% y-o-y increase and an all-time high, the Defense Ministry said in a <a target=\"_blank\" href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2248124&reg=3&lang=2\" style=\"\">press release<\/a>. Public-sector defense companies accounted for 54.84% of exports, while private firms contributed 45.16% of sales. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>India has ramped up its domestic defense manufacturing to reduce its dependence on external sources while also expanding exports. The UAE is among the 40 nations purchasing small arms, ammunition, and electronic warfare systems from India. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> The big story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pakistan has proposed a two-tier ceasefire framework to reopen the Strait of Hormuz and de-escalate the war involving the US, Israel, and Iran<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/china\/iran-us-receive-plan-end-hostilities-immediate-ceasefire-source-says-2026-04-06\/\" style=\"\">Reuters<\/a> reports. The plan outlines an immediate 45-day ceasefire that would eventually pave the way for a comprehensive agreement to permanently end the war, a framework first reported by <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2026\/04\/06\/iran-war-us-tehran-ceasefire-talks\" style=\"\">Axios<\/a> on Sunday. Islamabad circulated the proposal to Washington and Tehran overnight and is awaiting a response from the warring parties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- US President Donald Trump has once again threatened to destroy Iran\u2019s power <\/strong><strong>infrastructure. <\/strong>Should Tehran keep the Strait of Hormuz shut, Trump has vowed to target civilian infrastructure \u2014 power plants and bridges \u2014 in a <a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116351998782539414\" style=\"\">post on TruthSocial<\/a>, leading <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/50943619-f694-4f49-bacf-6191b9096215\" style=\"\">some critics<\/a> to point out that this would constitute a war crime.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-prices-open-higher-us-israeli-war-with-iran-continues-disrupt-supply-2026-04-05\/\" style=\"\">jumped<\/a><\/strong><strong> following the president\u2019s ultimatum. <\/strong>Brent futures rose 1.6% to USD 110.74 a barrel earlier today, while US West Texas Intermediate futures gained 0.6% to trade at USD 112.25.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Market watch<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Indian<\/strong><strong> markets fell on Monday as crude prices hit USD 110 \/ bbl<\/strong>, marking the sixth straight week of losses as geopolitical turmoil outweighed strong corporate earnings, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/indian-shares-seen-muted-caution-over-trumps-iran-threat-banks-focus-2026-04-06\/\" style=\"\">Reuters<\/a> reports. The Nifty 50 declined 0.47%, while the Sensex dropped 0.59% with most sectoral indices in the red. Rising crude prices and renewed fears of escalation in the US-Israel-Iran war have tempered market sentiment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE-<\/strong> The INR posted a sharp rebound, rising 0.3% to 92.8 \/ USD after a 1.8% surge last week \u2014 its <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-06\/rupee-extends-rally-after-biggest-surge-in-12-years-on-rbi-moves\" style=\"\">biggest rally<\/a> since 2013. This came after the Reserve Bank of India (RBI) aggressively <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-27\/india-acts-to-curb-forex-speculation-as-rupee-plumbs-new-lows\" style=\"\">capped<\/a> banks\u2019 net open positions at USD 100 mn to curb currency speculation. The INR had been under sustained pressure amid rising oil prices and foreign investor sell-off. The RBI intervention has depleted India\u2019s reserves by USD 40 bn in recent weeks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Circle your calendar<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays, and news triggers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/automotive\/\">AUTOMOTIVE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/indian-economy\/\">Indian economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/pharma\/\">pharma<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/policy\/\">Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/policy-watch\/\">POLICY WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88292\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"88292\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE BIG STORY TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/india-draws-oil-lpg-from-iran-under-us-sanctions-waiver\/\">\r\n                            Iranian barrels + LPG reach India                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/india-draws-oil-lpg-from-iran-under-us-sanctions-waiver\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The government did not reveal the quantity purchased nor specify the names of the companies importing from Iran. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sanctions window opens:<\/strong> The flows come on the back of a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/13\/us-extends-russian-crude-waiver-as-india-scrambles-to-bypass-strait-of-hormuz\/\" style=\"\">temporary US waiver<\/a> allowing Iranian oil already in transit to be traded, in a bid to ease global supply shortages triggered by the war. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>India has also imported 44k tonnes of Iranian LPG on a sanctioned vessel<\/strong> currently being discharged at Mangalore port along the west coast, as part of broader efforts to stabilize fuel availability amid panic and supply shortages back home. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know: <\/strong>The tanker Aurora, <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/27\/iranian-lpg-re-enters-indias-supply-chain\/\" style=\"\">initially destined for China<\/a>, has docked at Mangalore port. Its cargo will be split between Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation. India\u2019s attempts to tap Iranian crude faced <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/27\/iranian-lpg-re-enters-indias-supply-chain\/\" style=\"\">limited accessible supply and execution bottlenecks<\/a>, with large volumes tied up in Chinese storage and supply chains. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters<\/strong><strong>: <\/strong>As the world\u2019s third-largest oil importer, India has quickly moved to diversify sourcing \u2014 it has secured crude requirements for the coming months, per the ministry, drawing from over 40 supplier nations to manage volatility and reduce risk. However, the docking of sanctioned vessels on Indian ports may test the limits of the US\u2019 temporary waiver. For India, the country\u2019s energy security appears to outweigh the risks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Reduced fuel pricing kicks in<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>State<\/strong><strong>-run oil companies are paying refineries reduced rates for petrol, diesel, and aviation turbine fuel to offset losses from frozen retail prices<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.thehindu.com\/business\/omcs-to-pay-discounted-rates-to-refiners-amid-fuel-price-freeze\/article70827512.ece\" style=\"\">Hindu Businessline<\/a> reports. Markdowns of up to INR 60 per liter (USD 0.65) have been applied to refinery transfer prices.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pressure from rising crude: <\/strong>With global oil prices above USD 100 \/ bbl, refiners including Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation are <a target=\"_blank\" href=\"https:\/\/x.com\/PetroleumMin\/status\/2039211664302915934\" style=\"\">absorbing<\/a> significant losses. By adjusting transfer pricing, the government is pushing the financial strain upstream to shield consumers and fuel retailers from elevated crude costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>The move redistributes losses across the value chain but risks distorting market-linked pricing, especially for private refiners, as India balances inflation control with energy sector stability.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy\/\">ENERGY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy-security\/\">Energy Security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy-watch\/\">ENERGY WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/india-iran\/\">India-Iran<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/lng\/\">LNG<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/the-big-story-today\/\">THE BIG STORY TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88294\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"88294\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">LOGISTICS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/two-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight\/\">\r\n                            More India-bound LPG tankers cross Hormuz                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/two-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/two-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/two-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Two India-flagged LPG tankers transit Hormuz, bringing total to eight&url=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/two-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/two-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight\/&title=Two India-flagged LPG tankers transit Hormuz, bringing total to eight\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Two+India-flagged+LPG+tankers+transit+Hormuz%2C+bringing+total+to+eight+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2026%2F04%2F06%2Ftwo-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/two-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/278.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88295\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/two-india-flagged-lpg-tankers-transit-hormuz-bringing-total-to-eight\/278-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/278.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"278.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/278.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/278.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88294\" class=\"content-area-description single-story post-88294 post type-post status-publish format-standard has-post-thumbnail hentry category-logistics tag-energy-security tag-enterpriseam-india tag-hormuz tag-india-focus tag-logistics tag-oil-gas wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>More <\/strong><strong>India<\/strong><strong>-flagged vessels cross Hormuz: <\/strong>Liquefied petroleum gas (LPG) tankers Green Asha and Green Sanvi have crossed through the Strait of Hormuz \u2014 bringing the tally of Indian-flagged fuel carriers to have crossed the chokepoint since the war broke out to eight, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/india\/two-more-indian-flagged-lpg-ships-exit-gulf-tracking-data-shows-2026-04-06\/\" style=\"\">Reuters<\/a> reports, citing ship-tracking data.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The two LPG vessels, headed to India, are currently in the eastern stretch of the strait, the newswire reports, citing LSEG and Kpler data. Green Asha, carrying around 15k tonnes, passed the strait on Sunday after docking at the UAE\u2019s Al Rams port on 30 March, <a target=\"_blank\" href=\"https:\/\/www.thehindu.com\/business\/Industry\/india-flagged-lpg-tanker-green-asha-crosses-strait-of-hormuz\/article70827444.ece\" style=\"\">The Hindu<\/a> reports. Green Sanvi is estimated to be carrying about <a target=\"_blank\" href=\"https:\/\/www.ndtv.com\/india-news\/middle-east-war-india-flagged-lpg-tanker-green-sanvi-crosses-strait-of-hormuz-2-more-in-line-11309595\" style=\"\">44k tonnes<\/a> and crossed the waterway on Saturday. A third vessel with 20k tonnes of LPG \u2014 the Jag Vikram \u2014 remains stranded west of Hormuz, awaiting transit clearance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Diplomacy played a key role: <\/strong>This follows high-level diplomatic engagement between <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/03\/23\/india-pushes-for-de-escalation-and-preserving-energy-infrastructure-2\/\" style=\"\">New Delhi and Tehran<\/a>. Six other vessels \u2014 the Shivalik, Nanda Devi, Pine Gas, Jag Vasant, BW Elm, and BW Tyr \u2014 have already completed similar voyages and reached India. However, 17 India-flagged ships with 460 Indian nationals onboard remain stranded in Gulf waters, according to the <a target=\"_blank\" href=\"https:\/\/www.pib.gov.in\/PressReleaseDetail.aspx?PRID=2249118&lang=1&reg=6&\" style=\"\">Petroleum and Natural Gas Ministry<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>India, the world\u2019s second-largest LPG importer, is managing a sharp supply squeeze, with the government curbing industrial consumption to prioritize household demand. The country consumed about 33.15 mn tonnes of LPG last year, with imports meeting roughly <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/india-looks-turn-lpg-import-crisis-into-push-piped-gas-2026-04-02\/\" style=\"\">60% of demand<\/a> \u2014 nearly 90% of which comes from the Middle East.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy-security\/\">Energy Security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/hormuz\/\">Hormuz<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/india-focus\/\">India Focus<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/logistics\/\">LOGISTICS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/oil-gas\/\">Oil &amp; Gas<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88296\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"88296\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/emirates-nbd-is-one-step-closer-to-acquiring-indias-rbl-bank\/\">\r\n                            One step closer to Emirates NBD\u2019s acquisition of RBL Bank                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/emirates-nbd-is-one-step-closer-to-acquiring-indias-rbl-bank\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The bid reportedly secured approval from the Reserve Bank of India (RBI) a week after the Central Bank of the UAE signed off on the transaction. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The RBI approved Emirates NBD\u2019s acquisition of <\/strong><strong>up to <\/strong><strong>74% of RBL<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/dubais-emirates-nbd-gets-indias-central-bank-nod-become-majority-owner-rbl-bank-2026-04-02\/\" style=\"\">Reuters<\/a> reports, citing a statement from RBL. Voting rights, however, will be capped at 26%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The acquisition is reportedly on track for approval from the Securities and Exchange Board of India, the country\u2019s capital markets watchdog, with a mandatory open offer likely as early as this week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> The takeover ran into <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/04\/this-morning-emirates-nbds-60-rbl-takeover-needs-fresh-approval-the-dubai-loop-will-be-bigger-than-we-thought\/\" style=\"\">regulatory friction<\/a> earlier this year, triggering change-of-control reviews across India\u2019s capital markets stack. The transaction \u2014 structured via a preferential equity issue of roughly INR 268.5 bn \u2014 also activates a mandatory open offer for up to an additional 26% at INR 280 per share. Emirates NBD shareholders signed off in February on folding its <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/19\/this-morning-emirates-nbd-looks-to-fold-india-branches-into-rbl-adnoc-reportedly-exits-india-refinery-project\/\" style=\"\">three-branch India network<\/a> (Mumbai, Gurugram, and Chennai) into RBL.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>If the acquisition goes through, it will see Emirates NBD become the first foreign lender to take majority control of a profitable listed Indian bank.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/banking\/\">BANKING<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/emirates-nbd\/\">Emirates NBD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/finance\/\">Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/investment\/\">investment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88298\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"88298\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">MANUFACTURING<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/lohum-builds-sharjah-base-to-secure-battery-materials-for-india\/\">\r\n                            Lohum sets up Sharjah hub to feed India\u2019s battery refining                        <\/a>\r\n                    <\/h3>\r\n\r\n                    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wp-post-image\" alt=\"\" data-attachment-id=\"88299\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/lohum-builds-sharjah-base-to-secure-battery-materials-for-india\/269-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/269.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"269.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/269.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/269.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88298\" class=\"content-area-description single-story post-88298 post type-post status-publish format-standard has-post-thumbnail hentry category-manufacturing tag-critical-minerals tag-electric-vehicles tag-energy tag-enterpriseam-india tag-manufacturing tag-recycling tag-supply-chain wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a target=\"_blank\" href=\"https:\/\/lohum.com\/\" style=\"\">Lohum<\/a><\/strong><strong> links Gulf waste to India refining: <\/strong>India-based battery recycling and materials company Lohum is building a lithium-ion battery processing facility in <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/01\/16\/india-uae-energy-ties-are-expanding-into-new-avenues-2\/\" style=\"\">Sharjah<\/a>, designed to channel battery waste from the Middle East and Africa into its refining operations in India to feedstock demand for critical minerals across several industries, according to a <a target=\"_blank\" href=\"https:\/\/www.beeahgroup.com\/moei-beeah-and-lohum-to-form-joint-venture-partnership-advancing-plans-for-uaes-first-ev-battery-recycling-facility\/\" style=\"\">company statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>The facility, developed in partnership with UAE-based waste management firm Beeah and the Emirati Energy and Infrastructure Ministry, will be rolled out in phases, initially focusing on processing lithium-ion batteries into black mass \u2014 an intermediate material containing lithium, nickel and cobalt \u2014 which will then be shipped to India for further refining. The project is expected to process around 1.5k tonnes of batteries per year from 2026, with capacity planned to double within three years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lohum has <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.pv-magazine-india.com\/2025\/03\/05\/lohum-announces-indias-first-battery-grade-lithium-refinery\/\" style=\"\">existing refining infrastructure<\/a><\/strong><strong> in India<\/strong>, including a battery-grade lithium refinery with around 1 mtpa capacity, alongside facilities processing lithium, cobalt, and nickel, positioning the country as its primary downstream processing base.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">The funnel mode<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE facility is being positioned as a regional aggregation and processing hub<\/strong>, with Lohum expecting early feedstock to come from EV and non-EV lithium-ion batteries. \u201cOver time, as volumes scale and infrastructure deepens, it can evolve into a broader international sourcing and processing hub,\u201d Sachin Maheshwari, chief corporate development officer at Lohum, tells EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Early feedstock: <\/strong>With EV penetration still low across the region, early volumes are expected to come largely from electronics, industrial systems, and energy storage batteries, Maheshwari said. This mirrors broader global trends, where recycling feedstock remains dominated by consumer electronics and industrial batteries, with end-of-life EV battery volumes expected to scale meaningfully only in the 2030s, according to the <a target=\"_blank\" href=\"https:\/\/www.iea.org\/reports\/recycling-of-critical-minerals\/executive-summary\" style=\"\">International Energy Agency<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">The India anchor<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Import dependence: <\/strong>The UAE project comes as India remains almost entirely dependent on imports for key battery minerals like lithium, cobalt, and nickel. India\u2019s lithium-ion battery demand is projected to increase from around <a target=\"_blank\" href=\"https:\/\/wri-india.org\/perspectives\/lithium-ion-battery-manufacturing-india-revisiting-missing-links\" style=\"\">10.8 GWh in 2022<\/a> to over 160 GWh by 2030 as the country scales its electric mobility and energy storage, implying a sharp rise in material requirements. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Secondary supply: <\/strong>Against this backdrop, companies like Lohum are building recycling and refining capacity to create a secondary supply stream alongside mining-linked imports. \u201cWhile recycling improves sustainability and enhances domestic recovery of lithium, nickel, and cobalt, current and near-term demand cannot be met by recycled material alone. Recycling strengthens resilience and reduces import dependence over time,\u201d Maheshwari said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Why the UAE<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cThe UAE is strategically attractive due to its strong logistics connectivity across the Middle East, Africa, and Europe<\/strong> and financial ecosystem and infrastructure that support industrial growth,\u201d Maheshwari said. Looking ahead, Lohum plans to expand the Sharjah facility to include downstream processing and supply materials directly into regional battery and energy storage value chains.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/critical-minerals\/\">critical minerals<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/electric-vehicles\/\">electric vehicles<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/energy\/\">ENERGY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/recycling\/\">recycling<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/supply-chain\/\">Supply chain<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88300\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"88300\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">MOVES<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/dubai-metro-operator-keolis-taps-vikas-sardana-as-md\/\">\r\n                            Vikas Sardana named new MD of Dubai metro operator                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/dubai-metro-operator-keolis-taps-vikas-sardana-as-md\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/dubai-metro-operator-keolis-taps-vikas-sardana-as-md\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/dubai-metro-operator-keolis-taps-vikas-sardana-as-md\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Dubai metro operator Keolis taps Vikas Sardana as MD&url=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/dubai-metro-operator-keolis-taps-vikas-sardana-as-md\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/dubai-metro-operator-keolis-taps-vikas-sardana-as-md\/&title=Dubai metro operator Keolis taps Vikas Sardana as MD\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Dubai+metro+operator+Keolis+taps+Vikas+Sardana+as+MD+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2026%2F04%2F06%2Fdubai-metro-operator-keolis-taps-vikas-sardana-as-md%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/dubai-metro-operator-keolis-taps-vikas-sardana-as-md\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/275.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88301\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/dubai-metro-operator-keolis-taps-vikas-sardana-as-md\/275-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/275.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"275.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/275.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/275.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88300\" class=\"content-area-description single-story post-88300 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-dubai tag-enterpriseam-india tag-moves tag-transport wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dubai metro and tram operator <\/strong><strong>Keolis<\/strong><strong> MHI appointed Vikas Sardana (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/vikas-sardana-456602a\/\" style=\"\">LinkedIn<\/a><\/strong><strong>) as managing director<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.keolis-mhi.com\/newsroom\/press-releases\/keolis-mhi-appoints-vikas-sardana-as-managing-director\/\" style=\"\">press release<\/a>. Sardana, who was previously chief operating officer at the company, will oversee the implementation of the firm\u2019s <a target=\"_blank\" href=\"https:\/\/www.keolis-mhi.com\/newsroom\/press-releases\/keolis-mhi-unveils-strategy-plan-2026-at-annual-management-away-day\" style=\"\">Strategy Plan 2026<\/a> rolled out in partnership with Dubai\u2019s Roads and Transport Authority. He brings over two decades of experience in rail operations leadership across India and the Middle East, including a 13-year tenure at Mumbai Metro One and senior roles at Maha Mumbai Metro Operation.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/dubai\/\">Dubai<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/moves\/\">MOVES<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/transport\/\">Transport<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88302\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"88302\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/jazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities\/\">\r\n                            Jazeera Airways expands India network with southern push                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/jazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/jazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/jazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Jazeera Airways eyes diaspora routes with four new south Indian cities&url=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/jazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/jazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities\/&title=Jazeera Airways eyes diaspora routes with four new south Indian cities\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Jazeera+Airways+eyes+diaspora+routes+with+four+new+south+Indian+cities+https%3A%2F%2Fenterpriseam.com%2Fmena-india%2F2026%2F04%2F06%2Fjazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/jazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/263.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"88303\" data-permalink=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/jazeera-airways-eyes-diaspora-routes-with-four-new-south-indian-cities\/263-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/263.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"263.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/263.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/263.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88302\" class=\"content-area-description single-story post-88302 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-aviation tag-enterpriseam-india tag-jazeera-airways wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Kuwait-based carrier Jazeera Airways has added four southern Indian destinations to its network<\/strong> \u2014 Kozhikode, Tiruchirappalli, Mangalore, and Kannur, tapping workforce migration corridors, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/jazeera-airways-expands-india-network-with-four-new-destinations-awvrr12e\" style=\"\">press release<\/a>. The expansion targets the Indian diaspora in Kuwait and brings the airline\u2019s network to 12 Indian cities with 49 weekly flights. Jazeera has carried over 11k Indian passengers since 20 March, with over 1k flights and 250k seats planned through April, as wartime disruptions affect services along UAE routes, according to the press release.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/aviation\/\">AVIATION<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/jazeera-airways\/\">Jazeera Airways<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88304\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"88304\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/tokenization-of-traditional-financial-instruments-could-amplify-market-risks-imf-says\/\">\r\n                            Tokenization could amplify market risks, IMF says                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/tokenization-of-traditional-financial-instruments-could-amplify-market-risks-imf-says\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Nasdaq is pushing the US SEC to allow tokenized stock trading, and SEC Chair Paul Atkins appears supportive.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BUT- The IMF <\/strong><strong>report<\/strong><strong> warns that this isn't just a marginal tech upgrade.<\/strong> \u201cTokenization constitutes a structural reallocation of trust within the financial system,\u201d the author argues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<p class=\"tag-border-left\">Why it matters<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>The big selling point of tokenization is instant, constant settlement<\/strong> \u2014 what the industry calls \u201catomic settlement.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>The problem? The traditional financial system relies on delays.<\/strong> The lag time gives institutions a chance to net their claims and gives central banks a window to step in before a market hiccup turns into a full-blown meltdown. If trades settle instantly by design, we lose that temporal buffer.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>This rewiring of market infrastructure<\/strong> creates several major systemic headaches:<\/p>\n<ul>\n<li><strong>Liquidity strains:<\/strong> Because end-of-day netting is eliminated, institutions must maintain liquidity continuously, sharply increasing intraday liquidity needs;<\/li>\n<li><strong>Algorithmic fire sales:<\/strong> As the IMF notes, \u201cautomated margin calls triggered by price movements can force rapid asset sales, reinforcing procyclical dynamics;\u201d<\/li>\n<li><strong>Outdated backstops:<\/strong> Central bank emergency lending facilities currently operate on standard business hours and are insufficient in a 24\/7 tokenized environment;<\/li>\n<li><strong>Private money risks:<\/strong> Privately issued stablecoins are increasingly used to settle these digital trades. However, the IMF warns that today's stablecoins resemble money market funds and \u201ccould be vulnerable to confidence-driven runs in adverse conditions.\u201d<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>For emerging and developing economies in the region<\/strong>, this structural shift is especially risky. Frictionless digital finance could lead to wild swings in capital flows and the erosion of monetary sovereignty. Money could flood out of a developing economy during a panic before policymakers can react. The report explicitly warns that this continuous settlement could accelerate outflows during stress episodes, \u201climiting the effectiveness of traditional capital flow management measures.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<p class=\"tag-border-left\">What comes next<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>The IMF is telling global regulators they need to adapt their crisis playbooks immediately.<\/strong> To avoid a fragmented market or a system dominated by private stablecoins prone to bank runs, governments need to provide the underlying digital money.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>That likely means a faster rollout of wholesale central bank digital currencies<\/strong>, to anchor the system in safe public money.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>\u201cTokenization does not diminish the role of the public sector, but it reshapes it<\/strong>,\u201d the report said, warning that \u201cthe window for shaping the architecture of the tokenized financial system is open, but it will not remain so indefinitely.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Asia-Pacific markets were up in early trading this morning, as investors seemingly brushed off US President Donald Trump\u2019s latest threats to destroy Iranian power plants and bridges if it doesn\u2019t open up the Strait of Hormuz. Japan\u2019s Nikkei was up over 1.6% and South Korea\u2019s Kospi was looking at gains of 2.2%. Despite the early rally, it\u2019s anyone\u2019s guess how the week will unfold with war developments and upcoming data releases potentially pushing markets in either direction. <\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table markets-table'>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Sensex<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">73,941<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.8% (YTD: -13.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>NIFTY 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">22,917<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.9% (YTD: -13.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,635<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.3% (YTD: -3.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,476<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: -9.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">11,256<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: +7.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30<\/strong> <\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">47,607<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.7% (YTD: +13.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Boursa Kuwait<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">7,822<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.09% (YTD: -6.3%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>QSE<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,326<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.6% (YTD: -5.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">6,582<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: -3.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">10,436<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.6% (YTD: +5.08%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,692<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.7% (YTD: -1.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 107<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.6% <\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2.82 <\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.9% <\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 4,706<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.6% <\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 69,846<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+4.2% <\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">The values in the table above are listed according to the market position as of 3:30pm IST \/ 2pm GST.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/financial-markets\/\">Financial markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/planet-finance\/\">PLANET FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/mena-india\/tag\/tokenization\/\">Tokenization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"88306\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/04\/06\/88306\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-88306\" class=\"content-area-description single-story post-88306 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-8 April (Monday-Wednesday): Reserve Bank of India\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_PressReleaseDisplay.aspx?prid=62261\" style=\"\">Monetary Policy Committee Meeting<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-10 April (Tuesday-Friday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indiarubberexpo.in\/\" style=\"\">India Rubber Expo<\/a><\/span><span style=\"font-weight:400;\">, ITPO, Pragati Maidan, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 April (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.entrepreneurindia.com\/techshow\" style=\"\">Entrepreneur Tech & Innovation Summit<\/a><\/span><span style=\"font-weight:400;\">, Bengaluru.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22-24 April (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.renewx.in\/\" style=\"\">RenewX<\/a><\/span><span style=\"font-weight:400;\">, Chennai Trade Centre, Chennai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23-25 April (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/conclave.railanalysis.com\/\" style=\"\">Rail & Metro Technology Conclave<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">MAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1 May (Friday): Buddha Purnima.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26 May (Tuesday): Eid Ul-Adha.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15-17 June (Monday-Wednesday): Prime Minister Narendra Modi to attend <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/in.diplomatie.gouv.fr\/en\/meeting-between-minister-jean-noel-barrot-and-his-indian-counterpart-subrahmanyam-jaishankar\" style=\"\">G7 Summit<\/a><\/span><span style=\"font-weight:400;\"> in Evian, France.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-21 June (Thursday-Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bharatbuildcon.com\/\" style=\"\">Bharat Buildcon<\/a><\/span><span style=\"font-weight:400;\">, Yashobhoomi, Dwarka, Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24-25 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/homelandsecurityexpo.in\/datesvenue.php#\" style=\"\">India Homeland Security Expo<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, Pragati Maidan, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26 June (Friday): Muharram.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Signposted to happen sometime in 1H 2026:<\/span><\/p>\n<ul>\n<li><span>Signing of <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/india-qatar-trade-deal-by-q3-next-year-piyush-goyal\/articleshow\/124350957.cms\" style=\"\">India-Qatar FreeTrade Agreement<\/a><\/span><span style=\"font-weight:400;\"> (Details yet to be announced);<\/span><\/li>\n<li><span>India-EU Trade and Technology Council <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mea.gov.in\/press-releases.htm?dtl\/40336\/Joint_Press_Release_on_the_11th_India__EU_Foreign_Policy_and_Security_Consultations_and_the_6th_IndiaEU_Strategic_Partnership_Review_Meeting_in_Brusse\" style=\"\">Ministerial Meeting<\/a><\/span><span style=\"font-weight:400;\">, Brussels, Belgium;<\/span><\/li>\n<li><span>India to host the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.brics2026.gov.in\/\" style=\"\">Brics Summit<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-3 July (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/seafoodexpobharat.com\/index\" style=\"\">Seafood Expo Bharat<\/a><\/span><span style=\"font-weight:400;\">, Chennai Trade Centre, Chennai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-4 July (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.railtransexpo.com\/\" style=\"\">Rail & Transit Expo (RailTrans)<\/a><\/span><span style=\"font-weight:400;\">, Bharat Mandapam, New Delhi<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-10 July (Wednesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/indiaesa.info\/events\/ongoing-upcoming-events\/india-energy-storage-week-iesw-2026-international-conference-expo\" style=\"\">India Energy Storage Week<\/a><\/span><span style=\"font-weight:400;\">, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14-17 July (Tuesday-Friday) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.bharat-tex.com\/\" style=\"\">Bharat Tex<\/a><\/span><span style=\"font-weight:400;\">, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUGUST <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15 August (Saturday): Independence Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">26 August (Wednesday): Prophet Mohammad\u2019s Birthday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-3 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/aclk?sa=L&pf=1&ai=DChsSEwjR1K6gpvGSAxU_pGYCHQZsAUYYACICCAEQABoCc20&co=1&ase=2&gclid=CjwKCAiAkvDMBhBMEiwAnUA9BXlzJ_51NnncbXFGJPknsl9U8fuH_2DYylYR6Njl1Wiro3vTSETD5xoCGwwQAvD_BwE&cid=CAASWeRoxAKDvnN10uiAgADiP_tr-86MYgXL7w9NjAhW4jdTGhvec5zS3oLBMjYOXZ64qxxGvmWVO_5G_EzEFZoHOVFiOomp4ms3w-qvO03Ts6UmEToguhBh-lrZ&cce=2&category=acrcp_v1_32&sig=AOD64_1xqDEmbs2G1Mj41_lmIhdI16_KWQ&q&nis=4&adurl=https:\/\/www.powergen-india.com\/?utm_term%3Dindia%2520energy%2520week%25202026%26utm_campaign%3DWebsite%2Btraffic-Search-Middle%2BEast%26utm_source%3Dadwords%26utm_medium%3Dppc%26hsa_acc%3D1807191727%26hsa_cam%3D22568575893%26hsa_grp%3D190514884962%26hsa_ad%3D784973768390%26hsa_src%3Dg%26hsa_tgt%3Dkwd-2400878034891%26hsa_kw%3Dindia%2520energy%2520week%25202026%26hsa_mt%3Db%26hsa_net%3Dadwords%26hsa_ver%3D3%26utm_term%3Dindia%2520energy%2520week%25202026%26utm_campaign%3DWebsite%2Btraffic-Search-Middle%2BEast%26utm_source%3Dadwords%26utm_medium%3Dppc%26hsa_acc%3D1807191727%26hsa_cam%3D22568575893%26hsa_grp%3D190514884962%26hsa_ad%3D784973768390%26hsa_src%3Dg%26hsa_tgt%3Dkwd-2400878034891%26hsa_kw%3Dindia%2520energy%2520week%25202026%26hsa_mt%3Db%26hsa_net%3Dadwords%26hsa_ver%3D3%26gad_source%3D1%26gad_campaignid%3D22568575893%26gbraid%3D0AAAAADNNyGn8-eBzAmsh-acyTdAdwavkR%26gclid%3DCjwKCAiAkvDMBhBMEiwAnUA9BXlzJ_51NnncbXFGJPknsl9U8fuH_2DYylYR6Njl1Wiro3vTSETD5xoCGwwQAvD_BwE&ved=2ahUKEwilpKOgpvGSAxVzg2MGHXWoGhYQ0Qx6BAgfEAE\" style=\"\">India Energy Week<\/a><\/span><span style=\"font-weight:400;\">, Dwarka, New Delhi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-11 September (Tuesday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.globalfintechfest.com\/\" style=\"\">Global Fintech Fest<\/a><\/span><span style=\"font-weight:400;\">, Mumbai.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-19 September (Thursday-Saturday) : <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.semiconindia.org\/\" style=\"\">Semicon India Conference<\/a><\/span><span style=\"font-weight:400;\">, Yashobhoomi, Delhi. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2 October (Friday): Gandhi Jayanti (Mahatma Gandhi\u2019s Birthday).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20 October (Tuesday): Dussehra.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">24 November (Tuesday): Guru Nanak Jayanti.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8-11 December (Tuesday-Thursday), <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/expandnorthstar.com\/\" style=\"\">Expand North Star<\/a><\/span><span style=\"font-weight:400;\">, Dubai. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">25 December (Friday): Christmas Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Signposted to happen sometime in 2H 2026:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Monsoon Session of Parliament, New Delhi is expected to be held between July-August. Dates yet to be announced;<\/span><\/li>\n<li><span style=\"font-weight:400;\">Reserve Bank of India\u2019s Monetary Policy Committee meeting for the September cycle. Dates yet to be announced;<\/span><\/li>\n<li><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.indiamobilecongress.com\/\" style=\"\">India Mobile Congress<\/a><\/span><span style=\"font-weight:400;\">, New Delhi will likely be held in October. Dates yet to be announced.<\/span><\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>More India-bound LPG tankers clear Hormuz | Emirates NBD advances RBL Bank acquisition | Lohum sets up Sharjah hub for battery recycling<\/p>\n","protected":false},"featured_media":88289,"menu_order":0,"template":"","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-88288","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2a2915df-ff82-4575-9fd1-6f04f8aa894c","teaser":"More India-bound LPG tankers clear Hormuz | Emirates NBD advances RBL Bank acquisition | Lohum sets up Sharjah hub for battery recycling","photo_url":"https:\/\/ent.news\/2025\/11\/1620.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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