LONDON/HOUSTON/SINGAPORE, June 23: The oil price bubble has burst. Wood Mackenzie forecasts Brent averaging $78 a barrel in 2027 and potentially easing to $70/bbl by Q4 2027, following a US-Iran Memorandum of Understanding that has shifted market sentiment away from a prolonged Strait of Hormuz closure. The pressure to reach an agreement was acute. On…
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Dr. K. Paul Thomas Elected Chairman of Sa-Dhan
Kochi , June 23: Dr. K. Paul Thomas, Managing Director & CEO of ESAF Small Finance Bank, has been elected as the Chairman of Sa–Dhan, the Reserve Bank of India -recognised Self-Regulatory Organisation for microfinance and the apex association of microfinance and impact finance institutions in the country. The election took place during Sa–Dhan‘s Annual General Meetingheld in Kolkata,…
Continue ReadingAlila Diwa Goa Appoints Takshila Chheda as Area Director – Digital Marketing
June 23: Alila Diwa Goa has appointed Takshila Chheda as Area Director – Digital Marketing. Prior to this, Takshila used to lead digital marketing for North, East and West India at Hyatt Hotels. In this new role at Hyatt Hotels, Takshila’s scope will include leading digital marketing for the Goa…
Continue Readingfäm Properties closes AED124 million office sale at Vision Tower, Business Bay
Approximately 40,000 square feet of Grade A office space changes hands, underlining sustained demand for prime business district assets in Dubai Dubai, UAE, 22nd June 2026: fäm Properties has facilitated the sale of approximately 40,000 square feet of office space at Vision Tower in Business Bay for AED124 million, the…
Continue ReadingCarne Group appoints John Parkhouse as President to accelerate execution of its growth strategy
London, 22nd June 2026 – Carne Group (Carne), Europe’s largest third-party management company, today announced the appointment of John Parkhouse as President, strengthening its leadership as the firm accelerates execution of its long-term, client-led growth strategy. John Parkhouse brings more than 30 years’ experience in international financial services and asset management. He joins…
Continue ReadingBlum TANDEMBOX antaro Blum box system for diverse drawer applications
Blum’s TANDEMBOX antaro, a full extension double-walled box system, provides a tried and tested cabinet profile, award-winning design, minimalist design and diverse options. This setup makes it perfect for countless drawer designs, including standard drawers to inner drawers and high-fronted pull-outs in the kitchen, bathroom or any living area. Drawers…
Continue ReadingVBJ Unveils Its Parro Collection Inspired By Nature, Crafted With Heritage
Mumbai, June 22: VBJ, Vummidi Bangaru Jewellers, India’s most trusted heirloom jewellery brand, proudly introduces PARRO – THE SIGNATURE PARROT COLLECTION inspired by one of nature’s most captivating creations, the parrot. Revered across cultures as a symbol of prosperity, love, intelligence and freedom, the parrot becomes the muse for a…
Continue ReadingCentre Rules Out Stake Sale in Cochin Shipyard for Now
June 22: The Central Government has clarified that there are currently no plans to divest its stake in Cochin Shipyard Limited, reaffirming its commitment to the strategic public sector enterprise. The clarification comes amid discussions surrounding the government’s disinvestment programme and the future of public sector undertakings. Officials stated that…
Continue ReadingSEBI Move to Lower Margin Burden Expected to Strengthen Commodity Markets
June 22: The Securities and Exchange Board of India (SEBI) has eased margin requirements for commodity derivatives positions that are backed by the early pay-in of underlying goods, a move aimed at improving market efficiency and reducing costs for participants. The regulatory change is expected to benefit traders, hedgers, and…
Continue ReadingNSE and Bharat Metal Exchange Collaborate to Expand Non-Ferrous Derivatives Market
June 22: National Stock Exchange of India has entered into a strategic partnership with Bharat Metal Exchange to support the development and growth of India’s non-ferrous metal derivatives market. The collaboration aims to enhance market participation, improve price discovery mechanisms, and strengthen the overall ecosystem for trading non-ferrous metal derivatives…
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