Govt e-Marketplace reports 7.4% fall in transactions

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GCC demand surges: Foreign firms lease record 9.1 mn sq ft office space in Jan-Mar; India cements global hub status

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IPO pipeline builds up; 38 companies file papers in March

Issuer sentiment is improving as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with Sebi in March. This surge, a significant jump from previous years, indicates a stronger pipeline of public issues, with more high-profile companies expected to follow suit.

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OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war

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US-Iran conflict: Middle East war sends US fuel prices soaring, surcharges kick in

Escalating Middle East tensions are driving up fuel costs in the US, impacting daily life and business operations. Petrol prices have surged over a dollar, with diesel seeing an even steeper increase, prompting companies like Amazon and airlines to implement surcharges. Experts warn of broader economic repercussions and consumer price hikes as supply chain pressures mount.

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Tank full, wallet empty? Hong Kong’s petrol prices worst hit amid Iran war

Global energy prices are soaring due to Middle East conflict, with Hong Kong experiencing the world's highest petrol costs. Despite this, authorities assure supply stability, largely from mainland China. The high prices, driven by duties and land costs, impact logistics and inflation, prompting some drivers to refuel across the border.

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Hormuz supply crunch: Rising energy prices impact roads, airlines and restaurants

Global energy prices are soaring due to the Middle East conflict and Strait of Hormuz issues. This is significantly impacting India's economy. Road construction costs are rising, and airlines face higher fuel expenses. Hotels and restaurants are also feeling the pinch with increased LPG prices. Businesses are adjusting to these escalating costs, with some considering price hikes.

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