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BusinessPhoto: Hindu Business

Indian Oil to Buy Crude and LPG Ships Amid West Asia Shipping Crisis

Indian Oil Corporation (IOC) plans to acquire its own crude oil and liquefied petroleum gas (LPG) carriers due to shipping disruptions near the Strait of Hormuz and rising freight costs. The IOC board has approved purchasing several vessels, with tenders issued months ago. Director of Finance Anuj Jain highlighted volatile crude prices and projected LPG under-recoveries of ₹309 and ₹370 per cylinder for November and December. IOC is also considering building ships in India under the Make in India initiative.

Hindu Business··New Delhi

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PoliticsPhoto: Deccan Herald

BJP Criticizes Congress President Kharge for Calling Diwali 'Khushiyon Ka Eid'

The BJP criticized Congress president Mallikarjun Kharge after he referred to Diwali as 'Khushiyon Ka Eid' during a media interaction. BJP spokesperson Pradeep Bhandari accused Kharge of appeasement politics and labeled him 'anti-Sanatan.' Bhandari also referenced Sonia Gandhi's recent comments on the 1992 Babri Masjid demolition, accusing Congress of focusing on vote-bank appeasement even during Diwali.

Deccan Herald·

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BusinessPhoto: TOI World

Ohio Homeowner Must Pay Contractor $45,806 Despite Cosmetic Basement Flaws

An Ohio homeowner was ordered to pay a contractor $45,806 for a concrete foundation with cosmetic defects in the basement walls. The court ruled that the structural integrity was intact despite visible surface flaws. The homeowner's refusal to pay, citing reduced property value, was rejected. The appeals court upheld the decision, prioritizing structural safety over cosmetic issues.

TOI World·

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PoliticsPhoto: NDTV Business

Gadi Eisenkot Asked to Form Israel's Next Government

Israeli President Isaac Herzog has officially assigned opposition leader Gadi Eisenkot the task of forming the next government. Eisenkot has six weeks to build a coalition after Benjamin Netanyahu lost his parliamentary majority, marking a significant political shift in Israel.

NDTV Business·

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EntertainmentPhoto: Amar Entertainment

Ramayana Box Office: Film's Fourth Day Earnings on Diwali

The big-budget film 'Ramayana' was released in theaters on November 5. It has received a positive response both in India and abroad. On its fourth day, the film is being shown in 18,466 shows across the country, indicating strong audience interest during the Diwali festival.

Amar Entertainment·

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WorldPhoto: HT World

Iran Denies US Attacks After Blasts in Southern Region; Both Report Ship Strikes

Iranian media reported that explosions in southern Iran on Saturday evening were linked to Iranian military activities, not US strikes. Both Iran and the US confirmed attacks on ships near the Strait of Hormuz. Iran said two vessels hit mines and a third caught fire, while the US disabled a vessel in the Gulf of Oman. No official confirmation of missile strikes on Iranian territory was given.

HT World·

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