Topic
record high
Logistics Crude tanker orders hit record high as owners rush to secure VLCC and suezmax capacity
Crude tanker newbuilding orders have hit an all-time high in 2026, with 60m deadweight tonnes contracted across 234 vessels, led by a surge in VLCC orders. The orderbook stands at a record 130m dwt, equivalent to 27% of the existing fleet. High freight rates and fleet ageing are driving the ordering wave, with China dominating shipbuilding and Greece the top ordering nation.
Commodities India's Foodgrain Reserves Hit Record 122 mt as El Nino Looms Over 2026 Kharif Crop
India's Central Pool foodgrain reserves hit a record 122.64 million tonnes as of June 1, 2026, sufficient to sustain welfare programmes for over two years. This buffer comes as El Nino threatens the 2026 kharif crop, with the government targeting 176.16 mt of foodgrain production despite a below-normal monsoon forecast.
Commodities Natural Rubber Prices Hit Record High Amid Global Supply Challenges
Natural rubber prices have surged to a record ₹267 per kg, driven by global supply shortages and rising international rates. Weather disruptions and geopolitical tensions have exacerbated the supply-demand imbalance.
Business S&P 500 Near Record as Nvidia Gains Offset Oil Concerns
The S&P 500 remains near record levels, buoyed by Nvidia's gains despite rising oil prices due to US-Iran tensions. Nvidia's advancements in AI and Berkshire Hathaway's acquisition of Taylor Morrison Home are key highlights.