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TREND | 21 Sep 2025, 11:17PM

Western oil sanctions fuel Russia's growing shadow fleet, illicit trade

Business Standard

The shadow fleet accounts for about 17 per cent of all in-service oil tankers sailing the ocean today, according to S&P Global Market Intelligence, a research firm

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

World Economy and Markets

TREND | 21 Sep 2025, 04:51PM

India has not significantly advanced its CBAM preparedness: GTRI

Business Standard

With just 100 days left for the European Union to impose a carbon tax on several products, including metals, the government and the Indian exporters both have not yet taken significant steps to address this barrier, think tank GTRI said on Sunday. Indian exporters of steel and aluminum are staring at a fresh cost shock as the European Union (EU) begins collecting its Carbon Border Adjustment Mechanism (CBAM) levy from January 1, 2026. The CBAM Regulation notified in May 2023, will initially cover iron and steel, aluminum, cement, electricity, hydrogen, and fertilisers. Over the next few years, the EU plans to extend CBAM to cover all major industrial products. It is designed to equalise carbon costs between EU-made and imported goods. From January 2026, the EU will charge a carbon tariff on selected imports, using the EU Emissions Trading System (ETS) price and adjusting for any carbon price already paid in the exporting country. "Despite having a two-year transition period since

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

World Economy and Markets

TREND | 21 Sep 2025, 03:32PM

Trump renews pressure on Europe to stop buying Russian oil

Business Line

The EU has already passed a ban that will prohibit importing petroleum products refined from Russia crude starting next year, and the bloc is discussing banning imports of Russian liquefied natural gas from 2027

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

Trump renews pressure on European countries to stop buying oil from Russia

Business Standard | 21 Sep 2025, 01:27PM 2 more

World Economy and Markets

TREND | 21 Sep 2025, 11:09AM

Trump Renews Pressure On Europe To Stop Buying Russian Oil

NDTV Profit

Trump suggested that Matt Whitaker, the U.S. ambassador to the North Atlantic Treaty Organization, increase pressure on Europe.

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

World Economy and Markets

TREND | 20 Sep 2025, 10:17PM

Proxy wars, ISIS key threats, graft in security bodies must end: NIA chief

Business Standard

Proxy wars and the ISIS are major challenges for India, said National Investigation Agency (NIA) chief Sadanand Date on Saturday, underscoring that corruption within institutions responsible for national security must end to tackle new hurdles. He was in Pune to attend an event where he gave a lecture on India's internal security and its challenges. While Naxalism, Khalistani elements and separatism remain internal challenges, proxy wars and the terror group Islamic State of Iraq and Syria (ISIS) pose a major threat to the nation, said the director general of the country's premier anti-terror probe agency. First, some countries are trying to disrupt our progress through proxy wars, and the second is ISIS. If we want to withstand new challenges, we must strengthen democracy. If we want to respond effectively to challenges, corruption within institutions responsible for national security must also end, said the senior IPS officer. India faces many internal threats, including terroris

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

World Economy and Markets

TREND | 20 Sep 2025, 02:39PM

Cyberattack disrupts check-in, boarding systems at major European airports

Business Standard

A cyberattack targeting check-in and boarding systems has snarled air traffic and caused delays at some of Europe's top airports, officials said Saturday. The Brussels airport says the attack means that only manual check-in and boarding was possible there, and the incident was having a large impact on flight schedules. There was a cyberattack on Friday night 19 September against the service provider for the check-in and boarding systems affecting several European airports including Brussels Airport, it said in a statement. Authorities at Berlin's Brandenburg Airport said a service provider for passenger handling systems was attacked on Friday evening, prompting airport operators to cut off connections to the systems. London Heathrow Airport, Europe's busiest, said a technical issue affected a service provider for check-in and boarding systems. Collins Aerospace, which provides check-in and boarding systems for several airlines across multiple airports globally, is experiencing a .

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

World Economy and Markets

TREND | 20 Sep 2025, 02:37PM

3 killed, dozens injured as Russia launches large-scale attack on Ukraine

Business Standard

Russia launched a large-scale missile and drone attack targeting regions across Ukraine early on Saturday, killing at least three people and wounding dozens more, Ukrainian officials said. Ukrainian President Volodymyr Zelenskyy said attacks took place across nine regions, including Dnipropetrovsk, Mykolaiv, Chernihiv, Zaporizhzhia, Poltava, Kyiv, Odesa, Sumy and Kharkiv. The enemy's target was our infrastructure, residential areas and civilian enterprises, he said, adding that a missile equipped with cluster munitions struck a multi-story building in the city of Dnipro. Each such strike is not a military necessity but a deliberate strategy by Russia to intimidate civilians and destroy our infrastructure, he said in a statement on his official Telegram. At least 26 people were injured in the attack in Ukraine's central Dnipropetrovsk region, local governor Serhii Lysak said. Several high-rise buildings and homes were damaged in the eastern city of Dnipro. In the Kyiv region, local

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

UN Security Council votes down effort to halt Iran snapback sanctions

Business Standard | 19 Sep 2025 9 more

World Economy and Markets

TREND | 20 Sep 2025, 10:40AM

EU to stop Russian LNG imports, targets crypto in 19th sanctions package

Business Standard

The sanctions come days after United States President Donald Trump urged Nato nations to halt oil purchases from Moscow and impose penalties on countries continuing energy trade with Russia

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

After Trump pressure, EU aims to bring forward Russian LNG import ban

Business Standard | 19 Sep 2025 6 more

World Economy and Markets

TREND | 20 Sep 2025, 09:20AM

Wall Street Week Ahead-US housing shares shine as Fed restarts rate cuts

Economic Times

The U.S. Federal Reserve's recent interest rate cut, the first since December, has sparked optimism for housing shares. This move, aimed at bolstering a shaky labor market, could lower mortgage rates and stimulate economic activity.

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.

World Economy and Markets

TREND | 20 Sep 2025, 08:07AM

Wall Street closes higher with indexes notching weekly gains

Economic Times

Wall Street's main indexes closed higher on Friday, securing a weekly gain fueled by FedEx's strong earnings and positive sentiment in the technology sector. Optimism surrounding AI-linked stocks and the Fed's anticipated rate cuts further boosted the market. However, concerns arose from a blocked funding bill and Lennar's disappointing forecast, adding a layer of caution to the overall positive trend.

Axis Direct released a Daily Note report for World Economy and Markets on 19 Sep, 2025.