Riyadh seeks access to overseas storage

Economic Times - Oct 22, 2026

The move follows a flurry of attacks by Yemen's Houthis on infrastructure. "Commercial storage available through partners is limited. The larger capacity lies in what we call strategic storage owned by governments," Nasser said in an interview.

Read full article
More News
India, Poland push for stronger trade and defence ties
Oct 22, 2026
India, Poland push for stronger trade and defence ties

India and Poland are strengthening their collaboration in various sectors, particularly defence and space. Prime Minister Narendra Modi and Polish counterpart Donald Tusk discussed trade enhancement and global governance reforms. Both leaders expressed concern over the ongoing war in Ukraine and its humanitarian impact. They emphasized the importance of a comprehensive peace in line with international law. Tusk reiterated Poland's support for India's position in global forums like the UN.

Manoj Jarange releases Rs 500 crore audio clip; Shinde Sena seeks answers from BJP
Oct 22, 2026
Manoj Jarange releases Rs 500 crore audio clip; Shinde Sena seeks answers from BJP

While Patil has sought a probe into the matter, claiming the clip was made to defame him, Shiv Sena has demanded a probe to know the identity of the leaders involved and the action BJP would take against them.

Centre flags land, green tape hurdles in infra projects
Oct 22, 2026
Centre flags land, green tape hurdles in infra projects

Delays in land acquisition and obtaining various environmental clearances have significantly impacted the progress of infrastructure projects. Although central agencies are improving approval times, states are still facing lengthy procedures for necessary permits. Utility shifting is also causing major disruptions, often taking longer than projected. The recent analysis reveals a considerable increase in costs due to pre-construction delays.

Aramco asks staff to evacuate Dhahran HQ; US pulls out some Saudi diplomats
Oct 22, 2026
Aramco asks staff to evacuate Dhahran HQ; US pulls out some Saudi diplomats

Clashes between the Houthis and a Saudi-led coalition that backs Yemen's internationally recognised government have raged since the group pushed towards Bab el-Mandeb, a shipping chokepoint at the Red Sea's mouth.

RBI asks banks, payment firms to forensically clear tech environments in case of a data breach
Oct 22, 2026
RBI asks banks, payment firms to forensically clear tech environments in case of a data breach

The RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor authentication for administrative access, and restrict access to cloud and backend systems on a least-privilege basis. The measures include auditing source code, repositories, configuration files, client applications and cloud storage for exposed credentials, and immediately rotating and purging compromised credentials.

Shelved plan to rename Atlantic after Sundar Pichai's no: Donald Trump
Oct 22, 2026
Shelved plan to rename Atlantic after Sundar Pichai's no: Donald Trump

Addressing a rally in South Carolina on Wednesday, Trump appeared to suggest that his move to rename Lake Ontario as Lake America had encouraged him to consider renaming the Pacific or Atlantic Ocean.

Treasuries see best day in over a year as AI selloff revives haven demand
Oct 22, 2026
Treasuries see best day in over a year as AI selloff revives haven demand

US Treasury bonds surged as a sharp selloff in AI-linked stocks revived demand for safe-haven assets. Treasury yields posted their biggest declines in more than a year, despite Brent crude rising above $112 a barrel. Investors also scaled back expectations for a December Fed rate hike amid growing concerns over AI spending and US growth.

Centre betraying people of Ladakh: Sonam Wangchuk
Oct 22, 2026
Centre betraying people of Ladakh: Sonam Wangchuk

"It was MHA that proposed a meeting on October 22 and asked us to come to Delhi, saying it would arrange a meeting. Accordingly, we made our plans and booked tickets to Delhi for October 22. I have arrived here today (October 22) but we are now being told that nobody seems to know about the meeting," Wangchuk said.

Centre betraying people of Ladakh: Sonam Wangchuk
Oct 22, 2026
Centre betraying people of Ladakh: Sonam Wangchuk

"It was MHA that proposed a meeting on October 22 and asked us to come to Delhi, saying it would arrange a meeting. Accordingly, we made our plans and booked tickets to Delhi for October 22. I have arrived here today (October 22) but we are now being told that nobody seems to know about the meeting," Wangchuk said.

SoftBank's market cap halves from peak over AI fears
Oct 22, 2026
SoftBank's market cap halves from peak over AI fears

Global concerns over AI spending had accelerated after America-based cloud-computing provider CoreWeave Inc.'s bonds fell to levels associated with distress, exposing financing risks across the industry.

‘Emotional family tax’: Man lends Rs 2 lakh to relative without telling wife, they call him arrogant when he asks for money back
Oct 22, 2026
‘Emotional family tax’: Man lends Rs 2 lakh to relative without telling wife, they call him arrogant when he asks for money back

A man earning a combined Rs 3.5 lakh a month with his wife has recounted how lending Rs 2 lakh to a relative without consulting her led to marital tension and a dispute over repayment. The borrower had reportedly promised to return the money within 30 days but failed to do so, later allegedly accusing the lender of arrogance for asking for it back. The Reddit post triggered a discussion about financial boundaries, trust and the risks of lending money to relatives.

Recommended
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.