Moody’s flags higher risks for Indian banks from Middle East crisis as oil prices stay elevated

Amid the ongoing stalemate over US-Iran deal, credit rating agency Moody’s Ratings on Wednesday said Indian banks are among the more exposed lenders in the Asia-Pacific region to risks arising from the ongoing Middle East crisis because of India’s heavy dependence on energy imports from the region, PTI reported.The ratings agency said sustained high oil…

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Safety plans, feasibility study at 24 sites for water sports to help boost tourism | Bhubaneswar News

Adventure sports activities can boost tourism Bhubaneswar: The tourism department has roped in the Goa-based National Institute of Water Sports (NIWS) to carry out a feasibility study in water bodies across Odisha and prepare safety management plans for water sports activities.The initiative aims to assess the viability of introducing water sports facilities while ensuring tourist…

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