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MCA to examine litigation funding for PUFE transactions under insolvency

The MCA will study third-party litigation funding for PUFE transactions as funds worth over Rs 4.38 lakh crore remain locked in avoidance proceedings under the insolvency regime.

MCA to examine litigation funding for PUFE transactions under insolvency

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The Rhine drops below 10 cm at Kaub, disrupting European oil logistics

Water levels on the Rhine dipped below 10 centimeters Aug. 14, marking a record low at the Kaub chokepoint and threatening to disrupt fuel supply chains across Europe as the key trade artery becomes…

  • Rhine river drops to historic low of 10 cm at Kaub chokepoint
  • Fuel supply chains disrupted, freight costs surge to €276.67/mt
  • German economists predict 0.3% GDP growth reduction this year

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