UK Maritime Trade Operations said the crew and vessel are safe and no environmental damage has been reported.

Reserve Bank of India governor proposed a regulatory framework to unify and standardize lending rates. He said stronger Indian macro fundamentals should help the economy absorb global shocks.

UK July services PMI (final) rose to 52.1 from June's 48.8, above the preliminary 51.8, marking the first expansion since April; the composite PMI, which includes smaller manufacturing, climbed to 52.2 from 49.3 and moved back above the 50 growth threshold. S&P Global said the services new orders index jumped to 50.8 from 47.6, the strongest since February and ending a four‑month decline; new export orders fell for a fifth month but by the smallest margin in that period. Firms' one‑year activity expectations rose to their highest level since before the Iran war erupted in February. Tim Moore, chief economist at S&P Global Market Intelligence, said stronger growth expectations partly reflect hopes of easing Middle East tensions and recent signs of easing inf pressure.