1. Business & Economy

Business & Economy

Safe-haven assets likely to rally as Middle East tension deepens

  New Delhi:  Safe‑haven currencies, from the dollar to the yen and gold, are expected to rally and equity sentiment could worsen due to supply chain disruption amid escalation of the US-Iran war, a report…

Sensex, Nifty bounce back strongly as global tensions ease

Mumbai: Indian stock markets ended sharply higher on Thursday, with benchmark indices logging their best session in over a month as easing geopolitical tensions between the United States and Iran boosted investor confidence. The Nifty…

Asia must stay agile and prepared as global shocks become more frequent: IMF Chief

New Delhi: Policymakers and businesses in Asia must remain agile and financially strong as the world faces more frequent and unpredictable shocks, Kristalina Georgieva, Managing Director of the International Monetary Fund, said on Thursday. Speaking…

Oil prices surge to $91.84 per barrel amid rising Middle East tensions

  New Delhi: Crude oil prices surged further on Saturday to reach $91.84 per barrel amid the escalating US-Israel and Iran war. Brent crude reached $91.84 while West Texas Intermediate (WTI) hit $89.62. With this,…

India has 250 million barrels of crude, petro products; 7-8 weeks of buffer across supply chain

  New Delhi: Top government sources on Saturday allayed fears that current global energy situation can become a crisis for India, saying that the country currently holds over 250 million barrels (around 4,000 crore litres)…

US launches $20 billion Gulf shipping insurance pla

  Washington: The United States unveiled a $20 billion maritime reinsurance plan aimed at protecting shipping and stabilising trade through the Gulf region amid tensions linked to the conflict with Iran. The initiative was announced…

No major impact on India due to rise in global oil price: FM Sitharaman

New Delhi: The impact of the rise in global crude oil prices on the rate of inflation in India is not estimated to be substantial at this point, as the country’s inflation is near the…

Oil prices plunge 30 pc from record high, slip below $90 a barrel

New Delhi: Oil prices declined sharply on Tuesday, trading below $90 per barrel after US President Donald Trump predicted the war in the Middle East could end soon. Brent futures declined as much as 10.85…

US bars foreign nationals from small business loan access

Washington: The US Small Business Administration (SBA) has announced a new policy barring foreign nationals and non-citizens from accessing federally backed small business loans, saying the move is aimed at prioritising American entrepreneurs amid rising…

Oppn flags gas shortage, price rise amid West Asia tensions; Govt allies dismiss panic

New Delhi: Opposition leaders on Tuesday raised concerns over a possible shortage of LPG cylinders and rising petrol and LPG prices amid tensions in West Asia, stating that disruptions in fuel and gas supply are…

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