Follow the latest finance news, market trends, economic developments, policy updates, and business insights shaping global and national economies.
FinanceTwo oil tankers carrying about three million barrels of crude have reached India after crossing the Strait of Hormuz. Their arrival offers hope that more energy shipments stuck in the Persian Gulf may soon reach India despite disruptions caused by the West Asia conflict.
FinanceIndia is activating alternative fuels such as kerosene, coal and biomass as LPG imports face disruption due to the West Asia conflict. The government says household cooking gas supplies remain protected while measures aim to curb panic bookings and ensure fair distribution across the country.
FinanceThe United States has launched Section 301 investigations into India, China and several other trading partners over concerns about manufacturing overcapacity and trade practices. India says it is reviewing the move carefully and will decide its response after assessing the legal and economic implications.
FinanceQantas has agreed to pay $74m to settle a class action lawsuit claiming it failed to provide cash refunds for cancelled flights during the Covid-19 pandemic. Passengers were instead issued travel credits, prompting allegations that the airline breached consumer protection laws.
FinanceSilver prices dropped more than 2% in futures trading, settling near ₹2.62 lakh per kilogram on the Multi Commodity Exchange. The decline reflects inflation concerns and global economic uncertainty weighing on precious metals.
FinanceThe Iran war has revealed the world’s deep reliance on oil and gas from the Gulf region. Disruptions around the Strait of Hormuz have pushed prices sharply higher and exposed the vulnerability of Asian economies that depend heavily on Middle Eastern energy imports.
FinanceOil prices surged back above $100 a barrel despite a record emergency reserve release by the International Energy Agency. Attacks on cargo vessels and threats from Iran to block the Strait of Hormuz have heightened fears of prolonged supply disruption and global economic fallout.
FinanceCountries belonging to the International Energy Agency have agreed to release a record 400 million barrels of oil from emergency reserves. The move aims to ease supply shortages after the Iran war disrupted shipping through the Strait of Hormuz and pushed global oil prices sharply higher.
FinanceIndia’s finance ministry has sought Parliament approval for ₹2.81 lakh crore in additional spending for FY26. The proposal includes higher fertilizer subsidies and transfers to an Economic Stabilization Fund designed to protect the economy from global volatility and rising commodity prices.
FinanceElon Musk’s artificial intelligence company xAI has received a permit to operate turbines at a Mississippi facility, despite growing concerns from environmental groups and local communities about pollution and health risks linked to the AI data center’s energy use.
FinanceIndian benchmark indices Sensex and Nifty rebounded after two days of sharp declines as crude oil prices dropped and global markets rallied. The recovery improved investor sentiment amid hopes of easing geopolitical tensions affecting global energy markets.
FinanceBrazilian meat processor Frigol plans to increase beef output by 60% after striking deals with slaughterhouses in northern Brazil. The expansion aims to boost exports to major markets including China and the United States amid strong global demand for Brazilian beef.