“The West Asia war set unprecedented challenges for India too,” he said. Prime Minister Narendra Modi on Monday described the situation in the Middle East as “worrisome,” noting that it is significantly affecting the global economy as well as people’s livelihoods. “The West Asia war set unprecedented challenges for India too. The West Asia conflict … Read more
The Strait of Hormuz is a crucial passage linking oil and gas producers in the Persian Gulf to global markets. (AI image) India’s immediate LPG crisis seems to be easing with tankers coming in and domestic production stepped up to meet needs. Two more Indian-flagged ships carrying liquefied petroleum gas (LPG) are currently transiting the … Read more
NEW DELHI: The Directorate General of Trade Remedies (DGTR), a body under the Union commerce ministry, has recommended the imposition of anti-dumping duties on Chinese viscose rayon filament yarn (above 75 deniers)—a widely used man-made textile fibre, according to a government notification issued on Monday.The proposed duties include $386 per metric tonne for Xinxiang Chemical … Read more
During the first three months of 2026, Argentina exported 50,000 tonnes of LPG to India. (AI image) LPG crisis: India’s imports of LPG from Argentina have more than doubled in the first few months of 2026 as the ongoing conflict in the Middle East continues to disrupt supplies of liquified petroleum gas for India. India … Read more
KOLKATA: Mounting uncertainties over global energy supply amid tensions in West Asia have prompted the Centre to explore fresh measures to manage domestic LPG availability, such as providing lesser volume of the fuel in refilled cylinders and further extending the waiting period for ordering a refill.Currently, each domestic cylinder contains 14.2kg LPG. Sources said the … Read more
HDFC Bank share price today: Shares of HDFC Bank. India’s largest private sector bank, tanked by as much as 3 per cent on Monday, touching an intraday low of Rs 756.30. The stock has now extended its losing streak to four sessions, slipping around 10 per cent over this period and wiping out nearly Rs … Read more
The immediate resistance is seen near Rs 142,000-145,000, which aligns with the middle Bollinger Band and prior support zone. (AI image) Gold price prediction today: Gold is seeing intense selling pressure and this is likely to continue this week amid global tensions, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold … Read more
As tensions in the Middle East stretch into their fourth week, shockwaves are now being felt across global markets and gold is no exception. The precious metal has taken a sharp hit, tumbling to its steepest weekly fall in nearly four decades, with prices reaching $4,354 per ounce.The fall marks a swift retreat from levels … Read more
The ongoing war in the Middle East has triggered an energy crisis for the world and “no country is immune” to its shockwaves, the International Energy Agency (IEA) warned on Monday. Addressing the National Press Club in Australia’s capital, Birol said the current situation has evolved into an unprecedented disruption, combining multiple shocks to oil … Read more
Rupee began the week on a red note, tumbling to its record low in early trade. The currency dropped 33 paise to hit a record low of 93.86 against the US dollar, slipping past its previous trough of 93.7350 recorded on Friday. The fall comes as boiling tensions in the Middle East have fueled fears … Read more