Asian stock markets began March in red, as investors reacted to increased to increasing tensions in the Middle East and stronger than expected US inflation data. Japan’s Nikkei 225 fell sharply, losing over 2%, before easing to a 1.5% drop at 57,947, shedding over 900 points by 9:15. In Hong Kong, Hang Seng declined 1.7% … Read more
NEW DELHI: Brent crude jumped 10% to about $80 a barrel in over-the-counter trade Sunday, reflecting growing anxiety over potential supply disruptions through the Strait of Hormuz, a critical energy chokepoint for India and much of Asia. Amid the supply fears, OPEC producers met Sunday and decided to increase crude output in a phased manner … Read more
Global oil markets are heading into a volatile phase as escalating tensions in the Middle East raise fears of supply disruption through one of the world’s most critical energy corridors, with analysts warning that crude prices could surge sharply if the conflict deepens.Khamenei’s death, confirmed by Iranian state media earlier, triggered warnings about strong retaliation … Read more
Exporters have raised strong concerns that the conflict could disrupt shipping through the Strait of Hormuz. (AI image) What will be the impact of the ongoing tensions in the Middle East on India’s trade, exports, crude oil and LPG supply? Growing geopolitical tensions in the Middle East following military strikes by the United States and … Read more
India’s automobile industry sustained its growth momentum in February, with leading carmakers reporting higher dispatches to dealers as steady consumer demand supported sales across passenger vehicles and utility segments.Leading automakers Maruti Suzuki, Tata Motors Passenger Vehicles, Mahindra & Mahindra and Hyundai posted an increase in vehicle dispatches last month, reflecting continued strength in the domestic … Read more
Raising a child in today’s economy isn’t just about love, care, and dreams. It’s more about smart planning and careful budgeting. Even before the baby is born, mamma and papa are already thinking ahead, carefully categorizing their everyday savings to secure their child’s future.As the cost of raising babies into full fledged adults continues to … Read more
Former RBI governor Shaktikanta Das (File photo) MUMBAI: Former RBI governor Shaktikanta Das said that in the next decade, the Indian economy will be determining the shape of global growth.“The coming decade will not be one where India simply participates in global growth, but one where India shapes it,” he said, framing macroeconomic stability and … Read more
NEW DELHI: The Ministry of Civil Aviation (MoCA) said that more than 410 flights operated by domestic carriers were cancelled on Saturday and around 444 flights are expected to be cancelled on Sunday as airspace restrictions continue over Iran and parts of the Middle East. In a post on X, the ministry stated: “Due to … Read more
NEW DELHI: The military strikes on Saturday put the spotlight on the Strait of Hormuz, a critical global shipping route for India and other Asian countries, prompting officials here to activate contingency plans to safeguard energy supplies, reports Atul Mathur.While keeping a close watch on the unfolding situation, they also have an eye on crude … Read more
UAE Food Stock Update: Are Supermarkets Running Out Amid Iran–US-Israel Tensions? Amid escalating geopolitical tensions in West Asia, including recent missile exchanges involving Iran, the United States and Israel that rattled Gulf cities and triggered regional alerts, the United Arab Emirates has reassured the public that its markets remain stable and strategic food reserves are … Read more