With tensions escalating in West Asia, the International Monetary Fund on Tuesday said it is closely tracking the situation but cautioned that it is “too early to assess the economic impact on the region and the global economy,” as disruptions to trade and energy markets intensify.In a statement, the IMF said it has “observed disruptions … Read more
A fresh wave of global selling pressure hit Wall Street on Tuesday, as escalating tensions involving Iran deepened fears of prolonged economic disruption. The S&P 500 fell 1.8 per cent in early trade. The Dow Jones Industrial Average was down 907 points, or 1.9 per cent, as of 9:35 am Eastern time, while the Nasdaq … Read more
India’s white-collar job market grew 12 per cent year-on-year in February, driven by rising adoption of artificial intelligence (AI) and a recovery in the IT sector, according to the latest Naukri JobSpeak Index report.The index rose to 3,233 points in February 2026 from 2,890 points in February 2025, marking the strongest February performance in recent … Read more
The ongoing conflict in the Middle East could discourage investment flows into India and offset the growth benefits expected from trade deals with the European Union and the United States, Fitch Group company BMI said on Tuesday.In its latest India outlook report, BMI retained its FY2026/27 GDP growth projection at 7 per cent despite flagging … Read more
Hardeep Singh Puri chairs meeting with media fraternity and petroleum ministry officials NEW DELHI: Amid concerns over oil supply concerns due to Middle East tensions , govt assured that India has enough reserves for “robust” energy supplies to deal with the situation.“Held a very positive informal interaction with members of the media fraternity to brief … Read more
The Middle East is on the boil but your wallet might feel the heat too as the ongoing conflict ripples across your grocery bills. The crisis is set to impact your daily dal-chawal, dry fruit and your sweet tooth craving as prices are expected to rise up to even a whopping 30%, according to traders. … Read more
Both India and China are big consumers of oil from the Middle East. (AI image) Is India the most vulnerable to prolonged oil supply shocks in wake of the ongoing Middle East tensions post Israel-US strikes on Iran and the latter’s retaliation? India, a fast-growing oil consumer, is the country most vulnerable to crude supply … Read more
Market experts anticipate continued turbulence in the near term as tensions between Iran and the Israel-US alliance intensify. (AI image) Rs 11 lakh crore gone! Middle East tensions, the ongoing war of the US and Israel with Iran have bled the Indian stock markets, with investors rushing for cover to safe haven assets as economic … Read more
Refiners have begun scouting for alternative crude sources to offset supplies affected by the conflict in West Asia. (AI image) India is looking at several emergency measures to tackle the risk of fuel shortages if shipping through the Strait of Hormuz remains affected for an extended period. Strait of Hormuz in the Persian Gulf is … Read more
Asian stocks plunged on Tuesday as investors reacted to the ongoing tensions in Iran and its potential impact of regional energy supplies. In Hong Kong, HSI was down 74 points or 0.29% to 25,985. South Korea’s Kospi index also opened sharply lower after Monday’s holiday, plunging 4.88% to 5,939.Shanghai and Shenzhen also fell 0.07% and … Read more