Bloomberg

Bloomberg

Govt plans new smartphone export incentives in a boost for Apple, Samsung

The policy design, size of the incentives and the overall budget are still being finalised and may change during the inter-ministerial consultations

Updated On: 12 Mar 2026 | 11:23 AM IST

Iran war exposes vulnerabilities for airlines in global aviation network

Global airlines have seen billions of dollars wiped from their market capitalisation on the surging cost of fuel and uncertainty about when safe operations can resume

Updated On: 12 Mar 2026 | 10:21 AM IST

Cooking gas crunch in India fuels inflation fear as Iran war widens

The gas crunch is rippling through the economy, raising fears about a spike in prices and a drop in output in some sectors

Updated On: 12 Mar 2026 | 10:08 AM IST

Trump to invoke Cold War era powers for offshore oil producer Sable

The planned order comes as Trump faces heavy political pressure to confront rising fuel prices before the November midterm elections

Updated On: 12 Mar 2026 | 9:11 AM IST

Apple's foldable iPhone to feature iPad-like interface when opened

The inside display will use a wide aspect ratio, a departure from the narrower formats of foldable phones currently on the market

Updated On: 12 Mar 2026 | 9:02 AM IST

West Asia crisis threatens Saudi Arabia's $38 billion video game push

Recent attacks on Saudi Arabia by Iran are impacting business leaders' faith in the country's goal to grow into a cultural centre for video games, sports and entertainment

Updated On: 12 Mar 2026 | 8:58 AM IST

Two tankers attacked in Iraqi waters; oil terminals suspend operations

Iraq's State Organization for Marketing of Oil, or SOMO, named the tankers as Marshall Islands-flagged Safesea Vishnu and Malta-flagged Zefyros

Updated On: 12 Mar 2026 | 8:40 AM IST

UN Security Council condemns Iran strikes on neighbouring Gulf countries

The Council voted in favour of a resolution that condemned the strikes carried out by Iran using missiles and attack drones against Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the UAE and Jordan

Updated On: 12 Mar 2026 | 8:40 AM IST

Brent tops $100 as Iran attacks tankers in Iraq, Oman clears oil terminal

The global benchmark soared as much as 10.5 per cent to $101.59 a barrel, while West Texas Intermediate surged near $96

Updated On: 12 Mar 2026 | 8:32 AM IST

Iran lists 3 demands to end war: Reparations, rights, security guarantees

It's unclear if the US is willing to give Iran such a pledge and if it would be able to insist on Israel doing the same

Updated On: 12 Mar 2026 | 8:12 AM IST

IEA to release record 400 million barrels of oil from stockpiles

The IEA, which co-ordinates stockpile releases for OECD countries, has said its 32 members hold more than 1.2 billion barrels in public emergency stockpiles

Updated On: 11 Mar 2026 | 9:50 PM IST

Shell declares force majeure on Asia LNG deals after Qatar plant shutdown

Shell has an equity partnership with QatarEnergy in the massive Ras Laffan LNG plant, the largest single plant in the world, which shut down last week following a drone attack on the facility

Updated On: 11 Mar 2026 | 6:13 PM IST

India, Bangladesh urea firms shut operations as war disrupts LNG flow

LNG is the primary feedstock for urea production, serving as an energy source and a key input in making the world's most widely used fertilizer

Updated On: 11 Mar 2026 | 1:08 PM IST

Adani Energy raises $500 mn bilateral debt from Apollo Global Management

The financing underscores the financing shift for Adani, historically one of the largest Indian issuers, as it borrows to fund ambitious capital spending plans while facing elevated borrowing costs

Updated On: 11 Mar 2026 | 1:02 PM IST

Global banks push back on RBI's plan for offshore rupee trade reporting

Banks told the RBI the proposal could breach client confidentiality and conflict with data and reporting rules in other jurisdictions

Updated On: 11 Mar 2026 | 11:01 AM IST

Sachin Katti: The former academic behind OpenAI's trn-dollar AI buildout

Katti, previously Intel's chief technology and AI officer, joined the ChatGPT maker in November to serve as its head of industrial compute

Updated On: 11 Mar 2026 | 9:42 AM IST

Anthropic tells judge billions of dollars at stake if US shuns AI tool

The startup made a case for urgency to US District Judge Rita F. Lin at a hearing in San Francisco a day after Anthropic sued the Defense Department over the supply-risk designation

Updated On: 11 Mar 2026 | 8:34 AM IST

The dark side of India's digital gold rush: How consumers are misled

A fundamental disregard for an individual's choice and data sovereignty is the dark side of India's digital gold rush

Updated On: 11 Mar 2026 | 8:20 AM IST

Former PM Churchill to be removed from UK banknotes as cash gets new look

The Bank of England held a public consultation on refreshing its money last year and found nature emerged as the 44,000 responses' most popular theme

Updated On: 11 Mar 2026 | 8:13 AM IST

Snabbit founder seeks fresh funding in India's $60 bn housework market

Less than 1 per cent of paid household help is currently ordered through online platforms, Redseer estimates, leaving them with ample room to gain market share

Updated On: 11 Mar 2026 | 8:05 AM IST