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Iran opens Strait of Hormuz; Donald Trump signals lasting deal to end war

Tehran has agreed to suspend N-programme indefinitely, says US President

Oil prices slump further after Iran's Araghchi declares Hormuz Strait open

Oil prices drop as Iran signals Strait of Hormuz remains open, easing supply fears amid US-Iran talks, though uncertainty over war and recovery keeps markets volatile

Mukesh Ambani's telecom firm Jio Platforms may file for IPO next month

Reliance may file Jio Platforms IPO papers in May after delay due to market volatility, with full-year earnings expected to strengthen India's biggest-ever listing

Electricity consumption sees slowest growth in years on cooler weather

Energy supplied by state power retailers during the year rose almost 1 per cent, the worst performance since 2021 when electricity use declined due to the pandemic

Iran has made key concessions, deal to end war 'fairly soon', says Trump

The US president said it may be unnecessary to renew a two-week ceasefire with the Islamic Republic before it expires next week

Mumbai's skyline soaring, but housing supply struggles to keep pace

These days prices for some apartments in Worli are on par with parts of New York, and developers are building luxury amenities to make analysts and traders feel at home

Mumbai's skyline soaring, but housing supply struggles to keep pace

These days prices for some apartments in Worli are on par with parts of New York, and developers are building luxury amenities to make analysts and traders feel at home

Apple marketing executive for watch, AirPods, home and health retires

Stan Ng, who has worked at Apple for 31 years, said Thursday that he is leaving the company

Xi hosts slew of world leaders in Beijing as Trump fights with allies

Xi has been positioning his nation as a source of stability and bulwark of respect for international rules, against the backdrop of President Donald Trump's threat to bomb Iran

Panama Canal traffic surge spurs $4 million line-jumping payment

The queue at the 50-mile canal, the longest since the 2023-24 drought, has grown as the near shutdown of the Strait of Hormuz chokes oil, gas, fertiliser and chemical shipments

'Destroying New York': Trump slams Zohran Mamdani's plan to hike taxes

Mamdani, who was elected on a staunchly progressive platform, is an advocate of taxing the wealthiest New Yorkers to help fund more social programmes and close a projected gap in the city's budget

Trump picks former US Deputy Surgeon General Erica Schwartz for CDC

Schwartz, who holds medical and law degrees, would be the fourth CDC leader during Trump's second term if confirmed by the Senate

Taiwan market capitalisation tops $4 trillion on AI boom, overtakes UK

Taiwan's market capitalisation rose to $4.14 trillion as of Wednesday, making it the world's seventh largest, according to data compiled by Bloomberg

Domestic LNG importers scoop up spot shipments after prices recede

The purchases mark a turnaround after Indian buyers had earlier limited spot purchases and canceled tenders because offers were too expensive

Iran-linked tankers transit Strait of Hormuz via new route amid US blockade

Tankers G Summer and Hong Lu took an unusual route via Fujairah, the Gulf of Oman and along Iran's coast before entering the Strait of Hormuz, highlighting a rare, circuitous navigation path this week

Surge in US debt supply may raise global borrowing costs, warns IMF

The IMF pointed to a narrowing gap between the yields of AAA rated corporate bonds and Treasuries as a sign of reduced appeal for US government securities

'Iran war may be as disruptive for India as Covid; long-term impact likely'

Although the government is sticking to its forecasts of 6.8 per cent-7.2 per cent for the fiscal year through March 2027, several economists have already started to downgrade their projections

Trump admin to preserve billions in hydrogen funds pegged for termination

US is set to retain nearly $5 bn in hydrogen hub funding, and revive carbon capture projects backed by major energy firms, signalling continued support for clean energy despite earlier proposed cuts

Kotak Mahindra AMC outperforming 98% of peers bets on defence stocks

Indian defense firms have rallied in recent years on the back of policy support to boost domestic production and the government's focus on local procurement and capability building

Emerging markets investing pioneer Mark Mobius dies at 89 in Singapore

Mobius became an evangelist for money-making opportunities in Africa, Asia, Eastern Europe and Latin America