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India plans sovereign guarantees to back Gulf shipping insurance: Report

The plan includes a $1.5 ​billion sovereign guarantee fund to provide insurers with reinsurance support and liquidity should insurance costs remain high, said ‌one government source

Saudi Arabia intercepts 7 missiles; debris falls near energy facilities

Saudi Arabia has faced repeated attacks involving hundreds of missiles and drones since the start of the US-Israeli war on Iran, most of which have been intercepted

Apple's foldable iPhone faces engineering snags, potential delays: Report

Engineering development issues could delay the first shipments of the foldable iPhones by months in a worst-case scenario

SpaceX targets record IPO with massive retail allocation, June roadshow

SpaceX plans $75 billion raise at up to $1.75 trillion valuation, with retail investors set to take an unprecedented share

Oil prices rise as Trump sharpens rhetoric on Iran; Brent crude at $110

Adding to supply concerns, Russia on Monday said Ukrainian ‌drones attacked ​the Caspian Pipeline ​Consortium's terminal on the Black Sea, which handles 1.5 per cent of global oil supply

Air India CEO Campbell Wilson steps down amid continuing losses: Report

Air India ​CEO Campbell Wilson has ​stepped down from ‌his position, Indian newspaper Mint reported, citing two people with knowledge of the matter

Oracle names Schneider Electric's Maxson as CFO amid soaring AI spending

Doug Kehring will step down as Oracle's principal financial officer following the appointment and will return to focusing on the company's go-to-market operations

Indian refiners defer maintenance shutdowns to meet local fuel demand: Govt

However, Nayara Energy will shut its 400,000 barrels per day Vadinar refinery for maintenance from April 9, tightening supply of ​liquefied petroleum gas in the country, she said

Govt seeks 2.5 mn metric tonnes of urea amid West Asia supply disruptions

India, where farming is a mainstay, imports fertilisers such as urea, diammonium phosphate (DAP) and muriate of potash, as well as liquefied natural gas, a key feedstock for urea production

West Asia crisis: Two more Indian-flagged LPG ships exit the Gulf

A third vessel, Jag Vikram, is still in the west of the Strait of Hormuz, according to ship tracking data

Use of Strait of Hormuz must be guaranteed in any US-Iran deal: UAE

UAE official Anwar Gargash said the Strait of Hormuz cannot be weaponised, stressing that its security is not a regional bargaining chip but a global economic imperative

Retail vehicle sales up 25.3% in March; dealers flag West Asia risks: Fada

Passenger vehicle sales rose 21.48 per cent year-over-year in March, while two-wheeler sales rose 28.68 per cent and commercial vehicle sales rose 15.12 per cent

Rupee set to rise on spillover of RBI curbs; oil, outflows temper sentiment

The rupee is likely to ‌open in the 92.80-92.90 range versus the US dollar, having settled at 93.10 on Thursday

Trent Q4FY26 results: Revenue up 20% at ₹4,937 cr on high consumer spending

Trent has been on a store-opening spree over the last ‌few quarters, with its store count climbing to 1,286 by March 31, compared with about 1,043 a year earlier

West Asia conflict: US, Iran explore 45-day ceasefire plan with mediators

The first phase would involve a 45-day ceasefire, during which negotiations toward a permanent end to the war would take place

Paramount in talks to secure $24 bn funds from Gulf for Warner takeover

The merger would combine major studios and networks such as CNN and CBS, enabling them to compete more aggressively as streaming draws audiences away from traditional linear TV

Oil prices rise as Trump's threats to Iran heighten supply disruption fears

Brent crude futures rose $1.71, or 1.6 per cent, to $110.74 a ​barrel by 0057 GMT while US WTI was up 0.6 per cent, trading at $112.25 per barrel

Opec+ agrees to boost oil output by 206,000 bpd when Hormuz reopens

Other group members such as Russia are unable to increase output due to Western sanctions and damage to infrastructure inflicted during the war with Ukraine

Trump vows strikes on Iran's infra after US pilot rescued in 'daring op'

But also says a deal with tehran could conclude on Monday

Iraq thanks Iran for allowing oil tankers through Strait of Hormuz

Hussein made the remarks during a meeting with Iran's ambassador to Iraq Mohammad Kazem Al-Sadeq