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Oil prices plunge 1% as investors weigh pause in US strikes on Iran

Brent crude futures ​were down $0.54, or 0.6%, at $87.82 by 0046 GMT

Houthis seek to mirror Iran's Hormuz strategy in Red Sea, says Yemeni FM

Yemen's foreign minister-designate says the Houthis aim to replicate Iran's Strait of Hormuz strategy by disrupting shipping through the Bab el-Mandeb, raising the risk of wider conflict in Red Sed

US, Tehran having 'good talks' as drones hit Iran's neighbours, says Trump

Despite Trump's optimism, Tehran appeared to quickly test the pause in the US military campaign, with Saudi Arabia, Jordan and Iraq reporting drone attacks on Monday

Amazon Leo proposes 5,105-satellite network for phone connectivity

The ​proposed network would provide voice, messaging, data and emergency services in areas beyond the ​reach of terrestrial cellular networks, with satellite deployment beginning in 2028

US 'forced labour' tariffs unjustified, amount to protectionism: China

The commerce ministry, in a statement, accused Washington of long manipulating the issue of forced labour, calling the new tariffs a ​typical act of unilateralism and protectionism

Kiran Thadimarri to succeed Gaurav Negi as IndiGo CFO from July 28

IndiGo, India's largest airline, said on ​Monday it ??has appointed insider ​Kiran Thadimarri as its ‌chief financial officer, replacing Gaurav Negi

Haldia Petrochemicals' June fire not caused by naphtha pipeline: Probe

An independent committee, including specialists in industrial and fire safety, concluded that the incident was a vapour-cloud fire with a mild explosion triggered by an unidentified ignition source

Nvidia in talks with OpenAI to guarantee $250 bn financing for data centre

The backstop from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank's energy subsidiary is developing in southern Ohio

Dollar slips as Iran truce hopes lift risk appetite before Fed meeting

Against the ​yen, the U.S. dollar was down 0.1% at 163.645 yen, on course for its sharpest daily decline ​since July 10

FSSAI firm on energy drink crackdown despite Pepsi, Red Bull protest

The move has triggered a standoff with companies, who fear removing the category label could damage brands built around instant-energy claims and disrupt sales

Bank of Baroda's customer data, internal documents leaked on dark web

The leaked data includes customer details, identification documents, loan papers and internal audit records, said cybersecurity researcher Srikanth L, founder of Cashless Consumer

CXMT surges 466% in debut, becomes China's most valuable listed firm

The explosive debut ​crowned CXMT as China's most valuable listed company, overtaking banking giant Industrial and Commercial Bank of China, long the market's heavyweight

India's engineering exports rise 21% as shipments to China jump 74%

The growth in engineering exports provides a buffer for India's broader merchandise trade, which faces mounting pressure from higher freight, insurance and transit costs

MRPL asks crude suppliers to avoid Red Sea, Strait of Hormuz routes

Red Sea traffic ‌has been disrupted off the ​coast of Yemen ​since last week by the Tehran-aligned Houthis, who want to ​blockade Saudi exports

​AstraZeneca beats second-quarter profit expectations, holds outlook

The drugmaker reported better-than-expected second-quarter earnings, driven by strong demand for cancer and rare disease therapies

UltraTech Cement eyes its biggest rupee bond raise at ₹5,000 crore

It is targeting ₹1,500 crore each in the shorter two tranches at ‌annual coupons of 7.22 per cent and 7.23 per cent, respectively, and ₹2,000 crore in the five-year tranche at 7.25 per cent

Indian banks have raised $32 billion under dollar-inflow schemes: RBI Guv

Most of the $32 billion raised so far has come from the foreign currency non-resident deposit scheme, Malhotra said

Iran war spreads to Red and Caspian Sea, Gulf quiet as US forgoes strikes

The US military said on Saturday that its naval blockade against Iran 'remains in full effect' but did not explain why it halted a streak of 13 nights of escalating strikes

Australian PM to raise concerns over new tariffs with US President Trump

Australian Prime Minister Anthony Albanese says he will raise new US tariffs with President Donald Trump, calling the measures unjustified and seeking their removal

Will call out Trump if required: Britain's new Prime Minister Andy Burnham

UK Prime Minister Andy Burnham said he will always put Britain's interests first and will call out Donald Trump if required, while ruling out an early general election