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Rupee breaches 95 per dollar, hits record low amid West Asia conflict

The rupee weakened past the 95 per dollar mark for the first time to 95.21 per dollar, falling 0.3% from the previous close

JioStar ends IPL broadcast deal in Bangladesh after local partner defaults

Though Bangladesh is reviewing the ban and had said any further steps will depend on opinion of its sports ministry, termination by JioStar means there will be no local broadcaster for the IPL season

HDFC Bank chairman's sudden exit exposes leadership rifts at top lender

HDFC Bank management and India's banking regulator denied any governance or financial problems at the lender, but its stock fell 12 per cent over three days after Chakraborty's exit

Airlines raise fares, cut capacity as soaring oil prices threaten profits

Carriers ranging from United Airlines to Air New Zealand and Scandinavia's ‌SAS have announced capacity cuts and fare hikes, while others have imposed fuel surcharges

Australia to halve tax on fuel, underwrite spot cargoes driven by Iran war

Halving the tax would reduce the cost of fuel by 26.3 Australian cents per litre, PM Albanese said

West Asia war volatility strains trading in world's biggest markets

None of the world's biggest markets, from US Treasuries, to gold, to currencies have been spared, investors and traders said

Govt eases curbs, lets state-run firms import critical equipment from China

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China

Ukraine drone strike hits Russia's Ust-Luga port, fire under control

The recent attacks have caused severe oil supply disruption for Russia, the world's second-largest oil exporter, and have come just as oil prices exceeded $100 a barrel due to the Iran war

Traders brace for volatility after RBI FX curbs, oil surge to hurt bonds

The rupee fell about 1 per cent last week, its fourth consecutive weekly decline of ​a similar magnitude, to hit a record low of 94.84 against the dollar

Oil prices jump after Yemen's Iran-backed Houthis rebels attack Israel

Brent crude futures jumped $3.16, or 2.81 per cent, to $115.73 a barrel ​by 2205 GMT after settling 4.2 per cent ‌higher on ​Friday

Vedanta set to split into five listed companies next month: Report

According to Chairman Anil Agarwal, the combined market capitalisation of the five companies would be much higher than the conglomerate's current $27 billion

Insilico Medicine secures $2.75 billion drug collaboration with Eli Lilly

Pharmaceutical companies are increasingly turning to AI to accelerate R&D, betting on new modelling tools and automated labs to unlock efficiency gains across their pipeline

West Asia war: Govt relaxes kerosene norms to tackle energy supply issues

The Ministry said that the measures would enable the ad-hoc distribution of kerosene to households for cooking and lighting in 21 states and federal territories

EPL to merge with Indorama-backed Indovida in $2 billion packaging deal

The merged group will combine EPL's packaging operations with Indovida's plastic portfolio

Iran warns US over ground attack as regional powers meet in Pakistan

Washington has dispatched thousands of Marines to the West Asia, with the first of two contingents arriving on Friday aboard an amphibious assault ship, the US military has said

WTO talks near deal on reform roadmap amid US-India ecommerce deadlock

The talks ​at a WTO meeting in Cameroon include efforts to bridge differences between the US and ‌India over extending the e-commerce moratorium, which is due to expire this month

Bahrain's Alba assesses damage after Iranian strikes on aluminium plants

Two employees at Aluminium Bahrain were hurt in Saturday's attack, the state-controlled company said, while regional peer Emirates Global Aluminium's site sustained significant damage

Pentagon preparing for weeks of ground operations in Iran: Report

Trump administration has deployed US Marines to the West Asia as the war in Iran stretches into its fifth week, and also has been planning to send thousands of soldiers from the US Army's 82nd Airbase

WTO members try to close gap between US, India on ecomm tariff moratorium

India signalled it may drop its ​opposition to an extension of the ecommerce moratorium - which is due to expire this month - and allow ​a two-year prolongation at the World Trade Organisation meeting

India warns of growth risks from Middle East conflict as energy costs rise

This is raising concerns over inflation and growth in ‌India, the government review said