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IMF, World Bank meetings show limits in mitigating shocks, reliance on US

The IMF and the World Bank pledged up to a combined $150 billion in new financing assistance for developing countries hit hardest by the massive energy price shock

Google in talks with Marvell Technology to develop two new AI chips: Report

One of the chips is a memory processing unit designed to work with Google's tensor processing unit (TPU), and the other chip is a new TPU built specifically for running AI models, the report said

Investors pile into US stocks as 'TINA' revival knocks 'TIARA' trades

Over the last year, investors, particularly in the United States, had sought out cheaper markets abroad where returns were juiced up by a weaker dollar

US, Iran cite progress in talks as uncertainty hangs over Strait of Hormuz

Neither side offered any specifics about the state of negotiations, days before a fragile ceasefire in the US-Israeli war against Iran is set to expire

Iran reimposes control over Strait of Hormuz as ships report gunfire

At least two vessels reported being hit by gunfire as they attempted to cross the strait, the sources said

No date set for next US talks: Iran deputy foreign minister Khatibzadeh

The highest-level US-Iran talks since the 1979 Islamic Revolution ended in Islamabad without agreement last weekend

Oil settles down 9% as Iran declares Strait of Hormuz open; Brent at $90.38

US West Texas Intermediate crude futures settled down $10.48, ‌or 11.45 per cent, at $83.85 a barrel, after touching a low of $80.56

EU to push for jet fuel diversification as Iran war threatens supply

Flights in Europe could start to be cancelled from the end of May due to a lack of jet fuel, the International Air Transport Association's director general Willie Walsh said

'Enough is enough': Trump says Israel barred from bombing Lebanon

"Israel will not be bombing Lebanon any longer. They are PROHIBITED from doing so by the U.S.A. Enough is enough!!!" Trump said in a social media post

Indian refiners pay for Iran oil in yuan via ICICI Bank, says report

Indian refiners use yuan via ICICI to settle rare Iranian oil purchases under US waiver, as sanctions and payment hurdles complicate trade

Shipping firms seek clarifications before crossing Strait of Hormuz

Iran says that the Strait of Hormuz was open to all commercial vessels during a 10-day Lebanon ceasefire accord

US to delay weapons deliveries to some Euro nations due to Iran war: Report

The delays underline the degree to which the war against Iran, which began with U.S.-Israeli air strikes on February 28, has begun to stretch U.S. supplies of some critical weaponry and ammunition

Govt drops proposal to mandate national ID app Aadhaar on smartphones

The IT ministry held a "consultation with stakeholders from the electronics industry" before reaching its decision to drop the Aadhaar preloading proposal, UIDAI said in its statement

SP Group unit gets investor nod for 2-month debt extension plea: Report

Goswami Infratech has asked investors to extend the maturity of the high-yield notes to June 30 from April 30

Flipkart plans foray into India's ticketing market as live events boom

India's online ticketing and food delivery leaders have scaled up through heavy spending and deep discounts

Govt lists banks allowed to import gold, silver after delay disrupts flows

Authorised by the RBI, the order permits 15 banks, including the State Bank of India, HDFC Bank, and Bank of India, to import both gold and silver from April 1, 2026, to March 31, 2029

Refiners likely used yuan through ICICI Bank for payment of Iranian oil

Last month, Washington unveiled ​30-day waivers on US sanctions for the purchase of Russian and Iranian oil at sea in ‌an attempt to ease prices that were driven up by the US-Israeli war on Iran

Sagarmala Fin Corp eyes $1 billion FY27 fundraise to boost maritime lending

The state-owned company will raise the money through bonds, term loans and foreign-currency borrowings, said Managing Director LVS Sudhakar Babu

Gold demand in India lacklustre as elevated prices curb festive buying

Domestic gold prices were trading around ₹1,53,200 per 10 grams on Friday, after rising to ₹1,55,065 earlier this week, the highest in a month

Asian stocks head towards weekly gain, oil below $100 on peace deal hopes

Brent crude futures dropped more than 1% to $98.14 a barrel while US West Texas Intermediate crude futures fell 1.6% to $93.15 a barrel