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Gold set for weekly drop as oil price surge weighs on rate-cut hopes

As oil prices surged, US President Donald ​Trump again demanded Fed Chair Jerome Powell cut interest rates

IndiGo, Air India seek relief from govt as Iran conflict raises costs

IndiGo and Air India are seeking tax relief and lower airport charges from the government as the Iran conflict and Pakistan airspace ban force longer routes and push up operating costs

Jindal Stainless flags operations disruption due to fuel shortage

Jindal Stainless, the country's biggest stainless steel producer, had last week warned of possible shipment delays

India holds off US trade deal for several months amid fresh probe

New Delhi expected to sign an interim pact in March, but fresh US investigations and uncertainty over tariffs have slowed negotiations, government sources say

Govt to delay signing US trade deal amid fresh tariff, energy concerns

Complicating matters is a new US investigation into what it calls "structural excess capacity and production in manufacturing sectors" in 16 trading partners, including India

Rupee forward premiums signal bets of impending RBI FX swap: Bankers

The rupee fell to an all-time low of 92.4250 to the US dollar on Friday and it has lost about 1.5 per cent since the war broke out on February 28

Asian stocks slump as Iran war keeps oil near $100, dents rate-cut bets

Brent futures were last at $99.85 a barrel, while West Texas Intermediate crude was at $95.05 a barrel

Oil jumps about 9% as Iran says Strait of Hormuz to remain closed

Brent futures extended gains to climb up $8.05, or 8.8 per cent to $100.03 at 10:25 a.m. ET or 1425 GMT, while U.S. West Texas Intermediate crude climbed $8, or 9.2 per cent to $95.25

US eyes Hormuz tanker escorts by April as Trump downplays oil spike

Asked if escorts could be provided by the end of the month, Wright said: "I think that, yes, I think that is quite likely the case."

Oil unlikely to hit $200 a barrel despite war shock: US Energy Secy

Oil prices jumped more than 9 per cent to nearly $100 a barrel

Jittery bond traders constrain RBI's liquidity management options

The weighted average call rate (WACR) has stayed around 5.07 per cent , since the start of February, even while the policy repo rate remains at 5.25 per cent

DHL Express Europe presses ahead with West Asia investments despite war

The Deutsche Post DHL group has announced more than 500 million euros ($577 million) in investment in the Middle East through 2030, especially in Saudi Arabia and the UAE

Oil reserve release had 'strong impact' on energy markets: IEA head

IEA's record 400-million-barrel reserve release aims to stabilise global oil markets after the Strait of Hormuz closure triggered one of the biggest energy shocks in decades

How persistently high oil prices could impact India's vulnerable economy

The most immediate impact would be on India's current account deficit. This concern has pushed the rupee to a record low and forced the central bank to sell dollars from its reserves

China orders immediate ban on fuel exports to prevent domestic shortage

The halt applies to cargoes that had yet to clear customs as of March 11 and goes beyond last week's move by Beijing urging refiners not to agree to new exports

Luxury housing boom to lift India home prices through 2028: Poll

Most analysts classify premium housing as homes priced above 10 million rupees, ‌nearly 40 times India's average national per capita income

Meta lays out roadmap for in-house AI chips to power expanding data centers

The new chips are part of the company's Meta Training and Inference Accelerator (MTIA) program and the first of the new chips, called the MTIA 300 is in use

India ready to support oil markets after IEA agrees for record release

IEA's release is aimed at preventing a further rise in oil prices and is more than double the ​182 million barrels released in 2022 following Russia's invasion of Ukraine

Asian shares fall, oil prices surge again as Iran hits tankers near Hormuz

Iran had earlier stepped up attacks on merchant ships in the Strait of Hormuz, telling the world to get ready for oil at $200 a barrel

US opens new unfair-trade probes to rebuild Trump's tariff pressure

USTR Jamieson Greer said that Section 301 ​unfair trade practices probe could lead to new tariffs imposed against China, the European Union, India, Japan, South Korea and Mexico by ​this summer