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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

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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

How persistently high oil prices could impact India's vulnerable economy
Updated On : 12 Mar 2026 | 1:26 PM IST

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

China orders immediate ban on fuel exports to prevent domestic shortage
Updated On : 12 Mar 2026 | 11:37 AM IST

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

Luxury housing boom to lift India home prices through 2028: Poll
Updated On : 12 Mar 2026 | 11:00 AM IST

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

Meta lays out roadmap for in-house AI chips to power expanding data centers
Updated On : 12 Mar 2026 | 10:24 AM IST

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

India ready to support oil markets after IEA agrees for record release
Updated On : 12 Mar 2026 | 7:57 AM IST

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

Asian shares fall, oil prices surge again as Iran hits tankers near Hormuz
Updated On : 12 Mar 2026 | 7:35 AM IST

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

US opens new unfair-trade probes to rebuild Trump's tariff pressure
Updated On : 12 Mar 2026 | 7:25 AM IST

Iran govt not at risk of imminent collapse despite ongoing war: US intel

US intelligence reports indicate that the IRGC and the interim leaders who assumed power after Khamenei's death retain control of the country

Iran govt not at risk of imminent collapse despite ongoing war: US intel
Updated On : 12 Mar 2026 | 6:39 AM IST

Standard Chartered evacuates staff from offices in Dubai: Report

British bank Standard Chartered has a large presence in the United Arab Emirates, with Dubai now a large financial hub for leading international banks including JPMorgan and HSBC

Standard Chartered evacuates staff from offices in Dubai: Report
Updated On : 11 Mar 2026 | 10:24 PM IST

Iran warns oil could hit $200 a barrel amid threat of continuous strikes

"We won't allow even one litre of oil to reach the US, Zionists (Israel) and their partners. Any vessel or tanker bound to them will be a legitimate target," Ebrahim Zolfaqari said

Iran warns oil could hit $200 a barrel amid threat of continuous strikes
Updated On : 11 Mar 2026 | 10:13 PM IST

Oil prices rise as supply fears linger despite IEA reserve release plan

Brent futures traded up $3.31, or 3.8%, at $91.11 a barrel by 1159 GMT. US West Texas Intermediate (WTI) traded $3.13 higher, also 3.8%, at $86.58 a barrel

Oil prices rise as supply fears linger despite IEA reserve release plan
Updated On : 11 Mar 2026 | 8:32 PM IST

Phuket airport closes runway after Air India Express plane malfunction

Authorities suspended flight operations at Phuket airport following the incident since the aircraft is stuck on the runway

Phuket airport closes runway after Air India Express plane malfunction
Updated On : 11 Mar 2026 | 8:14 PM IST

Foreign hacker breached FBI server with Epstein probe files in 2023: Report

The details of who accessed a server at the FBI's New York Field Office, including the allegation that a foreign hacker was involved, are being reported here for the first time

Foreign hacker breached FBI server with Epstein probe files in 2023: Report
Updated On : 11 Mar 2026 | 6:17 PM IST

Timeline: How India-China ties moved from border clash to investment thaw

In February 2026, India began easing its restrictions on buying Chinese equipment

Timeline: How India-China ties moved from border clash to investment thaw
Updated On : 11 Mar 2026 | 1:13 PM IST

Gold edges above $5,000 as inflation jitters ease; key US data in focus

Oil prices dropped below $90 per barrel, cooling inflation concerns, a day after US President Donald Trump predicted a quick end to the war with Iran

Gold edges above $5,000 as inflation jitters ease; key US data in focus
Updated On : 11 Mar 2026 | 9:35 AM IST

Oil prices fall after IEA proposes largest oil stock release ever

Brent futures were ​trading down 23 cents, or 0.26 per cent ‌lower, at $87.57 ​a barrel ‌at 0023 GMT

Oil prices fall after IEA proposes largest oil stock release ever
Updated On : 11 Mar 2026 | 6:46 AM IST

Russia denies sharing US military asset data with Iran, says Witkoff

Witkoff said the denial came during ​a phone call that US President Donald Trump had with Russian President Vladimir ​Putin on Monday

Russia denies sharing US military asset data with Iran, says Witkoff
Updated On : 10 Mar 2026 | 11:31 PM IST

EU urges US to strictly enforce G7 price cap on Russian oil exports

G7 finance ministers said on Monday they were ready to release oil from strategic reserves ​to help lower prices, if necessary

EU urges US to strictly enforce G7 price cap on Russian oil exports
Updated On : 10 Mar 2026 | 11:28 PM IST

Iran bets on endurance, energy disruption to outlast US, Israel

The IRGC also played the decisive role in elevating Mojtaba Khamenei as supreme leader after Ayatollah Ali Khamenei was killed in the opening US-Israeli strikes

Iran bets on endurance, energy disruption to outlast US, Israel
Updated On : 10 Mar 2026 | 11:28 PM IST

Putin's mediation proposals on Iran conflict still stand, says Kremlin

Peskov was speaking a day after Putin spoke by phone to US President Donald Trump and, according to the Kremlin, shared proposals aimed at ending the war in Iran quickly

Putin's mediation proposals on Iran conflict still stand, says Kremlin
Updated On : 10 Mar 2026 | 7:24 PM IST