Oil Prices Go Higher and Global Stocks Fall
Investors continued to parse conflicting signals on whether the war in the Middle East was nearing de-escalation. Source link
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UDAN 2.0 scheme: How will it benefit consumers? Check key features of the aviation initiative
Imagine boarding a flight from a small city airport that barely existed a few years ago, that’s the kind of connectivity India is now aiming to expand. The Centre has given the green signal to UDAN 2.0, a revamped version of the Ude Desh ka Aam Nagrik scheme, with an outlay of over Rs 28,000…
How Iran’s hit on Qatar LNG will impact global supply to buyers like India, Pakistan; China largely secure
Around 80% of Qatar’s LNG exports are directed to Asia, but higher prices are forcing India to look for alternative supplies. (AI image) The US-Iran war has had far reaching implications beyond the immediate rise in global oil and gas prices. The Middle East conflict has led to hits on key energy infrastructure in Gulf…
Gold, silver price prediction today (March 26, 2026): Will gold rally to Rs 1.55 lakh/10 grams & silver touch Rs 2.60 lakh/kg?
Gold appears poised to extend its rally toward the 155,000 level in the upcoming sessions. (AI image) Gold and silver price prediction today: Gold and silver prices may sustain their up move in the coming sessions, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the weekly…
Strait of Hormuz disruptions: India buys first LPG cargo from Iran in years; tanker was initially bound for China
India has faced significant disruption to energy supplies routed through the Strait of Hormuz. (AI image) For the first time in several years, India has reportedly purchased liquified petroleum gas (LPG) from Iran after the Donald Trump administration granted a 30-day sanctions waiver to keep oil and gas prices in check. India had stopped energy…
‘Friendly nations’ only: Iran allows India, Pakistan, 3 other countries to use Strait of Hormuz amid war
Strait of Hormuz (AP photo) Iran on Thursday said that, despite ongoing military escalation in the Middle East, it has allowed transit through the Strait of Hormuz for “friendly nations,” including India.The consulate general of Iran in Mumbai shared a statement from Iran’s foreign minister Abbas Araghchi, saying: “We have permitted passage through the Strait…
Middle East crisis: Oil slides, gold & silver rise on US move to end conflict
MUMBAI: The US move to send a 15-point proposal to Iran aiming at ending the war in West Asia, combined with a slowdown in hostilities between the warring nations on Wednesday sent oil prices sliding and precious metals rallying.In late trades on Wednesday, Brent was trading at $97.2/barrel, down 3% on the day. In the…
Officials meet to map demand & supply to avoid disruptions
NEW DELHI: The empowered group of officials to deal with the fallout of the West Asia conflict got down to business on Wednesday, and began mapping the demand and supply situation, and also started identifying potential sources to ensure that supply chains are not disrupted.Food and fuel availability are top priority and detailed reports have…
Finance Bill passed with 32 amendments
NEW DELHI: The Lok Sabha on Wednesday passed the Finance Bill, with 32 amendments moved by finance minister Nirmala Sitharaman, including specifying that in case of buyback of shares, additional income tax on capital gains made by promoters will face a 12% surcharge.The Finance Bill had proposed to replace dividend tax applicable to buybacks and…
Sensex jumps 1.2k pts as efforts to end war gain pace
NEW DELHI: With hopes of a resolution to the West Asia conflict rising, sensex rallied over 1,200 points in late session on Wednesday to close above the 75,000 mark again.As diplomatic initiatives to end the war between the US-Israel and Iran picked up pace, markets around the world rallied, crude oil prices slipped, and precious…