High Oil and Gas Prices Could Outlast Trump’s War With Iran
While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends. Source link
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Rupee sinks 23 paise to all-time low of 93.76 vs US dollar as global risks mount
The rupee weakened by 23 paise to settle at an all-time low of 93.76 against the US dollar on Tuesday, pressured by a strengthening greenback and elevated global crude oil prices that dampened investor sentiment.Forex traders said continued foreign fund outflows amid uncertainties linked to the Middle East crisis also weighed on the domestic currency,…
Fortnite publisher Epic Games to lay off more than 1,000 employees to curb costs
Epic Games on Tuesday said it will lay off more than 1,000 employees as the video game publisher moves to cut costs amid industry-wide pressures and company-specific challenges, AP reported.The Cary, North Carolina-based company said the job reductions are not linked to artificial intelligence, but reflect slower growth in the gaming sector, weaker consumer spending…
RoDTEP-backed exports grow at over 20% CAGR between FY24 and FY26
Exports supported under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are estimated to have grown at over 20 per cent compound annual growth rate between 2023-24 and 2025-26 despite global headwinds such as weak demand, freight volatility, rising protectionism and geopolitical uncertainties, PTI reported citing an official on Tuesday.At the same…
Russian Oil Shipment Puts Focus on Kremlin Spy Outpost in Cuba
Moscow may be challenging President Trump’s effort to choke Cuba’s economy. China also has suspected listening posts on the island. Source link
Govt bets on women-led growth to drive development agenda
NEW DELHI: The government on Tuesday said that women-led growth will be central to the country’s development ambitions, even as policymakers and industry leaders called for stronger ecosystems to support women in innovation and entrepreneurship.Speaking at a summit organised by the women’s empowerment arm of the BRICS Chamber of Commerce and Industry, Minister of State…
Covid Relief Loans Are Haunting Small Businesses
The Small Business Administration lent $378 billion to keep businesses afloat. Getting paid back is proving difficult. Source link
Gold import quota licences under India-UAE pact get extended till June 30
The Centre has extended the validity of tariff rate quota (TRQ) licences issued for gold imports under the India-UAE free trade agreement, offering relief to importers facing supply disruptions amid the ongoing geopolitical crisis, reported PTI.India allows quota-based duty concessions on gold imports under the TRQ mechanism as part of the Comprehensive Economic Partnership Agreement…
War in Iran Is Disrupting Air Travel, Hitting Middle East Hardest
Some airlines and travelers, especially in the Middle East and elsewhere in Asia, are bearing the brunt of the pain, while others are doing better. Source link
US stock markets today (March 24, 2026): Dow, S&P 500 & Nasdaq slip as Brent crude climbs amid Middle East tensions
US stocks slipped on Tuesday while oil prices resumed their climb, as continuing airstrikes on Iran and fresh missile attacks across the Middle East dampened the optimism that had lifted markets a day earlier.The S&P 500 fell 0.6%, giving back nearly half of its previous session’s gain. The Dow Jones Industrial Average dropped 363 points,…