Global Economy Is Facing the Prospect of Another Profound Shock
A protracted conflict in the Middle East risks a spike in energy prices and broader inflation. Source link
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Asian stocks today: Nikkei falls over 1,400 points, Kospi plunges 4%; markets continue to fall amid Middle East tensions
Asian stocks plunged on Tuesday as investors reacted to the ongoing tensions in Iran and its potential impact of regional energy supplies. In Hong Kong, HSI was down 74 points or 0.29% to 25,985. South Korea’s Kospi index also opened sharply lower after Monday’s holiday, plunging 4.88% to 5,939.Shanghai and Shenzhen also fell 0.07% and…
Current account deficit widens to $13.2bn in Q3
India’s external accounts have deteriorated modestly, though less than expected. Data released by the RBI showed that the current account deficit (CAD) widened to $13.2 billion or 1.3% of GDP, in Dec quarter of FY26 from $11.3 billion (1.1% of GDP) a year earlier.The slippage was driven largely by merchandise trade, as exports to the…
Sensex falls 1,048 pts on war in West Asia, fear index up 25%
MUMBAI: The escalating war in West Asia took a heavy toll on investors on Dalal Street as stocks crashed on Monday that left them poorer by Rs 6.6 lakh crore. With the war between the US-Israel and Iran elevating geopolitical risks, the sensex closed 1,048 points (1.3%) lower at 80,239 points, a closing level not…
Trump Says He Will End Boycott of White House Correspondents’ Dinner
The mentalist Oz Pearlman is this year’s speaker. “Hopefully, it will be something very Special,” the president wrote on Truth Social. Source link
Middle East conflict drags down tourism, aviation shares: IndiGo falls almost 7%, Ixigo down 14%
Aviation and travel stocks were struggling with sharp sell-offs on Monday after Middle East conflict intensified and regional air traffic was disrupted. Shares of InterGlobe Aviation, which operates IndiGo, along with SpiceJet, Ixigo and Easy Trip Planners, dropped by up to 13.5% as multiple countries shut their airspace following US and Israeli strikes on Iran….
Trump Administration Abandons Efforts to Impose Executive Orders on Law Firms
The move amounts to a surrender in a clash that has led many law firms to submit to the president rather than face the threat of his executive orders. Source link
Gold price today: How much 24K, 22K gold costs in Delhi, Bangalore & more – check rates
Gold prices witnessed broad-based corrections across major retail markets on Monday, with most cities reporting declines in both 22 carat and 24 carat rates. The pullback in physical markets comes amid softer domestic trends, even as underlying bullion sentiment remains sensitive to global cues, especially amid the ongoing Iran-Israel-US conflict. Here is how much gold…
What Rising Oil Prices Could Mean for Drivers in the U.S.
A prolonged conflict in the Middle East could cause a spike at American gas pumps, as the busy driving season approaches. Source link
Russia remains largest supplier of crude to India in February, Saudi Arabia close second
NEW DELHI: While Russia remained the largest supplier of crude to India in Feb, Saudi Arabia narrowed the gap and emerged as a close second, with supplies from the West Asian country rising by 30% to over 1 million barrels a day (mbd), compared to 7.7 lakh barrels in Jan this year.According to data shared…