NEW DELHI: The military strikes on Saturday put the spotlight on the Strait of Hormuz, a critical global shipping route for India and other Asian countries, prompting officials here to activate contingency plans to safeguard energy supplies, reports Atul Mathur.While keeping a close watch on the unfolding situation, they also have an eye on crude…
Escalating tensions between Israel and Iran are set to test investor nerves at the start of the week, with Indian equities likely to open sharply lower amid a risk-off mood across global markets.The nervousness follows Israel’s preemptive strikes on Iran after nuclear deal talks with the US failed to yield a breakthrough. President Donald Trump…
UAE Announces Petrol and Diesel Prices for March 2026: What Drivers in Emirates Need to Know The United Arab Emirates Fuel Price Committee has released its official fuel price updates for March 2026, giving motorists a clear picture of how much they will be paying at the pump for petrol and diesel this month. The…
OPEC+ could consider raising oil output more than previously planned when key producers meet on Sunday, as Gulf exporters move to cushion markets from potential supply disruptions after US-Israeli strikes on Iran, Reuters reported, citing two sources close to the talks.Eight members of the oil alliance — Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq,…
Photo credit- PTI Prime Minister Narendra Modi inaugurated Micron Technology’s semiconductor facility at Sanand in Gujarat, asserting that India is now expanding its global identity beyond software into hardware manufacturing as it seeks a larger role in the global semiconductor value chain.The US-based company’s ATMP (Assembly, Testing, Marking and Packaging) plant, the first such facility…
UAE Food Stock Update: Are Supermarkets Running Out Amid Iran–US-Israel Tensions? Amid escalating geopolitical tensions in West Asia, including recent missile exchanges involving Iran, the United States and Israel that rattled Gulf cities and triggered regional alerts, the United Arab Emirates has reassured the public that its markets remain stable and strategic food reserves are…
Tankers have begun to steer clear of the region and the Strait of Hormuz, threatening to push up energy prices. Source link
Sergio Gor (File photo) India’s role in the global semiconductor supply chain is “essential” as other countries in the neighbourhood seek to dominate legacy chip production, US Ambassador to India Sergio Gor said on Saturday at the inauguration of Micron Technology’s semiconductor facility in Sanand, Gujarat.Speaking at the event where Prime Minister Narendra Modi inaugurated…
Indian exporters have flagged fresh concerns over logistics disruptions and rising costs after the US and Israel launched strikes on Iran, triggering retaliatory attacks and escalating tensions across the Middle East.Industry bodies said prolonged instability in the region could disrupt key shipping corridors, push up marine insurance premiums and increase transportation costs, affecting outbound shipments…
Once paychecks stop, it can be frightening to shift out of the savings habit. But there are strategies to enjoy your nest egg and make it last. Source link
