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…
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…
The mentalist Oz Pearlman is this year’s speaker. “Hopefully, it will be something very Special,” the president wrote on Truth Social. Source link
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….
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 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…
A prolonged conflict in the Middle East could cause a spike at American gas pumps, as the busy driving season approaches. Source link
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…
The Trump administration said in a memo it wanted to “avoid the risk of impaired objectivity” by hiring former staff members to wind down operations at the U.S. Agency for International Development. Source link
The Emirates’ reputation as a safe destination in a volatile area was put to a brutal test in recent days as Iran, retaliating against U.S.-Israeli attacks, targeted the region with missiles and drones. Source link
