Business News - Page 3

Anthropic eyes October IPO as AI race with OpenAI intensifies: Report
Anthropic is considering an IPO as early as October as the Claude AI maker accelerates its race with OpenAI amid surging investor interest in artificial intelligence

Dollar nears multi-month peak as West Asia war fears boost safe-haven demand
The dollar pushed higher toward multimonth peaks on Friday as investors sought safety in the shadow of an intensifying Middle East war and mounting doubts over any path to deescalation.

Stocks post worst day since war began even as Trump says Iran is ‘begging’ for a deal
US stocks tumbled as the Nasdaq confirmed a correction, with West Asia tensions, rising oil prices and fading rate-cut hopes weighing on sentiment

UK consumer confidence sinks to 11-month low as Iran war stokes inflation fears
UK consumer confidence fell to an 11-month low in March, as the Iran war fuelled inflation fears, dampened spending appetite, and raised concerns over the economic outlook

Fed’s Cook warns Iran war tilts risk balance toward inflation, clouds rate-cut outlook
Federal Reserve Governor Lisa Cook warns the Iran war has heightened inflation risks, pushing back expectations of US rate cuts as oil prices surge and economic uncertainty deepens

Reliance Industries denies buying Iranian crude, rejects claims of 5 million barrel deal
Company issues categorical clarification amid claims of 5 million barrel purchase under US waiver

US jobless claims edge up to 210,000, signalling resilient labour market despite slowing hiring
Weekly filings rise in line with expectations, while continuing claims dip; Fed holds rates steady amid oil-driven inflation risks

Iran war derails global growth momentum, OECD warns as inflation risks surge
Middle East conflict wipes out expected global growth upgrade, pushes inflation higher amid energy supply fears

RBI digital payment rule changes from April 1: Two-factor authentication mandatory for all transactions
The Reserve Bank of India is set to overhaul digital payment security by mandating two-factor authentication for all transactions starting from 1 April 2026.

India keeps inflation target at 4% for next 5 years, retains 2–6% band amid global risks
Government backs RBI’s existing framework as oil shocks and geopolitical tensions threaten to push prices higher in FY27

Credible success on inflation as India keeps price growth firmly anchored at 2.1% in FY26
ICICI Bank report flags higher sensitivity of CPI to oil prices as fuel weight rises and food share declines

From Brent to Dubai: What are crude oil benchmarks and how they quietly decide what you pay for fuel
How a complex web of global benchmarks, traders and markets determines the price of every barrel

WTO reform hangs in balance as Cameroon talks open amid sharp global divisions
Trade ministers gather in Cameroon for WTO reform talks, but deep divisions over dispute settlement, digital trade rules, and geopolitical tensions threaten progress

Japan IPOs slump: First-day flops hit six-year high amid Iran war jitters
Japan’s IPO market is facing its weakest run of debut performances since 2020, as rising geopolitical tensions linked to Iran dampen investor sentiment and curb risk appetite

Elon Musk’s SpaceX eyes IPO as early as this week, could raise over $75 billion: Report
SpaceX is preparing to file for an IPO as early as this week, with plans to raise over $75 billion in what could become one of the largest listings ever

Trump tariffs lifted revenue but barely moved US GDP in 2025: Study
Tariffs imposed under Donald Trump in 2025 had little effect on US economic growth but generated a rise in federal revenues and deepened the shift away from China in global trade

US Fed’s losses narrow sharply to $19.6 billion in 2025 as rate cuts ease pressure
The US Federal Reserve’s losses narrowed sharply to $19.6 billion in 2025 as falling interest expenses and rate cuts eased pressure, though a full return to profitability may take years

Stock market holiday: BSE, NSE shut today for Ram Navami, trading to resume Friday
Indian stock markets remained closed on March 26 for Ram Navami, with trading set to resume on March 27 amid a series of upcoming holidays and mixed global cues

Asian markets drift as ceasefire hopes in West Asia meet investor scepticism
Asian stocks traded mixed as investors remained cautious amid uncertain West Asia ceasefire talks, while elevated oil prices and inflation fears kept markets on edge

Oil climbs over 1% as ceasefire hopes dim in West Asia; supply disruptions keep markets on edge
Oil prices rose over 1 per cent as fading ceasefire hopes in West Asia and widening supply disruptions kept markets volatile despite a sharp build in US crude inventories

Russia loses 40% of oil export capacity as Ukraine hits ports, pipelines and tankers
Ukraine’s intensified drone strikes, pipeline disruptions and tanker seizures have knocked out around 40 per cent of Russia’s oil export capacity

Indian govt keeps RBI's inflation target unchanged at 4% for next five years
The Indian government on Wednesday renewed the Reserve Bank of India's inflation mandate without any changes, asking the central bank to keep retail inflation at 4 per cent with a tolerance band of 2 per cent on either side.

Kenya and China sign zero-tariff deal, but can it fix a $4 billion trade gap?
Kenya and China on March 24 took a step ahead in their efforts to fix a deeply lopsided trade relationship, with top leaders from both countries signing a zero-tariff agreement that could open one of the world's largest consumer market to Kenyan goods.

Imported inflation strikes again: US import prices post biggest jump in nearly 4 years
A fresh wave of inflation may be looming over the United States, this time driven by external factors.

Jewellery demand drops 17%; investment jumps 60% in gold market shake-up in first half of FY26
ICRA-Assocham report shows sharp shift from consumption to safe-haven investing amid global uncertainty

Iran war may fracture dollar dominance, trigger ‘petroyuan’ shift: Deutsche Bank
Conflict risks exposing cracks in the 50-year-old petrodollar system as energy flows, geopolitics and currency alliances realign

Wall Street is already mapping the reconstruction play in Iran, Ukraine, and Cuba
Leading financial figures and former military commanders are beginning to weigh the immense potential of post conflict zones as the next frontier for international investment.

Navi Mumbai airport set to enter top 10 domestic hubs this summer
The airport will connect to 45 destinations starting in April, a remarkably rapid expansion for a new site.

India buys 60 million barrels of Russian oil as Hormuz disruption tightens supply
India buys 60 million barrels of Russian crude for April delivery as disruptions in the Strait of Hormuz tighten global supply, pushing refiners to diversify sourcing amid the ongoing West Asia conflict

$95 oil isn’t the shock it once was, but $120 could change everything: Report
DSP Mutual Fund analysis shows the global economy is structurally less vulnerable to oil shocks but warns that a move toward $120–$150 per barrel could still trigger real stress.