Business News - Page 4

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.

Short showers, long petrol queues and cold dinners: Asia pays the price for a war it didn't start

The Iran-Israel war has triggered a severe energy crisis across Asia, disrupting daily life from fuel shortages and factory shutdowns to government rationing, as the Strait of Hormuz blockade chokes global oil and gas supplies

The Iran war at the airport: Summer airfares up 10–15% now, United CEO warns it could reach 20%

Airfares have risen 10–15 per cent amid the Iran war-driven fuel surge and could climb up to 20 per cent, as airlines cut capacity and brace for shortages

Sensex surges over 1,100 points, Nifty nears 23,300 as ceasefire hopes spark broad rally

Indian markets rallied sharply on March 25, with the BSE Sensex surging over 1,100 points and the Nifty 50 nearing 23,300, as optimism over a potential US-led Iran ceasefire boosted global sentiment

Iran war drives global borrowers to China’s panda bond market as offshore funding falters

Foreign borrowers are increasingly turning to China’s onshore bond market, with panda bond issuance surging to record levels in March as the Iran war disrupts offshore funding channels

Australia inflation eases in February, but energy shock looms amid West Asia war

Australia’s inflation eased marginally in February, but rising oil prices from the West Asia conflict threaten to push costs higher again

BOJ policymakers favour further rate hikes, stress timely action amid inflation pressures

Minutes of the Bank of Japan January meeting show policymakers leaning towards further interest rate hikes, with some urging timely action to tackle rising inflation and yen weakness

India appoints K V Ramana Murty as SEBI whole-time member

India has appointed K V Ramana Murty as a whole-time member of the Securities and Exchange Board of India for a three-year term

US business activity hits 11-month low as West Asia war fuels inflation fears

US business activity hit an 11-month low in March as the West Asia conflict drove up energy costs, weakened demand, and raised fresh concerns about rising inflation

US oil prices fall nearly 4% on ceasefire hopes as supply fears ease

US oil prices dropped nearly 4 per cent as hopes of a West Asia ceasefire eased fears of supply disruption, though uncertainty over negotiations kept markets volatile

Food delivery gets pricier: Swiggy hikes platform fee to Rs 17.58, mirrors Zomato move

Food delivery duopoly tightens pricing as cost pressures mount; both platforms now charge near-identical fees

India moves to de-risk exports with ‘RELIEF’ scheme as global volatility persists

Government doubles down on export push with risk cover, digital reforms, and FTAs amid geopolitical uncertainty

Asia to grow 4.5% in 2026, remains global economic engine: Boao Forum report

Asia’s share of global GDP rises further as China and ASEAN anchor stability; AI momentum shifts toward the region

US-Iran conflict hits global oil markets harder than Russia-Ukraine war, says Chevron CEO

Mike Wirth flags tanker attacks, supply chain disruptions and slow recovery risks as Brent crude remains elevated

Europe better prepared: gas prices unlikely to revisit 2022 highs despite ongoing crisis

Stronger LNG supply, renewables surge and demand shifts cushion Europe against another price shock, says ING

Iran oil shock: Trump's energy secretary sees a blip, industry long-term price pressure

Oil markets face a widening outlook gap as the Trump administration calls the Iran-driven price spike a short-term blip, while industry leaders warn sustained high crude prices could slow global growth

Bad inflation coming, China eases fuel price hike as Iran war hits hundreds of millions of drivers

China has capped fuel price hikes to shield consumers from an oil shock triggered by the Iran war, economists warn rising energy costs could flip persistent deflation into damaging “bad inflation”

Crackdown on GLP-1 supply chain: Drug regulator tightens surveillance on weight-loss medications

Inspections across 49 entities, advisory against surrogate ads, and strict prescription norms underline India’s push to curb misuse of popular GLP-1 drugs

Australia’s business activity contracts for first time in 17 months as inflation, West Asia conflict weigh

Australia’s business activity contracts for the first time in 17 months as inflation and the West Asia conflict hit demand and confidence

India Inc loses momentum, war-driven cost surge drags private sector growth to 3-year low

India’s private sector growth weakened to a three-year low in March as rising costs from the West Asia conflict hit domestic demand, even as export orders surged

HDFC Bank appoints external counsel to review ex-chairman’s exit amid governance concerns

HDFC Bank has appointed external legal counsel to review former chairman Atanu Chakraborty’s resignation, as the lender moves to address governance concerns

Sensex climbs nearly 1,000 points as global rebound gathers pace; oil relief lifts risk appetite

Indian equity benchmarks surged in early trade, with the Sensex jumping nearly 1,000 points, tracking a global relief rally after easing West Asia tensions and softer oil prices boosted investor sentiment

Five-day pause, zero trust: Markets cheer Trump's Iran walkback, but analysts warn of whiplash risk

Global markets rallied on Monday after US President Donald Trump paused strikes on Iranian infrastructure, sending oil prices lower and boosting equities

Australia, EU seal trade deal amid global tensions, China diversification push

Australia and the EU sign a sweeping trade deal eliminating over 99 per cent of tariffs, boosting market access and strengthening Indo-Pacific ties amid global trade tensions

Japan inflation slips below BOJ target, clouds rate hike outlook

Cooling inflation and rising cost pressures from the West Asia conflict complicate the Bank of Japan’s policy path

Asian markets surge, oil slips as Trump delays Iran strike, eases supply fears

Asian markets rebound as Trump delays Iran strike, easing oil shock fears; equities gain, yields fall, and crude remains volatile

India well-placed to absorb global shocks, but West Asia crisis needs vigilance: RBI

The Reserve Bank of India says strong forex reserves and macroeconomic fundamentals will help India withstand global shocks, but warns the West Asia conflict requires close monitoring due to oil dependency

Gold swings wildly as Iran war fuels risk-off trade, dents safe-haven appeal

Bullion slides sharply despite geopolitical tensions as investors prioritise liquidity and brace for higher interest rates

'No panic, no shortage': Lulu’s Yusuff Ali walks the aisles as UAE calms food supply fears

No shortage, no panic: Lulu’s Yusuff Ali checks shelves as UAE assures stable food supply