Business News - Page 5

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

Oil’s $114 to $96 slide: How Trump’s Iran pause eased the geopolitical risk premium

Oil slides from $114 peak to $96 low before stabilising near $101, as equities surge and dollar weakens on easing geopolitical fears

Brent crude slips 10% after Trump signals pause in Iran strikes amid ‘constructive talks’

Global oil markets saw a sharp sell-off on Monday after Donald J. Trump announced a temporary halt to planned US military strikes on Iranian energy infrastructure, triggering hopes of de-escalation in the Middle East.

‘Purpose and profits can go together’: Anand Mahindra cheers Genrobotics’ ₹80 crore Singapore win

Mahindra-backed startup beats 600 global firms, proves social-impact innovation can scale globally

Iran war sparks worst energy shock since 1970s oil crises: What happened then?

The global energy crisis triggered by the Iran conflict has reached historic levels, with the IEA warning that it exceeds the combined impact of the 1970s oil shocks and the Ukraine war. As the Strait of Hormuz remains disrupted, supply losses and rising prices are rattling economies worldwide

Gold crash: biggest fall in 40 years sparks buy-the-dip calls among long-term investors

After hitting record highs, gold tumbles over 15% in days as strong dollar and rising yields dominate—but analysts say the correction could favour patient investors.

Pakistan asks cricket fans to stay home as fuel crisis deepens amid West Asia war

Pakistan shifts its premier cricket league to a “watch-from-home” model as soaring fuel costs and supply disruptions strain the economy.

Is Iran charging $2 million for ships to pass through Strait of Hormuz?

Amid rising tensions with the US and Israel, Iran is reportedly charging up to $2 million for ships to pass through the Strait of Hormuz. With selective access, military threats, and disrupted oil flows, the crisis is reshaping global energy markets and maritime security

Rupee hits record low, nears 94 per dollar as oil shock and West Asia war rattle markets

The Indian rupee fell to a record low on Monday, pressured by a sustained rise in oil prices and mounting worries that the West Asia conflict could prolong energy supply disruptions

Sensex crashes over 1,700 pts, Nifty slips below 22,600 as oil shock rattles markets

Indian equities slumped sharply on Monday amid surging oil prices and a record-low rupee, while gold and silver prices also plunged on a stronger dollar and global volatility

Aramco cuts crude supplies to Asia for second month as Hormuz disruption tightens markets

Saudi Aramco cuts crude supplies to Asian buyers for a second straight month in April as disruptions in the Strait of Hormuz force a shift to Red Sea exports

Gold sinks to Rs 1.37 lakh, silver tumbles nearly 6% on MCX as strong dollar, profit booking hit bullion

Gold dropped to around Rs 1.37 lakh and silver fell nearly 6 per cent on MCX, hit by a stronger dollar and profit booking despite ongoing geopolitical tensions

Gold tumbles over 2% to four-month low as West Asia war fuels rate hike fears

Gold prices slipped more than 2% on Monday, extending their drop to a roughly four month low, as an escalating West Asia conflict stoked inflation concerns and expectations of higher global interest rates

Yen under pressure: Japan warns of intervention as oil shock, Fed outlook lift dollar

Japan warned of possible currency intervention as the yen weakened amid rising oil prices and West Asia tensions

Iran war drags global LNG exports to six-month low as Hormuz disruption bites

Global LNG shipments have fallen to their lowest level in six months as the Iran conflict disrupts flows through the Strait of Hormuz, compounding oil market volatility and deepening global energy supply concerns

Asian markets slide as Trump-Iran tensions rattle sentiment

Share markets slid in Asia on Monday and the dollar firmed as the United States and Iran traded escalating threats and Israel planned for "weeks" more fighting, sending oil prices on another rollercoaster ride.

Oil surges past $110 as Trump ultimatum, Iran’s Hormuz threat rattle markets

Oil prices surged above $110 per barrel as US President Donald Trump issued a 48-hour ultimatum to Iran, which threatened to indefinitely shut the Strait of Hormuz, intensifying supply concerns and market volatility

Dalal Street this week: Sensex swings wildly; rebounds fail to offset steep losses

Dalal Street witnessed extreme volatility this week as Iran war tensions and oil price spikes triggered a sharp sell-off, erasing early gains despite a late recovery

India’s forex reserves drop $7.05 bn to $709.76 bn; gold holdings rise

India’s forex reserves dropped $7.05 billion to $709.76 billion in the week ended March 13, driven by a fall in foreign currency assets while gold reserves recorded a marginal increase.

Uber’s major bet on Rivian puts the EV maker firmly on the road to robotaxis

Known for its electric pickups, SUVs and delivery vans, Rivian Automotive is now pushing deeper into autonomous mobility

No planes, no buyers: Iran war strands Gulf’s meat cargoes, Kenyan supplies 5% down

Escalating Israel-Iran conflict disrupts key trade routes, stranding East African meat exports to the Gulf, slashing Kenyan shipments by 5 per cent and hitting pastoral incomes during peak Eid demand

Generic Ozempic to cost Rs 1,290 in India: A game changer in the fight against obesity?

With semaglutide going off patent in India, copycat versions of Novo Nordisk’s blockbuster drugs are set to arrive at dramatically lower price points—from ₹1,290 to around ₹4,500— far below branded therapy levels, according to Bloomberg.

Zomato hikes platform fee by Rs 2.40 amid LPG, fuel cost surge

Zomato has raised its platform fee by Rs 2.40 per order amid rising LPG and fuel costs, increasing overall food delivery expenses for consumers in India

Sensex ends 326 points higher, Nifty above 23,100 as oil cools

Indian markets close modestly higher, with Sensex up 326 points and Nifty above 23,100, as easing oil prices support recovery while HDFC Bank drags indices lower

Rupee sinks to all-time low, breaches 93 against US dollar amid West Asian tensions

The Indian rupee slid to a fresh record low in early trade on Friday, breaching the 93-mark against the US dollar for the first time ever.

Iran war, oil and inflation: Commodity traders hiring spy consultants as gold loses safe-haven shine

Escalating Iran war is disrupting global commodity markets, pushing traders to rely on covert intelligence networks for real-time data