Latest News, Updates & Breaking Headlines
In response to disruptions in cargo movement linked to the Middle East crisis, the government has allowed an additional 30 days for the gems and jewellery sector to fulfil specific export and import timelines.The relaxation comes as exporters face delays in consignments to key markets in the region, which accounts for nearly 30 per cent…
India’s economic outlook continues to be supported by strong domestic demand and improving high-frequency indicators, even as rising geopolitical tensions in the Middle East add a fresh layer of global uncertainty and raise the risk of stagflation, Morgan Stanley said in its recent report.The report said that “domestic demand remains resilient; however, headwinds are emerging…
The Middle East conflict has now crossed the one-month mark, with its effects causing ripples far beyond the region and into everyday life across the globe. What began as a confrontation between Iran and Israel is increasingly disrupting global supply chains, pushing up costs, and forcing governments and individuals to adjust.The war entered a new…
A month into the Donald Trump-designed war with Iran, Washington is quietly expanding its military footprint in the Middle East, sending several hundred additional troops to join a growing force of Marines and Army paratroopers. The deployments, US military officials told The New York Times on Sunday, are meant to give the president a wider…
Asian markets opened the week on a weak footing, with investor sentiment weighed down by surging oil prices and escalating tensions in the ongoing US-Iran conflict. While Nikkei slid 5%, South Korea’s Kospi fell over 4%, though the indices later pared some of the losses.On Monday, Hong Kong’s Hang Seng Index fell 412 points or…
Oil prices surged sharply on Monday, with Brent crude crossing the $110 mark and West Texas Intermediate (WTI) climbing past $100 a barrel, as the Middle East conflict completed its one month. Markets remained on edge as Houthis enter the Iran war and US plans to extend onground presence in the region, further fueling uncertainty…
Screengrab from video posted on X Pak deputy PM falls (Screengrab from video posted on X) Screengrab from video posted on X Pak deputy PM falls (Screengrab from video posted on X) Screengrab from video posted on X Pakistan’s deputy prime minister, foreign minister Ishaq Dar fell on the red carpet on Sunday while receiving…
Top diplomats from key regional powers gathered in Pakistan over the weekend to discuss ways to end the ongoing conflict in the Middle East, even as fighting continued with US-Israeli strikes on Iran and retaliatory missile and drone attacks by Tehran.Pakistan said foreign ministers from Saudi Arabia, Turkey and Egypt were participating in the talks…
Precious metals are likely to remain in a corrective phase in the coming week, with investors expected to closely track developments in the Middle East and a packed calendar of global economic data for fresh cues.Analysts cited by news agency PTI said that speeches by US Federal Reserve Chair Jerome Powell on Monday, along with…
Developments in the month-long war in Middle East, movements in crude oil prices and broader global cues are expected to remain the biggest triggers for Indian stock markets in the holiday-shortened week ahead.Analysts cited by news agency PTI said that investors will also closely track the rupee’s movement against the US dollar and the trading…
