Latest News, Updates & Breaking Headlines
NEW DELHI: Gold demand in India has slipped by nearly 70 per cent after the government doubled import duty on the precious metal earlier this month.The higher fuel and food prices linked to the ongoing Iran conflict had further dragged down the consumer sentiment.Industry estimates showed gold demand fell to around 7.5 tonnes in the…
TOI Correspondent from Washington: MAGA supremo Donald Trump’s theological skirmish with Pope Leo — spiritual head of more than a billion Catholics — has triggered a backlash from his own conservative base, with Republican leaders, Christian activists and late-night comedians converging, for once, on the same punchline.What might once have been dismissed as another burst…
TOI correspondent from Washington: Iran has moved to reassert control over the Strait of Hormuz within hours of Israel’s continued strikes in Lebanon, putting a squeeze on shipping movement just 48 hours before talks are scheduled to commence in Islamabad. Tehran’s actions—ranging from enhanced inspections to outright halts of tankers—have contradicted US claims that the…
File photo (Picture credit: AP) US stocks fell on Tuesday as investors turned cautious ahead of President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz, with markets on edge over whether the conflict in Middle East could intensify further.Wall Street’s three main indexes were in the red in early trade, dragged lower…
Star batter Virat Kohli has started his preparations for the Indian Premier League (IPL) 2026 season, taking part in Royal Challengers Bengaluru’s (RCB) training session at the M Chinnaswamy Stadium. During the nets, Kohli faced Bhuvneshwar Kumar, setting up a contest within the squad ahead of the new season.A video from the session showed Bhuvneshwar…
Foreign portfolio investors (FPIs) turned aggressive sellers in Indian equities in March, pulling out Rs 52,704 crore (around USD 5.73 billion) from the cash market in the first fortnight of the month. The withdrawals come amid escalating tensions in West Asia, the weakening of the rupee and growing concerns over the impact of elevated crude…
War, Oil, Markets: HSBC’s Bold Bet on the Gulf Amid Iran vs US-Israel Crisis Even as geopolitical tensions escalate across the Middle East, global banking giant HSBC has publicly reaffirmed its confidence in the long-term economic strength of the Gulf Cooperation Council (GCC) economies, signalling that international financial institutions are not retreating from the region…
The ongoing crisis in the Middle East has brought the Strait of Hormuz to the brink of closure, disrupting global oil supplies and forcing Gulf nations like UAE, Iraq and others, to slash production. With storage tanks filling rapidly, analysts warn of the growing risk of a total production shutdown if output is not carefully…
NEW DELHI: As the conflict in West Asia continues to disrupt global energy flows, the Indian government has moved to safeguard domestic fuel supplies. With crude oil prices fluctuating amid uncertainty over shipments through the Strait of Hormuz, New Delhi has invoked provisions of the Essential Commodities Act (EC Act) to regulate the supply and…
Global oil prices surged on Friday as the conflict in West Asia intensified, pushing benchmark crude above the $90 mark amid fears of further supply disruptions.The Brent North Sea crude, the international oil benchmark, rose more than 5% to $90.25 per barrel, its highest level since April 2024, AFP reported.The US benchmark West Texas Intermediate…
