European markets edged lower Tuesday, as traders monitored developments in the Middle East and Ukraine amid renewed volatility in oil markets. The pan-European Stoxx 600 finished the day down about 0.6%, with regional sectors painting a mixed picture. In London,…
U.S. Secretary of State Marco Rubio held talks with Indian Foreign Minister Subrahmanyam Jaishankar on Saturday, as the two sides discussed the Middle East, trade, visas, maritime security and energy supplies, while Washington cited progress on efforts to resolve the…
Singapore Airlines-backed Air India will substantially cut international flights during the peak June to August travel period, as the Iran war-led airspace restrictions and record-high jet fuel prices weigh on the carrier’s operational viability. The Airline is cutting nearly 140…
Middle Eastern oil and gas producers are still scrambling to find and expand alternative routes for their exports, almost two months after the critical Strait of Hormuz was effectively shut to commercial traffic. There is still little clarity on when…
The United States is stepping up efforts to sell oil and gas to India as the world’s third-largest energy market grapples with supply disruptions from the Middle East and finds its alternatives shrinking after Washington ended waivers for Iranian and…
The Iran war has taken a toll on India’s merchandise exports, dragging them down by more than 7% in March, and dashing hopes of a recovery in a year already marred by U.S. tariffs. Experts warn that conditions could worsen…
India’s private sector activity in March slowed to its lowest level since October 2022 as weaker domestic demand for goods and services offset the highest rise in international orders, according to the HSBC flash Purchasing Managers’ Index compiled by S&P…
Shares of India’s HDFC Bank closed 5.11% lower on Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday, interim part‑time chairman, Keki Mistry said that Chakraborty…
Brent crude oil closed above $100 on Friday for the second consecutive session, as the Iran war heads toward its third week with oil tanker traffic through the Strait of Hormuz still effectively at a standstill. Brent futures rose 2.67%,…
President Donald Trump defended his tariff agenda during his State of the Union address Tuesday, even as a Supreme Court ruling striking down his emergency tariffs cast fresh confusion over the raft of trade deals negotiated with global partners. The…
