US Airstrikes Hit Kharg Island Military Sites; Iran’s ‘Orphan Pearl’ Oil Hub at Risk

In a major escalation of the West Asia conflict, U.S. forces carried out heavy bombing raids on Saturday, March 14, targeting military installations on Kharg Island, widely regarded as the most critical node in Iran’s oil export infrastructure.The strikes focused on military asse Read More

Crude Oil Prices Surge Over 40% In 15 Days Since US-Israel-Iran Conflict Began

Crude oil prices in the international market have surged by more than 40 per cent in just 15 days amid the ongoing war involving the United States, Israel and Iran, which has disrupted the energy supply route through the Strait of Hormuz and affected global energy markets, partic Read More

Governments Worldwide Launch Emergency Subsidies to Combat Record Global Energy Costs

Governments worldwide are moving quickly to shield consumers from soaring energy costs as a major disruption to global oil and gas supplies ripples through economies, stokes inflation and squeezes household budgets.Here’s a snapshot of how different countries are responding, with Read More

US Will Soon Escort Ships Through Strait of Hormuz As Oil Prices Roil Global Economy: Donald Trump

US President Donald Trump said on Friday the U.S. would soon begin escorting ships through the Strait of Hormuz to protect them from Iranian attack, as his administration searches for ways to ease high oil prices fuelled by the U.S.-Israeli war on Iran.Trump issued a temporary wa Read More

India’s Forex Reserves Fall Most In Over A Year On Central Bank’s Rupee Defence

India’s foreign exchange reserves fell to $716.81 billion in the week through March 6 from $728.49 billionin the previous week, Reserve Bank of India data showed on Friday.The $11.68 billion decline in reserves last week came amid heavy dollar sales by the central bank to support Read More

Govt Cuts IPO Float Requirement for Large Firms; Jio, NSE Listings Get Boost

In a move aimed at enabling some of India’s largest companies to tap the equity markets, the government has amended the Securities Contracts (Regulation) Rules, easing the minimum public shareholding requirements for mega initial public offerings.The changes, notified by the Mini Read More

Booking IndiGo Flights to Burn A Hole in Your Pocket Now, Thanks To ‘Fuel Charge’ Amid Soaring Oil Prices

New Delhi: The war in the Middle East has entered its 14th day, throwing global energy markets into chaos as fuel prices show no signs of stabilising. Amid this energy crisis, the country’s largest airline, IndiGo has announced that it will levy surcharge on domestic, internation Read More

India’s $57B Gulf Export Corridor Braces for Impact as War Risks Spike Shipping and Insurance

India’s export sector is facing its most significant geopolitical disruption since the global supply chain shocks of 2022, as tensions in West Asia ripple across shipping lanes and trade corridors.With the strategic maritime route around the Strait of Hormuz effectively emerging Read More

Adobe Shares Drop After CEO Exit Adds to AI-Disruption Concerns

Adobe’s shares plunged 9% in premarket trading on Friday after the Photoshop maker said CEO Shantanu Narayen would step down after 18 years at the helm, unsettling investors already wary of AI-driven disruptions to the design software market.The long-time CEO’s exit comes at a cr Read More

FM Nirmala Sitharaman Proposes ₹2.81 Lakh Crore Supplementary Grants for Defence, Rural Jobs in Lok Sabha

New Delhi: Union Finance Minister Nirmala Sitharaman on Friday presented the Supplementary Demands for Grants – Second Batch for 2025-26 in the Lok Sabha, proposing a gross expenditure of approximately Rs 2.81 lakh crore.  The proposal, which includes cash, technical, and token s Read More