Rupee Hits Record Low of 92.39 as $100 Oil and Iran War Jolt Indian Markets

The Indian rupee fell to a lifetime low on Friday on worries that sustained high oil prices would heighten risks for India’s economy as the war in the Middle East rages on, injecting turbulence into global financial markets.The rupee fell to 92.39 per dollar, eclipsing its previo Read More

India’s $980 Million Paper Export Industry Faces Cost Shock as West Asia Conflict Disrupts Trade

India’s paper sector is facing one of its toughest operating environments in recent years as geopolitical tensions in West Asia trigger simultaneous cost and export pressures.Industry stakeholders say the crisis has created a double squeeze; production costs are rising sharply du Read More

Gold Set For Weekly Drop As Oil Price Surge Weighs On Rate-Cut Hopes

Gold prices were on track for a second consecutive weekly drop, despite rising on Friday, as surging energy prices dimmed prospects for near-term U.S. interest rate cuts.Spot gold was up 0.7% at $5,112.82 per ounce, as of 0411 GMT on Friday. U.S. gold futures for April delivery f Read More

Air Freight Rates Soar As Middle East Conflict Blocks Trade Routes

Air freight rates have risen by as much as 70% on some routes since the start of the US-Israeli war on Iran, data shows, as the conflict limits flights, blocks some ocean shipments and pushes up jet fuel costs.Rates on routes between South Asia and Europe have been the most affec Read More

Opening Bell: Sensex Opens 600 Pts Lower, Nifty Below 23,500 Amid Israel-US-Iran Conflict

Indian stock markets opened in red on Friday, March 13, mirroring intense pressure due to the Israel-US-Iran conflict, oil prices yet again rising above the $100 mark and a sharp decline in the rupee.The BSE Sensex opened at 75,444 as compared to its previous close of 76,034, dec Read More

Where Is Panama Canal? The Interoceanic Waterway Emerges Alternate Oil Route As Strait Of Hormuz Crisis Deepens

Panama Canal Administrator Ricaurte Vásquez said Thursday that the conflict in the Middle East and rising fuel costs could ultimately benefit the interoceanic waterway as global shippers adjust routes.In an interview with The Associated Press, Vásquez said that higher energy, fue Read More

Global Market Update: Asian Stocks Slide As Iran War Keeps Oil Near $100, Dents Rate-Cut Bets

Asian stocks slumped on Friday, poised for a second straight weekly decline as fast-dwindling hopes of a resolution to the U.S. and Israel’s war with Iran kept oil prices aloft, casting a shadow over global markets and spurring inflation fears.The U.S. dollar has become the safe- Read More

Oil Prices Drop After US Issues License For Countries To Buy Russian Oil Stranded At Sea For 30 Days

Oil prices dropped on Friday morning after the U.S. issued a 30-day license for countries to buy Russian oil and petroleum products currently stranded at sea, easing supply concerns.Brent futures dropped 71 cents, or 0.71%, to $99.75 a barrel by 0123 GMT, and U.S. West Texas Inte Read More

Will Iran Grant Safe-Transit To Indian Oil Tankers Via Strait Of Hormuz?

Amid the ongoing Middle East crisis, India is in talks with Iran to secure a safe transit for over 20 tankers from the Strait of Hormuz.Foreign Ministers of both nations have deliberated over this in the recent period with the latest one prioritising “issues pertaining to the saf Read More

India’s Retail Inflation Edges Up to 3.21% in Feb; Food Prices Drive Jump

India’s retail inflation, as measured by the Consumer Price Index (CPI), quickened to 3.21% in February 2026, up from 2.75% in January. This marks the second reading under the government’s revised inflation framework, which recently moved to a 2024 base year.The latest data, rele Read More