Middle East Crisis: What Happens To India If Oil Persists At $100 Per Barrel?

Amid the ongoing Middle East crisis if the crude oil prices persist at $100 India’s current account deficit (CAD) could widen to 2% of GDP from1% at$70 per barrel.The ongoing Israel-US-Iran war has already intensified Asia’s energy crisis and caused global supply chain disruption Read More

LPG Supply Disruptions Hit Hotels Across Cities; Bengaluru Protests, Mumbai Restaurants Cut Menus

A disruption in LPG supply triggered protests by hotel owners across cities on Wednesday, with several restaurateurs warning that the ongoing shortage could severely affect business operations.Hotel owners and staff staged a protest in the Gandhi Bazaar area of Bengaluru, demandi Read More

India Eases Some Investment Norms For China, Ending Six Years Of Friction

India approved easing restrictions on Chinese investments in select sectors on Tuesday, in a major step by Prime Minister Narendra Modi to rebuild ties with Beijing and end six years of friction.Below is a timeline of events since a deadly border clash between the two nuclear-arm Read More

Reliance Erases Early Gains, Falls 0.8% Despite Trump’s $300 Billion Texas Refinery Deal Announcement

Shares of Reliance Industries Limited reversed early gains in Wednesday’s session, slipping into negative territory despite a major investment announcement involving a proposed refinery project in the United States.The stock was trading at ₹1,397.30 at around 11:48 AM IST, down ₹ Read More

Shares Steady, Oil Turbulence Deepens Over Middle East War Fears

Shares steadied on Wednesday, March 11 following a retreat in oil prices, but contradictory signals from the U.S.-Israeli war on Iran kept investors anxious over the risks to inflation and global growth.A pullback in oil came after the Wall Street Journal reported that the Intern Read More

Indigo Shares Surge 3% After CEO Quits; Analysts See No Major Strategic Shifts

The shares of low-cost passenger carrier IndiGo rose as much as 3% to hit a intra-day high of Rs 4512.20 apiece on Wednesday, March 11, after IndiGo CEO Pieter Elbers resigned citing ‘personal reasons’.Rahul Bhatia, Managing Director of IndiGo, will in the interim period assume m Read More

IEA Proposes Largest Oil Reserve Release in History to Curb Soaring Prices Amid Middle East War

The International Energy Agency has proposed the largest release of oil reserves in its history to restrain soaring crude prices amid the U.S.-Israel war with Iran, the Wall Street Journal said on Tuesday, citing officials familiar with the matter.The release would exceed the 182 Read More

Asian Shares Advance As Markets Await Signals On When The War With Iran May End

Asian shares advanced Tuesday as U.S. stocks held steady while investors awaited signals on when the war with Iran may end.U.S. futures and oil prices edged higher.Tokyo’s Nikkei 225 gained 2.1% to 55,387.75 and South Korea’s Kospi surged 3.5% to 5,724.30.In Hong Kong, the Hang S Read More

IndiGo Jumps 3% as Top Brokerages Back Strategy After CEO Pieter Elbers Quits

Shares of InterGlobe Aviation, which operates India’s largest airline IndiGo, rallied in early trade on Wednesday despite the abrupt resignation of Chief Executive Officer Pieter Elbers.The stock climbed ₹114.95 or 2.62% to ₹4,498.40 by around 10:52 AM IST, after touching an intr Read More

Bears Tighten Grip: Sensex Sheds 500 Pts From High; Nifty Struggles at 24,100 Support

Indian equity markets reversed early gains on Wednesday as selling pressure intensified across banking, IT, and telecom stocks, dragging benchmark indices lower during mid-morning trade.The BSE Sensex fell to 77,818.73 by 10:24 AM IST, down 387.25 points or 0.50% from the previou Read More