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

Global Markets Update: Shares Steady, Oil Turbulence Deepens As Iran War Roils Markets

Shares steadied on Wednesday following a brief retreat in oil prices, but markets remained anxious as contradictory signals from the U.S.-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth.A short-lived pullback in oil came after the Read More

IndiGo CEO Pieter Elbers Resigns Over ‘Personal Reasons’

India’s low-cost passenger carrier IndiGo informed via an exchange filing on Tuesday, that Pieter Elbers, Chief Executive Officer at IndiGo, will be relieved from service effective close of business hours on March 10, 2026. In his resignation letter directed to the board of direc Read More

Indigo CEO Pieter Elbers Resigns Three Months After Widespread Outrage Over Operational Crisis

Indigo CEO Pieter Elbers Resigns Three Months After Widespread Outrage Over Operational Crisis Read More

‘Households Doubly Exposed’: Economist Shamika Ravi Raises Alarm Over LPG Supply Concerns

While India maintains the stance of having adequate LPG stocks, economist and member of PM’s Economic Advisory Council, Shamika Ravi, noted the vulnerability that Indian households face due to the dual petroleum dependency.”The dual petroleum dependency: Indian households now dep Read More

‘No Crisis’: Govt Ramps Up LPG Output; 70% of India’s Crude Sourcing Shifts Away from Hormuz

India has strengthened its energy supply buffers, even as tensions in West Asia continue to roil global markets, sources said while talking to Republic Media Network. Sources indicate that domestic LPG output has surged by around 10% over the last week, and crude oil imports have Read More

Essential Commodities Act: HPCL Bolsters LPG Production Amid Israel-US-Iran War

Amid an anxiety-stricken environment fueled by concerns over unperturbed LPG supply, Hindustan Petroleum Corporation Ltd (HPCL) noted, steps have been taken to enhance LPG production and prioritise its availability for domestic consumers and essential non-domestic sectors.Meanwhi Read More