The Times of India - Business (10 hours ago)
Beyond oil, it's important to note that West Asia plays an important role in supplying India with essential commodities. In 2025, India's imports from the region of approximately $98.7 billion included critical resources such as energy, fertilisers and industrial inputs.
ReadThe Times of India - Business (13 hours ago)
Despite the rising tensions in West Asia, India remains confident in its energy supply, undertaking daily assessments and maintaining a strong inventory. By diversifying sourcing to include Australia and Canada, India enhances its energy security. In addition, strategic reserves and ongoing dialogues with global energy organizations and the United...
ReadNDTV - Business (14 hours ago)
At the interbank foreign exchange, the rupee opened at 92.16 and touched an intraday high of 91.30 against the greenback. The currency ended the session at 91.60 (provisional) against the dollar, registering a gain of 45 paise from the previous closing level.
ReadThe Times of India - Business (14 hours ago)
Tensions in the Middle East are raising concerns over disruptions to the Strait of Hormuz, a vital energy shipping route. Goldman Sachs reports early signs of stress, with tanker traffic showing disruptions and financial markets factoring in geopolitical risk. A prolonged closure could significantly impact global oil and LNG supplies, affecting...
ReadThe Times of India - Business (15 hours ago)
Gold prices experienced mixed movements in futures trading on Thursday. Meanwhile, retail bullion rates across major Indian cities saw a slight dip, reflecting recent global market volatility. Consumers in Delhi, Mumbai, and Kolkata observed a Rs 98 decrease per gram for 24K gold, while other cities also reported similar corrections.
ReadThe Times of India - Business (16 hours ago)
Despite escalating Middle East tensions and a surge in global crude oil prices, petrol and diesel rates in major Indian cities remain steady. Government sources indicate a strategy to shield consumers, with oil marketing companies absorbing some of the price hike. This approach aims to prevent significant inflation and GDP impact, ensuring...
ReadThe Times of India - Business (18 hours ago)
Ship-tracking data indicates that two Russian crude shipments which were originally bound for East Asia have redirected their course to India. With its energy security priorities in mind, India has sought to buy Russian crude to avoid supply shortages as Middle East tensions show no sign of abating.
ReadThe Times of India - Business (19 hours ago)
Financial giant Morgan Stanley has reduced its workforce by 2,500 employees. This move impacts investment banking, trading, and wealth management. Financial advisors remain unaffected. The company achieved record revenue in 2025 and saw strong profits. Executives were optimistic for 2026. Job cuts are attributed to strategy and performance. This...
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