Economy National
The Indian rupee is expected to remain under pressure near record lows despite some relief from falling oil prices, as maturing non-deliverable forward positions and capital outflows continue to drive dollar demand. The Reserve Bank of India was seen intervening through state-run banks to limit further losses, helping the rupee hold just above its weakest-ever […]
International
Iran’s military has rejected US President Donald Trump’s latest suggestion that talks are underway, with a senior spokesperson using unusually blunt language to dismiss the claim. The response, carried by Iranian state-linked media, underlines Tehran’s continued refusal to publicly acknowledge negotiations with Washington, even as diplomatic speculation has intensified
International
Canadian Energy Minister Tim Hodgson said the world is facing what he described as the biggest disruption to energy supplies in history, as the Iran war continues to shake global oil and gas markets. Speaking at CERAWeek in Houston, Hodgson argued that Canada is well placed to respond to the crisis by offering stable alternative […]
Economy National
The rupee fell 20 paise to 93.73 against the US dollar in early trade on Tuesday, reflecting continued pressure on the Indian currency from higher crude oil prices, persistent foreign fund outflows and a firm American dollar. The decline came after the rupee had already touched record low levels in recent sessions as the West […]
International
U.S. President Donald Trump said “things are going very well” with Iran after announcing a five-day pause on planned strikes against Iranian power plants, signalling a sudden shift from military escalation to a possible diplomatic opening. The move quickly eased market fears, with oil prices falling as traders reacted to the prospect of talks instead […]
International
The head of the International Energy Agency has warned that the global economy is facing a major threat as the current energy shock combines elements of past oil crises with fresh gas market disruption. Speaking in Canberra, IEA Executive Director Fatih Birol said the ongoing conflict has created one of the most serious energy emergencies […]