The war in Iran, now in its seventh week, has disrupted roughly 20 percent of global oil supply passing through the Strait of Hormuz and pushed energy prices to levels not seen since 2022. Yet the crisis is also accelerating a structural shift toward renewable energy, with analysts saying the transition could reshape global markets for decades.......
Asha Bhosle, one of the most iconic voices in Indian cinema music, has died in Mumbai at the age of 92, her family announced on Sunday. The legendary playback singer had been hospitalized due to exhaustion and was also suffering from a chest infection. Known for a career spanning more than seven decades, Bhosle recorded over 12,000 songs......
India has increased export duties on diesel and aviation turbine fuel as part of a revised taxation measure affecting its energy sector, according to an official government notification. The adjustment raises the windfall tax on diesel exports from 21.5 rupees per litre to 55.5 rupees per litre. Export duties on aviation turbine fuel have......
Domestic equity markets posted strong gains this week, rising nearly 6% and breaking a six-week losing streak, as easing geopolitical tensions between the United States and Iran boosted investor confidence and reduced global volatility. The BSE Sensex closed Friday 1.2% higher, gaining 919 points to finish at 77,550.25. The Nifty 50 also......
Amazon is preparing to roll out its ultra-fast delivery service, Amazon Now, in the United States and Europe after rapid growth in India. Chief executive Andy Jassy announced the expansion in his annual shareholder letter, positioning it as a major push into the fast-growing quick commerce sector. The service promises delivery of thousands......
The government of the Indian state of Telangana has submitted a major proposal to the central government for the expansion of the Hyderabad Metro Rail, aiming to significantly extend urban rail connectivity in the capital city Hyderabad. The proposed Phase 2 project covers an estimated 162 kilometres of new metro lines, divided into multiple......
The growing probability of a powerful El Niño event later this year is adding pressure to an already fragile global food system, as conflict in Iran continues to disrupt fertilizer supplies through the Strait of Hormuz. Economists and climate scientists warn that the combination of supply chain disruptions and extreme weather could......
India has decided to postpone the planned maintenance shutdown of around 10,000 megawatts of coal-fired power generation capacity until July, in a move aimed at ensuring sufficient electricity supply during peak summer demand. The announcement was made by Piyush Singh, an additional secretary at the federal Ministry of Power, who indicated......
India has temporarily relaxed export requirements for rice shipments to several European destinations, allowing certain exports to proceed without a mandatory inspection certificate, according to an official government notification. The measure applies to both basmati and non-basmati rice and will remain in effect for six months. Under the......
Google has expanded its redesigned Finance platform to more than 100 countries, marking the largest global rollout of the product since its relaunch last year and signaling a broader push to integrate artificial intelligence into consumer financial tools. The update brings full local language support to key markets including Australia, Brazil,......
The World Bank has cautioned that risks surrounding India’s projected economic growth remain tilted to the downside, despite a generally stable macroeconomic environment. India’s economy is expected to grow by around 6.6% in the 2026–2027 fiscal year, maintaining its position among the fastest-growing major economies. However,......
Air India announced on Tuesday that Campbell Wilson has resigned from his role as CEO and Managing Director. His departure comes as the airline continues to face ongoing financial difficulties and increased scrutiny from aviation regulators. The decision follows a tragic accident last year that claimed 260 lives, intensifying public and governmental......
Asian stocks and emerging market currencies edged higher on Monday as reports of a possible temporary ceasefire between the United States and Iran lifted investor sentiment, despite an approaching deadline set by US President Donald Trump for Tehran to reopen the Strait of Hormuz. Trading volumes remained thin due to public holidays across......
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