The worst-case scenario in the oil market appears to be unfolding: Brent crude has breached $100 per barrel as the conflict involving the US and Israel and Iran continues to…
Category: Economy
The end of the ‘youthful’ state? India faces three-speed ageing
New Delhi: India is often described as a youthful country. Justifiably so, given that 58% of its population is below the age of 35 years and 41% is below 25…
Healthcare, tourism sectors key foundations of Developed India, says Modi
NEW DELHI: Sectors such as healthcare, education, and tourism are crucial for the foundations of a developed India, and reforms in these areas are essential for a holistic economic growth,…
Oil prices hit highest since 2022 at more than $119 a barrel on Iran war
Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of prolonged shipping disruption gripped…
G7 to discuss joint release of emergency oil reserves: Report
The Group of Seven (G7) finance ministers will discuss on Monday a joint release of oil from emergency reserves coordinated by the International Energy Agency, the Financial Times reported. Three…
India calls for increased use of kerosene, coal, biomass amid gas supply squeeze
New Delhi: The government seeks to increase the use of alternative fuels such as kerosene and coal amid a supply crunch caused by the West Asia conflict, which has forced…
What is Section 301 of the Trade Act of 1974? 16 US trading partners including India hit by Trump’s probe
The administration has initiated fresh investigations into alleged “unfair trade practices” by 16 major trading partners, including India, , and Bangladesh. The move aims to reapply tariff pressure following a…
India’s retail inflation firms up to 3.21% in February as food & beverage, clothing prices rise
NEW DELHI: India’s retail inflation firmed up to 3.21% in February, hit by the rise in prices of food and beverages, clothing and housing and utility services, according to provisional…
The long shadow of Hormuz: Why the energy shock will haunt India long after the guns fall silent
Chennai: Early February, India Inc heaved a sigh of relief. The US trade deal was finalized and tariffs fell. Industry leaders, who had spent most of 2025 battling trade disruption,…
Central banks could tilt hawkish as Middle East conflict fuels inflation risks
The odds of central banks across Asia and beyond taking a more hawkish stance appears to be rising the longer the conflict in the Middle East drags on. On Thursday,…