Stock markets shuddered worldwide Monday on worries about whether the global economy can withstand spiking prices for oil, which briefly got to nearly $120 per barrel, their highest level since…
Category: Testing
Why Japan holds the world’s third-largest strategic oil reserve
Japan may be preparing to as tensions in the Middle East threaten global energy supplies and raise concerns over key shipping routes used by Asian economies. In fact, the country…
From $70 to above $110: Tracking crude oil’s sharp rise since February
Global crude oil prices have surged sharply over the past few weeks as the conflict involving Iran, Israel and the United States spread into the Gulf region, rattling energy markets…
Will Sensex, Nifty recover tomorrow? 3 things stock market investors should know
Dalal Street ended Monday on a weak note after a volatile trading session, as global tensions and rising crude oil prices triggered heavy selling across sectors. The BSE Sensex closed…
G7 considers emergency oil reserve release amid Gulf crisis
Global oil markets are facing fresh turbulence as the conflict in the Gulf pushes crude prices sharply higher. In response, finance ministers from the Group of Seven (G7) countries are…
Can crude oil rally trigger inflation in India? FM Nirmala Sitharaman explains
Global due to the ongoing conflict in the Middle East, but India does not expect the surge to significantly push up inflation, Finance Minister Nirmala Sitharaman said on Monday. Replying…
Sensex ends 1,353 points lower, Nifty below 24,100; SBI down 4%
Sensex ends 1,353 points lower, Nifty below 24,100; SBI down 4% This is a developing story. It will be updated. Source
Is the world ready for the ‘unthinkable’ amid West Asia conflict? IMF chief asks
The head of the International Monetary Fund (IMF) has warned that the ongoing conflict in West Asia could create serious economic risks if it continues for a long time, reported…
How ‘lucky number 7’ helped unravel an alleged cement cartel: Report
The Competition Commission of India (CCI) has uncovered details of an alleged price-fixing arrangement among three cement companies supplying to Oil and Natural Gas Corporation (ONGC), which are said to…
Using offshore gaming apps? Nithin Kamath warns of rising scam risks
A growing number of offshore money-gaming platforms are finding their way to Indian users through aggressive online advertising and simple payment systems. Because many of them operate from outside the…