Representative AI image India on Saturday reviewed its crude oil and fuel supply position amid escalating geopolitical tensions in the Middle East, with the government asserting that it is closely monitoring developments to safeguard domestic availability.“In view of ongoing geopolitical developments in the Middle East, the Minister of Petroleum & Natural Gas reviewed the supply […]
What is the Employees’ Provident Fund interest rate for FY 2025-26? Here’s what EPFO has decided
EPFO interest rate (AI image) EPFO interest rate FY 2025-26: The central government has decided to keep the annual interest rate on Employees’ Provident Fund deposits unchanged at 8.25 per cent for the financial year 2025–26, the Ministry of Labour and Employment said. The move is expected to benefit crores of workers by reinforcing their […]
Qatar state‑run QatarEnergy halts LNG production after Iran drone attacks, sends European gas prices soaring
Qatar’s state-owned energy giant, QatarEnergy, announced on Monday that it had suspended liquefied natural gas (LNG) production following Iranian drone attacks on two of its key processing facilities. The halt affects operations at Ras Laffan Industrial City, the world’s largest LNG complex, and Mesaieed Industrial City, both critical hubs for the Gulf state’s gas output.Qatar’s […]
Wall Street dips as US-Israeli strikes on Iran push oil higher; Dow Jones down 0.7%, S&P500 dips 0.5%
Wall Street opened lower on Monday as the US-Israeli military campaign against Iran escalated across the Middle East, sending oil prices sharply higher.About 20 minutes into trading, the Dow Jones Industrial Average was down 0.7 percent at 48,661.35. The S&P 500 lost 0.5 percent to 6,845.44, while the tech-heavy Nasdaq Composite fell 0.4 percent to […]
Middle East oil shock risks: How much do China, India, Japan depend on Middle Eastern crude, gas?
Asia relies heavily on energy supplies from the Middle East, leaving the region particularly exposed. (AI image) Middle East tensions due to the ongoing conflict of Israel and the US with Iran have raised fears of the Strait of Hormuz – a key maritime route being closed – threatening crude oil and LNG supplies for […]
Oil surges as Strait of Hormuz disruptions raise global supply fears
Oil prices surged sharply on Monday as disruptions to tanker traffic through the Strait of Hormuz heightened concerns over global energy supply amid US and Israeli attacks on Iran. US crude jumped 7.6 per cent to $72.12 per barrel, while Brent crude rose 8.6 per cent to $79.11 per barrel. European natural gas futures also […]
Gold price today: How much 24K, 22K gold costs in Delhi, Bangalore & more – check rates
Gold prices witnessed broad-based corrections across major retail markets on Monday, with most cities reporting declines in both 22 carat and 24 carat rates. The pullback in physical markets comes amid softer domestic trends, even as underlying bullion sentiment remains sensitive to global cues, especially amid the ongoing Iran-Israel-US conflict. Here is how much gold […]
Stock Market Holiday On Holi: Stock market holiday for Holi 2026: Will NSE, BSE remain closed on March 3 or 4?
Stock market holiday: Holi is just on the horizon and investors are confused about whether stock market will remain closed on March 3 or on March 4. According to the Exchange’s list of holidays, Dalal Street will remain closed on March 3 and not March 4, on the occasion of Holi, giving traders and investors […]
India Iran Israel Us: US-Israel-Iran war: What’s the impact on India? Explained in top 5 points
The ongoing US-Israel conflict with Iran has both geopolitical and economic consequences for the world, and India is expected to be impacted too if it persists. Policymakers are closely monitoring crude oil prices and cargo movement following the renewed tensions in the Middle East, though they maintain that it is premature to gauge the broader […]
Middle East on edge: What does it mean for Indian oil markets?
The Middle East is on a boil and concerns are raising on what it might mean for India. New Delhi imports nearly 88% of its crude oil needs, so any disruption in global supplies can quickly push up its oil bill and fuel inflation. Fresh security concerns around the Strait of Hormuz have already driven […]