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Sensex, Nifty 50 brace for selloff as Iran war pushes crude oil prices to $100

India, March 9 -- India's stock market is poised for a sharp plunge at the open today as the widening Iran war in West Asia sends crude oil prices soaring, threatening to reignite domestic inflation a... Read More


Iran war wipes out rRs.r25 lakh crore in investor wealth in just five sessions

India, March 9 -- India's stock market extended their steepest slide in six years due to an escalating Iran war. That's wiped out more than Rs.25 lakh crore in investor wealth since the strife began. ... Read More


'Think of the unthinkable and prepare for it', IMF warns on Iran war impact on global economy

India, March 9 -- The International Monetary Fund has warned of inflation risks from an escalating Iran war, as a direct fallout is the surge in crude oil prices. A 10% increase in crude oil prices, ... Read More


Bahrain's Bapco Energies declares 'force majeure' after Iran attack

India, March 9 -- Bahrain's state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refinery ablaze. The state-run Bahrain News Agenc... Read More


Sensex, Nifty 50 open gap-down as Iran war, crude oil shocks trigger selloff

India, March 6 -- India's stock market tumbled on Friday joining a global retreat as an escalating military conflict involving the United States, Israel, and Iran sent shockwaves through energy market... Read More


India tells refiners to maximise LPG output for domestic sales only

India, March 6 -- India has directed all its refiners to maximise LPG production for sale to state-run oil marketing companies, amid a has squeeze stemming from the Iran war. Only Indian Oil, HPCL an... Read More


Morgan Stanley cuts 2,500 jobs amid record revenue but the reason is not AI

India, March 5 -- Morgan Stanley has effected layoffs to cut about 3% of its workforce, or roughly 2,500 employees, despite a record year for revenue. The job cuts were across the bank's three major ... Read More


Adani triples LNG price for industrial users as Iran war disrupts supply

India, March 5 -- Adani Total Gas Ltd. has tripled LNG prices for industrial consumers exceeding their daily quota, in what is seen as a direct fallout of an escalating Iran war choking India's energy... Read More


RBI said to intervene as rupee slips past 92 per dollar amid escalating Iran war

India, March 4 -- The Reserve Bank of India has intervened in the forex market after Rupee slipped part the 92/Dollar mark for the first on Wednesday. The rupee fell 0.7% for the steepest intraday de... Read More


Rupee @ 93 soon? The crude catalyst for rupee slump today, even as RBI sells dollars

India, March 4 -- The rupee slipped past the 92/Dollar mark for the first time today, as a surge in crude oil prices-stoked by the blockade of Strait of Hormuz amid an escalating Iran war-sparked infl... Read More