US stocks today: Dow tumbles 900 points, S&P 500 and Nasdaq slide 1.6% as oil crosses $90; weak jobs data raise stagflation fears
US stocks fell sharply on Friday as surging oil prices and disappointing economic data fuelled concerns about a potential stagflation scenario, where slowing growth combines with rising inflation.The S&P 500…
Over 10 million barrels bought! Indian refiners buy Russian crude to counter Middle East oil supply shock; US gives 30-day waiver
Indian refiners are currently paying a premium of $2 to $4 per barrel above Dated Brent for deliveries of Russia’s benchmark Urals crude. (AI image) In a quick and immediate…
Middle East disruption: Govt to deploy all policy tools to help exporters manage shipping shocks, says Piyush Goyal
Commerce and industry minister Piyush Goyal on Friday said that the government will deploy all available policy tools and support mechanisms to help Indian exporters cope with disruptions arising from…
Turning back to Russian gas would be economically and politically wrong, says IEA chief
The head of the International Energy Agency (IEA) has cautioned Europe against returning to Russian gas supplies, warning that doing so would be both economically and politically misguided despite the…
Gold price today: How much 24K, 22K gold costs in Delhi, Chennai & more – check rates
Gold prices traded largely steady in futures markets on Friday, while retail bullion rates across major Indian cities remained almost unchanged with marginal declines.As of 15:02 pm, gold futures on…
China tops US with most billionaires globally; India ranks third – how AI has fueled wealth boom
China now has more billionaires than any other country, according to the latest Hurun Global Rich List, released Thursday by the Shanghai-based Hurun Group. The country is home to 1,110…
US-Iran war impact: Emergency powers invoked, India asks refiners to step up LPG output to avoid cooking gas shortage – report
The government has also directed producers to supply LPG, propane and butane to state-run refiners. (AI image) Middle East crisis impact: The government has activated emergency provisions to ensure there…
Middle East flight update amid Iran war: Emirates, Etihad resume limited services; IndiGo, Air India add extra flights
Air travel across the Middle East and the Gulf region has been severely disrupted as airlines cancel thousands of flights amid the escalating West Asia conflict.The crisis has forced carriers…
‘If they rise, they rise’: Trump dismisses gas price worries as US-Iran war rattles oil markets
US President Donald Trump said Thursday he was not worried about rising gasoline prices linked to the widening conflict with Iran, adding that the military campaign was a bigger priority.“I…
Asian stocks today: Kospi drops 1.6% as Middle East tensions weigh on markets
Asian stocks mostly fell on Friday as the ongoing conflict in the Middle East continued to unsettle global markets, while oil prices remained elevated despite some efforts to ease supply…