Latest Updates Around The World
Khamenei’s death, confirmed by Iranian state media earlier today, prompted warnings of sharp retaliation from Tehran. US President Donald Trump announced that the 86-year-old leader had been killed on the first day of what he described as massive joint airstrikes.Notably, more than 20% of the world’s oil flows through the Strait of Hormuz, which connects […]
Benchmark indices closed sharply lower on Friday amid broad selling, with auto, financial sector and FMCG stocks bearing the brunt. With domestic markets set to reopen on Monday, a packed calendar of global and domestic triggers are expected to shape investor sentiment.The 50-share Nifty fell 317.90 points, or 1.25%, to settle at 25,178.65. Rupak De, […]
Shares of the Multi Commodity Exchange of India have gone multibagger in the past year, rising more than 100% on an unprecedented rise in precious metal prices.In 2025, silver rose 170%, while gold rose more than 60%. The momentum spilled over into 2026, with silver rising over 70% in the first two months before correcting […]
At the interbank foreign exchange market, the rupee opened at 90.35 and touched an early high of 90.26 and a low of 90.54 against the dollar. | Photo credit: FRANCIS MASCARENHAS The rupee fell 11 paise to 90.43 (provisional) against the US dollar on Wednesday after a sharp rally in the previous trading session following […]
Benchmark indices Nifty and Sensex ended the first session of the holiday-shortened week on a strong note on Tuesday after the trade deal between India and the European Union lifted sentiments.Sensex ended Tuesday’s session 319.78 points or 0.39% higher at 81,857.48, while the Nifty50 rose 126.75 points or 0.51% to 25,175.40. Prime Minister Narendra Modi […]
Crude oil ended 2025 with its steepest annual decline since 2020. Brent fell 19% and WTI 20%, closing around $60.85 and $57.42 per barrel, respectively. The dominant factor was oversupply; global output growth repeatedly exceeded consumption, allowing inventories to build in the second half of the year. Periodic geopolitical flare-ups (Israel-Iran in June, attacks on […]
The International Energy Agency in Paris predicts a record surplus in 2026, while Goldman Sachs Group Inc and JPMorgan Chase & Co see futures heading lower. OPEC+ will stick to plans to pause production increases during the first quarter, delegates said, amid growing signs of a glut in global oil markets. Key members led by […]
Banks in India are now willing to consider financing Russian oil trade if the volumes come from non-blacklisted sellers and the transactions comply with sanctions, people familiar with the matter said. That’s a shift from a few weeks ago — before the latest U.S. measures, which took effect Friday — when lenders were wary of […]
In a bold forecast for energy markets, JP Morgan has forecast that Brent crude could fall to the $30s by the end of FY27, driven by a widening global supply glut that easily outpaces demand growth. The investment bank’s latest outlook suggests that even if oil consumption rises steadily over the next three years, supply […]
Crude oil prices rose Monday on optimism that the U.S. government shutdown could end soon and boost demand from the world’s largest oil consumer, offsetting concerns about rising global supply. Brent crude futures rose 45 cents, or 0.71 percent, to $64.08 a barrel by 0426 GMT. U.S. West Texas Intermediate crude traded at $60.23 a […]
