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US House committee calls for major crackdown on China’s alleged sanctioned oil imports

Lawmakers in the United States have urged the administration of US President Donald Trump to take action against China’s alleged sanctioned oil imports by blacklisting port operators and blocking complex settlement networks. Despite Washington’s temporary easing of sanctions on Russian and Iranian o...

Was March the worst month ever for the Indian economy?

UPSC Prelims ‘SEE’ Snapshot : Induction cooktop, Forex reserve, and Earth’s energy imbalance — quick look

Gold prices rise by Rs15,300 following surge in international market

Silver prices also gain momentum, increasing by Rs200, now standing at Rs7,984

Topps Tiles to close 23 stores over rising costs

Topps Tiles says eight stores have already closed - with the rest to shut over the next six months.

Sugar Trade Upended as War Chokes Flows From Major Refining Hub

Global sugar prices are rebounding after a prolonged slump, as the war in Iran squeezes supplies from a major refining hub, boosting sales from producers outside the Middle East.

Brit oil company 'hit by Iranian drone' in Iraq as footage shows massive blaze

A British motor oil company has reportedly been hit by drones in the city of Erbil, the capital of the Kurdistan region, Iraq, after Iran's UK ambassador issued a threat to UK military bases

Jet fuel price crosses Rs 2 lakh mark for first time as crude oil price surges

Jet fuel price crosses Rs lakh mark for first time as crude oil price surges

Three Teens Facing Terrorism Charges Over BofA Bombing Attempt

French prosecutors are seeking terrorism charges against an adult and three teens aged 16-17 over a foiled bombing attack near the Bank of America Corp. office in Paris, seen as a likely retaliation to the war with Iran.

Tanker Carrying Iran Crude Signals India After 7-Year Import Gap

A US-sanctioned vessel carrying Iranian crude oil from deep inside the Persian Gulf is now indicating it’s bound for India, in what could be the first such import in nearly seven years.

Oil price falls and markets rally after Trump says Iran war over in ‘two to three weeks’

US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in AsiaBusiness live – latest updatesOil prices tumbled and stock markets rallied across the world on Wednesday after Donald Trump said the war in Iran would end in “two to three weeks”.Brent cru...

Amazon Fuels Record First Quarter for Company Bond Sales in EMEA

Amazon.com Inc. has almost single-handedly spurred the best-ever opening quarter for corporate debt sales in Europe, even as markets face huge disruption from the war in Iran.

Planning to buy a property? Expert shares hidden costs one should keep in mind while investing

Buying a property involves significant hidden costs beyond the initial price. Buyers must account for stamp duty, registration fees, home loan expenses, ongoing maintenance, property taxes, utility deposits, interior furnishing, legal documentation, and miscellaneous charges. Understanding these exp...

Oil Falls Below $100 on Potential End to Iran War

Oil tumbled after President Donald Trump told reporters that the US could leave Iran within two to three weeks, even as the Strait of Hormuz remains largely closed and more US troops head to the region. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)

Indian Bonds Face Pressure as RBI’s Forex Curbs Stoke Rate Risk

Indian bonds may be heading into a challenging stretch after the Reserve Bank of India’s dramatic move to cap onshore currency wagers raises the possibility of stronger measures — including possible interest rate hikes — to support the rupee.

Oil prices retreat and stock markets rally on Iran war resolution optimism

Stock markets in the UK and globally rebounded on hopes over an end to the Iran conflict, with the FTSE 100 Index soaring as much as 1.7%.

France and Japan Defense Chiefs Pledge Cooperation in Pacific

The defense ministers of France and Japan pledged to work together on security in the Pacific as the conflict in the Middle East draws away American military supplies and troops from the region.

India Says PE Investments Before 2017 Won’t Face Extra Tax

Buyout firms sitting on billions of dollars of legacy assets in India got some relief this week, when the country’s finance ministry said it won’t apply anti-tax avoidance laws to investments made before April 1, 2017.

The oil industry is betting big on plastics. Here's what that means for the future

Journalist Beth Gardiner says the fossil fuel industry is increasingly reliant upon plastic products. Her book is Plastic Inc.: The Secret History and Shocking Future of Big Oil's Biggest Bet.

UK food inflation ‘could hit 9% this year’ as Iran war drives up energy prices

Even if cargo route of strait of Hormuz reopens soon, Food and Drink Federation almost triples earlier forecastBusiness live – latest updatesFood inflation could hit 9% in the UK this year, even if the strait of Hormuz opens within the next few weeks, figures suggest, as the war in Iran pushes up en...