The United States has given “permission” to India to buy Russian oil already stranded at sea issuing a temporary waiver aimed at stabilising global oil supplies amid disruptions caused by the escalating conflict in West Asia.US treasury secretary Scott Bessent referred to India as a “very good actor” for previously complying with Washington’s request to…
Banking relief for UAE and Gulf amid Iran–US–Israel crisis: Emirates NBD Bank removes ATM cash withdrawal charges In a move aimed at easing financial access during a turbulent period in the Gulf, Emirates NBD has announced that it will temporarily waive ATM withdrawal fees at other banks’ machines across the UAE and the wider GCC….
MUMBAI: Deteriorating geopolitical situation in West Asia and market conditions across the globe pulled sensex down by nearly 1,100 points on Friday. The index closed below the 79K mark for the first time since April 2025. Banks led the slide as foreign funds sold, dealers said.Sensex started the session on a weak note, down about…
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 the ongoing West Asia conflict.Speaking to reporters on the sidelines of the IIFT vice chancellors’ conclave in New Delhi, Goyal said an inter-ministerial group has…
The US economy unexpectedly shed jobs in February, marking a sharp reversal from the previous month and raising fresh concerns about the strength of the labour market.Data released by the US Labor Department on Friday showed the world’s largest economy lost 92,000 jobs in February, compared with job growth of 126,000 in January, reported AFP.The…
Global oil prices surged on Friday as the conflict in West Asia intensified, pushing benchmark crude above the $90 mark amid fears of further supply disruptions.The Brent North Sea crude, the international oil benchmark, rose more than 5% to $90.25 per barrel, its highest level since April 2024, AFP reported.The US benchmark West Texas Intermediate…
FILE -The Daily Telegraph newspaper with the front page of French President Emanuel Macron is seen at a supermarket in London, March 21, 2024. (AP Photo/Kin Cheung, File) German media conglomerate Axel Springer announced Friday that it was purchasing the UK’s Telegraph Media Group for £575 million, in a proposed deal subject to approval by…
In Dubai, traders have begun offering gold at discounts of up to $30 per ounce compared with the benchmark price in London. (AI image) US-Irasel-Iran war impact on gold prices: In UAE’s Dubai, which finds itself in the midst of the escalating Middle East crisis, the yellow metal is now available at very steep discounts….
The upcoming Noida International Airport in Jewar has received its aerodrome licence from the Directorate General of Civil Aviation (DGCA), clearing a key regulatory hurdle and bringing the project closer to the start of flight operations.The development was confirmed by Rakesh Kumar Singh, chief executive officer of Noida International Airport Limited (NIAL) and the Yamuna…
The United States has said its decision to grant India a temporary waiver to purchase certain Russian oil supplies is a short-term move aimed at stabilising global crude prices amid supply disruptions linked to tensions in the Middle East.US energy secretary Chris Wright said the measure is intended to quickly bring oil stored in floating…
