Navapur's Poultry Economy Crumbles Under Bird Flu
Navapur, a key egg supplier in western India, is seeing a steady collapse of its poultry economy due to repeated avian flu outbreaks, dwindling infrastructure, and limited institutional support.
Category : Global Economy
Western Disturbance Hits Chandigarh, Punjab, Haryana
An active western disturbance is set to cause storms and rain in Chandigarh, Punjab, and Haryana from Monday, with an orange alert issued for severe weather.
Global Oil Inventories Plummet as Iran War Disrupts Flows
Global oil inventories are depleting rapidly due to the Iran war and Strait of Hormuz closure, raising concerns of price spikes and shortages across Asia, Europe, and the US.
West Asia Conflict Boosts India Renewable Energy Push
The West Asia conflict is pushing India to accelerate its renewable energy transition, including raising ethanol blending to 25% and expanding refining capacity for energy security.
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US Jobs Growth Beats Forecasts Amid Iran War, Unemployment Steady
US employers added 115,000 jobs in April, beating expectations despite Iran war disruptions. Unemployment held at 4.3%, with healthcare and transport leading gains.
India Maintains Stable Fuel Supply Amid Middle East Crisis
India has managed stable fuel supplies and maritime operations despite the Middle East crisis, which disrupted global energy markets. The government shielded consumers through excise cuts and increased LPG production.
UN Panel Urges Shift Beyond GDP as Only Measure of Progress
A UN panel recommends countries adopt broader metrics beyond GDP to measure economic progress, including well-being and sustainability.
Mozambique LNG Project Reaches 42% Completion, BPCL Says
BPCL announced the Mozambique LNG project achieved 42% completion after force majeure was lifted. The $20B project, with Indian PSUs holding 30% stake, aims to bolster India's energy security amid global disruptions.
Roger and Mirka Federer's $1.1 Billion Net Worth in 2026
Roger Federer and Mirka Federer's combined net worth in 2026 is estimated at $1.1 billion, built through endorsements, investments like On shoes, and smart planning. Mirka's role in managing his career was key.
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Defence Budgets Reveal Nations' True Priorities and Power
Global defence spending exceeds $2.88 billion, with US, China, Russia leading. Per capita and GDP share data show how nations prioritize military power.
India Must Look Beyond UAE's OPEC Exit
India needs to diversify energy sources as UAE exits OPEC, focusing on renewables and strategic partnerships to ensure long-term energy security and economic stability.
Oil Hits Four-Year High on US-Iran Tensions
Oil prices soared to a four-year peak on Thursday amid escalating US-Iran tensions, with Brent crude briefly hitting $126.41. Fears over Strait of Hormuz disruption and potential recession loom.
Spirit Airlines Shuts Down: End of an Era for Budget Air Travel
Spirit Airlines ceased all operations on May 2, 2026, after a $500 million bailout collapsed. The shutdown left passengers stranded and 17,000 jobs at risk, marking a major shift in the budget airline industry.
Iran's Economy Under Strain Amid Stalemate and Gulf Restrictions
Weeks of conflict have worsened Iran's economic pressures, straining its financial system despite a truce. Analysts note resilience through internal controls and trade via land routes.
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Rupee Hits Record Low of 95.34 Against Dollar as Crude Surges Past $122
The Indian rupee plunged to an all-time intraday low of 95.34 against the US dollar on Monday, as global crude oil prices spiraled past $122 per barrel.
Trump Floats New Plan to Reopen Strait of Hormuz
President Trump announces a new international plan to ensure safe passage through the strategic Strait of Hormuz, aiming to counter Iranian threats and stabilize global oil markets.
US Economy Grows 2% in Q1 2025, Iran War Clouds Outlook
The US economy grew at a 2% annual rate in Q1 2025, rebounding from a weak Q4 2025, but the Iran conflict and Strait of Hormuz blockade pose risks to growth.
Trump Promises to Release Classified UFO Files Soon
Donald Trump says he will release classified UFO files soon, surprising many. The announcement has sparked widespread interest and debate.
Oil Prices Surge Past $120, Highest Since 2022 on Iran Blockade
Global oil prices surged past $120 a barrel on Thursday, the highest since 2022, as fears of prolonged supply disruptions intensified amid a US-Iran blockade deadlock.
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Global Economy Faces Severe Crisis Due to Rising Oil Prices
Economist Jeffrey Sachs warns that rising crude oil prices will trigger a severe global economic crisis, impacting growth and stability worldwide.
US Stocks Edge Lower Ahead of Fed Decision; Oil Surges
US stocks fell slightly on Wednesday as investors awaited the Fed's interest rate decision. Rising oil prices due to the Iran war kept pressure on markets, while earnings from Visa and Starbucks offered some support.
UAE's OPEC Exit: Impact on Oil Markets and India
The UAE's decision to exit OPEC and OPEC+ could reshape global oil markets, reduce cartel influence, and benefit India by diversifying crude sources and enhancing energy security.
UAE Quits OPEC in Major Oil Shake-Up: Implications for India
The UAE's exit from OPEC and OPEC+ aims to boost production, potentially lowering global oil prices and benefiting importers like India. However, geopolitical risks and internal OPEC tensions persist.
India Hails New Zealand FTA as Win for Exports, Investment
India's industry celebrates the India-New Zealand Free Trade Agreement, expecting a significant boost in exports and investment opportunities across sectors.
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Iran war could push 32 million into poverty: UNDP
UNDP warns Iran war could push 32.5 million into poverty, with developing countries hardest hit due to energy price shocks and food insecurity.
Plastic Waste from Narnaul Sent to Murthal for Power
Plastic waste from Narnaul is now being sent to a plant in Murthal for power generation, marking a significant step towards sustainable waste management and energy production.
Global Trade Routes Under Pressure as Iran Seeks to Monetize Strait of Hormuz
Iran's move to control the Strait of Hormuz tests global trade rules. Indonesia's failed Malacca toll highlights geopolitical alarm over monetizing chokepoints.
RBI Warns of Global Risks, Inflation Despite Ceasefire
RBI says West Asia ceasefire gives global economy a breather but downside risks and inflation pressures have increased, signalling fragile balance for India.
Oil Shock Clouds India's Growth Optimism
Rising oil prices threaten India's economic recovery, fueling inflation and widening trade deficit. Experts caution against over-optimism as global uncertainties persist.
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Sainsbury's Warns UK: Act Now or Food Prices May Jump
Sainsbury's CEO Simon Roberts urges UK government to act on energy costs, warning that without support, food prices could rise sharply. The supermarket giant holds 15.6% market share.
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