India Must Adjust to Energy Market Realities
The government should allow the economy to adapt to new energy market realities by raising pump prices, which would reduce domestic fuel consumption, lower dollar demand, and support the rupee.
The government should allow the economy to adapt to new energy market realities by raising pump prices, which would reduce domestic fuel consumption, lower dollar demand, and support the rupee.
A delegation of 16 American CEOs with a combined market cap of $16.47 trillion accompanies President Trump to Beijing for a 36-hour summit with Xi Jinping, aiming to open Chinese markets.
Pakistan has received a $1.3 billion loan from the IMF, boosting its central bank reserves. The funds aim to stabilize the economy amid ongoing challenges.
Air India cuts international routes due to fuel prices, West Asia conflict, Pakistani airspace restrictions, and weak demand. Ticket prices rise sharply.
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RecommendedPrime Minister Narendra Modi's call to avoid foreign travel is expected to impact the travel industry, amid rising global inflation and crude oil prices above $100 per barrel.
US threats of secondary sanctions on Iran trade highlight dollar weaponization, accelerating global de-dollarization efforts amid West Asia tensions.
Due to the West Asia war and PM Modi's advisory, Indian families are moving destination weddings from foreign shores to domestic locations like Udaipur, Jaipur, and Goa.
Billionaire banker Uday Kotak warns of a major impending shock to the global economy unless ongoing conflicts cease immediately, urging diplomatic resolution.
Saudi Aramco's CEO warns that continuous disruptions at the Strait of Hormuz could hamper oil market recovery until 2027, citing geopolitical tensions and supply chain risks.
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RecommendedNew data shows Canadian visits to US cities fell 42% year-over-year due to Trump's trade war, with business travel also declining sharply amid economic uncertainty.
Wall Street's market acronyms shift from 'Taco' to 'Nacho' as investors accept prolonged Strait of Hormuz crisis, driving oil above $100 and insurance premiums eight times higher.
India has reportedly rejected Russia's offer of LNG cargoes under US sanctions, leaving a shipment stranded near Singapore. The decision balances energy needs with compliance risks, as LNG is harder to conceal than crude oil.
The Trump administration has asked a US court to pause a ruling that blocked tariffs on imports, citing the need for time to appeal the decision.
A White House official confirms that more than a dozen US business and technology leaders will travel with President Trump to China for trade talks.
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RecommendedForeign Secretary Vikram Misri co-chaired the second round of the India-Japan Economic Security Dialogue in Tokyo, focusing on supply chains, tech cooperation, and economic resilience.
India considers emergency measures like raising fuel prices and restricting gold imports to protect forex reserves amid the US-Israel-Iran war's economic fallout.
India and Japan have agreed to strengthen their economic security partnership, emphasizing resilient supply chains and technological collaboration to reduce dependence on any single country.
Leaks of the 2026 NFL schedule reveal the Seahawks opening on Super Bowl banner night and Cowboys in prime time, plus international games in Australia and Brazil.
Major Gaurav Arya analyzes the Iran-US conflict escalating into a global oil crisis, with 1 billion barrels lost in two months, as Iran uses energy disruption as a weapon.
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RecommendedAs President Trump and President Xi prepare for talks, both nations aim to recalibrate economic relations, addressing trade imbalances and tariff disputes to foster mutual growth.
Geopolitical tensions and key inflation data from India and the US will influence equity markets next week, with implications for RBI and Fed rate decisions.
With US gas prices surpassing $6 in California amid the Iran war, the Trump administration is considering a federal gas tax holiday to provide relief. Energy Secretary Chris Wright signals potential 18-cent cut per gallon.
ADB Chief Economist Albert Park says crude oil prices will remain elevated due to prolonged Middle East crisis, impacting India's GDP growth by 0.6% and stoking inflation.
Pakistan's new fuel levy intensifies public anger amid soaring inflation. Citizens protest rising costs as economic pressures mount, with no relief in sight.
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RecommendedDays before Trump-Xi talks, the US Treasury sanctioned 10 entities and individuals linked to Iran's missile and drone programs, including Chinese firms. The move is expected to be a flashpoint at the summit.
The United States has successfully removed highly enriched uranium from Venezuela, aimed at preventing nuclear proliferation and enhancing global security.
US Trade Chief Jamieson Greer expressed confidence the Trump administration will win its Supreme Court appeal on temporary tariffs, citing a favorable earlier ruling using Section 122.
A US trade court has ruled President Trump's 10% global tariffs invalid, marking a significant legal setback. The court denied a broader injunction sought by 24 states.
A US federal court has ruled that Trump's 10% global tariffs on imports are illegal, marking a significant blow to his trade policy and potentially reshaping international trade.
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RecommendedIndia and Vietnam aim to boost bilateral trade to USD 30 billion, with Mumbai and Ho Chi Minh City as key hubs. The partnership focuses on trade, investment, and economic cooperation.