Stock market today: Oil climbs, Asian markets steady as investors assess fresh Middle East tensions Global markets opened Wednesday on a cautious note as renewed geopolitical tensions in the Middle East pushed oil prices higher, while Asian equities showed resilience after an initial volatility. The MSCI Asia Pacific Index was little changed after briefly falling…
New Delhi: Starting next Tuesday, India’s official statistical machinery is set to release the index of services production (ISP), with base year 2024-25, which will act as a high frequency indicator to gauge short- term economic momentum, covering nearly two-third of gross value added (GVA) of the sector.Till now, policymakers have only relied on the…
New Delhi: India moved up two places to emerge as the 11th biggest recipient of foreign direct investment (FDI in 2025, with inflows jumping 44% to $39 billion. The country is emerging as a preferred destination for investments in electronics, automobiles material and industrial manufacturing, the latest World Investment Report said.The UNCTAD publication also said…
AI generated image, used only for representational purpose Oil prices inched higher on Tuesday as traders are now focused on supply demand and recovering shipments across the crucial Strait of Hormuz. Around 7 am, WTI crude was trading at $68.83 a barrel, up 0.41% while Brent crude rose 0.38% to $72.26 a barrel.However, the gains…
Your next trip to Saudi Arabia just got simpler!Planning a holiday to Saudi Arabia may soon involve far less paperwork and fewer bookings. Instead of applying for a tourist visa, reserving flights and searching for accommodation separately, eligible travellers will soon be able to complete the entire process through a single integrated booking.Saudi Arabia has…
The United States on Tuesday (local time) revoked a 60-day sanctions waiver that had allowed the sale of Iranian oil, according to the Treasury Department. The license, issued last month as part of an interim agreement to halt fighting between the US and Iran, had temporarily eased restrictions on Iranian oil exports. Treasury officials did…
A sign for the Seattle office of Getty Images Inc., is shown Monday Getty Images, an American visual media company, has abandoned its planned merger with Shutterstock, ending the proposed $3.7 billion deal after deciding not to accept a UK competition regulator’s requirement to sell Shutterstock’s editorial business.The two companies unveiled the all-stock merger in…
Electricity generation from hydroelectric projects declined nearly 21%. (AI image) El Nino and the resultant weak monsoon has had an impact on India’s hydropower output, which has dropped by more than 20% in June. The dry weather, which is associated with El Nino, has meant that the water levels in reservoirs have gone down. This…
Waal Street shows mixed results, AI stocks slide US stocks traded mixed on Tuesday, with losses in artificial intelligence (AI) and semiconductor stocks weighing on the broader technology sector despite gains in most other shares.The Nasdaq Composite fell 0.8 per cent in early trading, dragged down by declines in major chipmakers, while the S&P 500…
India continued to consolidate its position as an attractive investment destination in 2025. (AI image) Foreign Direct Investment (FDI) into India rose 44% to $39 billion in 2025, reinforcing the country’s status as a key global investment destination, according to the United Nations.The 2026 World Investment Report, released by the United Nations Trade and Development…
