Business

New Delhi: The ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation as global energy prices are lower than last year, which will limit current account outflows and domestic energy price pressures, S&P Global Ratings said Tuesday. S&P Global...

New Delhi: S&P Global Ratings Tuesday raised India's GDP forecast for current fiscal to 6.5 per cent assuming a normal monsoon, lower crude oil prices and monetary easing. S&P, also, flagged rising risks to the global economy due to the turbulence in the Middle East...

Mumbai: Stock market benchmark indices Sensex and Nifty tumbled Monday, as intensifying tensions in the Middle East after the US bombed three major nuclear sites in Iran unnerved investors. After losing over 900 points in day trade, the 30-share index recovered some lost ground to...

Bangkok: Global markets appeared to take the US strike against nuclear targets in Iran in stride as investors watched to see how Iran will react. The price of oil initially jumped more than 2% but fell back slightly Monday. US stock futures and most Asian...

New Delhi: Shares of crude oil sensitive sectors -- oil marketing companies, aviation, paints and adhesives -- declined Monday morning, following a spike in Brent crude oil prices amid the ongoing conflict between Israel and Iran. The stock of Bharat Petroleum Corporation Ltd dropped 1.54...

Tehran: The Iranian Parliament has voted in support of closing the Strait of Hormuz, one of the world's most critical oil transit chokepoints, a day after US strikes on Iran's nuclear facilities, according to media reports. Any final decision on retaliation, however, will rest with...

New Delhi: India, the world's third-largest oil importer and fourth-biggest gas buyer, has enough energy supplies to meet requirements for several weeks and continues to receive supplies from several routes, Oil Minister Hardeep Singh Puri said amid escalating tensions in the globe's biggest energy supply...

New Delhi: Regulator DGCA has put in place a special audit framework for a "360-degree" evaluation of the country's aviation ecosystem and transcend the current practice of siloed assessment. The move comes a week after the fatal crash of Air India's Ahmedabad-London Gatwick aircraft soon...

New Delhi: Air India Sunday said it will temporarily reduce 118 weekly flights operated with narrow-body planes on 19 routes as well as suspend services on three routes. The temporary cuts in services account for about 5 per cent of the airline's overall narrow-body operations...

New Delhi: US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows. For India,...