global markets

United Nations, March 27 – As the world grapples with the impact of the Strait of Hormuz, Secretary-General Antonio Guterres announced on Friday the formation of a task force to address its humanitarian consequences.The group will develop a mechanism for moving fertilizers and related raw...

New Delhi, March 27 Aluminium prices continued their upward trend for the fifth consecutive session, rising by Rs 1.95 to Rs 338.10 per kilogram in futures trading on Friday, driven by firm trends in global markets.On the Multi Commodity Exchange, aluminium for April delivery increased by Rs...

New Delhi, March 25 Following a rebound in the stock market, investors' wealth has surged by ₹15.80 lakh crore in two days, driven by a sharp decline in crude oil prices and hopes of de-escalation in the West Asia conflict.Stock markets have been rallying for the past two trading days, with...

New Delhi, March 25 Commerce and Industry Minister Piyush Goyal said on Wednesday that the nation must unite to address the challenges arising from the West Asia crisis.A joint attack launched by the US and Israel on Iran has disrupted the movement of ships and pushed oil prices in global...

Mumbai, March 25 Stock markets rallied for the second consecutive day on Wednesday, with benchmark indices Sensex and Nifty closing nearly 2 per cent higher, as crude oil prices dropped and global markets advanced amid hopes of de-escalation in the war in West Asia.The 30-share BSE Sensex...

March 25, New Delhi - Stock prices rose and oil prices fell today, following reports that the U.S. is seeking a month-long ceasefire in its war with Iran and has put forward a proposal.S&P 500 futures rose by 0.9% in the morning session in Asia, while European futures rose by 1.2%, and Brent...

New Delhi, March 24 Exports supported under the RoDTEP scheme are estimated to have grown at over 20% CAGR between 2023-24 and 2025-26, despite global headwinds such as weak demand, freight volatility, rising protectionism, and geopolitical uncertainties, an official said on Tuesday.At the...

Mumbai, March 24 The rupee fell by 35 paise to 93.88 (provisional) against the US dollar on Tuesday as a strengthening dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the...

March 24, New Delhi - Global markets are experiencing significant fluctuations due to evolving developments in the Middle East.Oil prices also rebounded, with Brent crude rising to around $100 per barrel and US crude nearing $89.84, although volatility persists due to ongoing tensions and...

Mumbai, March 24 The Sensex and Nifty benchmark indices rebounded in early trading on Tuesday, in line with a rally in global markets, after US President Donald Trump announced a temporary halt to strikes targeting Iranian energy infrastructure.The 30-share BSE Sensex jumped 1,516 points to...

Mumbai, March 23 India needs to closely monitor the evolving situation in West Asia and take proactive measures to limit the impact of spillover effects, as the country is dependent on crude oil imports, the Reserve Bank's bulletin said on Monday.However, the March bulletin noted that India's...

Mumbai, March 23 The benchmark indices Sensex and Nifty plummeted on Monday, in line with a very weak trend in global markets, as the war in the Middle East showed no signs of slowing down.Rising crude oil prices due to the war, which has entered its fourth week, relentless foreign fund...

New Delhi, March 22 Developments related to the ongoing conflict in West Asia and its impact on crude oil prices will continue to influence investor sentiment in a week shortened by holidays, analysts said.In addition, trends in global markets, trading activity of foreign investors, and the...

March 21, New Delhi – The Trump administration has temporarily lifted sanctions on Iran's oil exports for products already loaded onto vessels and stranded at sea since March 20th.This limited, short-term authorization issued by the Treasury Department via a general license is in effect until...

Washington, March 21 – The United States has announced a 30-day sanctions waiver allowing the sale of Iranian oil currently stranded at sea, in a move aimed at easing mounting pressure on global energy supplies triggered by the ongoing conflict with Iran.Speaking on X, US Treasury Secretary...

Washington, March 21 The United States has announced the temporary lifting of sanctions on the sale of Iranian oil stranded at sea in an effort to cool down soaring global crude prices.US Treasury Secretary Scott Besant said the temporary measure will make available 140 million barrels of...

New Delhi, March 18 The wealth of equity investors surged by ₹9.18 lakh crore over three days of market recovery, driven by value buying and the rebound in global benchmark indices.Over the past three trading days, the 30-share BSE Sensex has risen by 2,140.21 points, or 2.87 percent. On...

Mumbai, March 18 The benchmark indices Sensex and Nifty in the Indian stock market ended nearly 1 per cent higher on Wednesday, extending their winning streak to the third day in a row, amid a slight drop in crude oil prices and a firm trend in global markets.A rally in IT stocks also...

New Delhi, March 18 Aluminium prices fell by nearly 1 per cent to Rs 337.80 per kilogram in futures trading on Wednesday, amid weak trends in the global markets.On the Multi Commodity Exchange (MCX), aluminium for March delivery decreased by Rs 3.10, or 0.91 per cent, to Rs 337.80 per kilogram...

March 10, New Delhi — G7 energy ministers will discuss how to address soaring energy prices caused by the conflict in the Middle East on a call on Tuesday, while a group of European Union leaders will do so later in the day.Oil prices fell on Tuesday after reaching their highest level in more...