global markets

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    Expanding Reach: Mangalam Worldwide Secures Key Vendor Approvals

    Mumbai, April 10 Integrated stainless-steel manufacturer, Mangalam Worldwide, announced on Friday that global and domestic entities like QatarEnergy, BHEL, EIL, and Gujarat State Fertilizers & Chemicals have empanelled it as an approved vendor.These approvals, besides opening new revenue...
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    Asia-Pacific Resilience Threatened by Middle East Instability

    Manila, April 10 – The ongoing conflict in the Middle East has heightened global geopolitical risks and intensified downside risks for economic growth in developing Asia and the Pacific, according to a new report released by the Asian Development Bank (ADB) on Friday.The Asian Development...
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    Boosting U.S. Business Abroad: A Strategy for Competition

    Washington, April 10 – The United States must deploy its private sector more aggressively across global markets to counter China’s expanding footprint, Deputy Secretary of State Christopher Landau said, calling commercial diplomacy a “key foundation” of American foreign policy.Framing economic...
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    Crude Oil Prices Rise on Strong Global Market Signals

    New Delhi, April 9 Crude oil prices rebounded by Rs 411 to Rs 9,272 per barrel in futures trading on Thursday, driven by firm global cues and fresh buying following recent sharp losses.On the Multi Commodity Exchange, crude oil for the April delivery jumped by Rs 411, or 4.64 per cent, to Rs...
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    Strategic Acquisition: Cyient Boosts Power Semiconductor Capabilities

    New Delhi, April 8 Cyient Semiconductors announced on Wednesday that it has completed the acquisition of a 74 per cent stake in US-based power semiconductor solutions provider, Kinetic Technologies, for USD 85 million.In a regulatory filing, the Hyderabad-headquartered company stated that...
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    Oil Prices Fall as Trump Announces Iran Pause

    Washington, April 8 – Oil prices plummeted sharply after US President Donald Trump said he would pause planned military strikes against Iran for two weeks, easing fears of a wider conflict in the energy-rich Gulf region.US crude futures fell below $100 a barrel, reversing recent gains driven...
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    Gold and Silver Decline as Geopolitics Rise

    April 02, New Delhi: Global markets reacted negatively on Thursday as concerns about a potential war between Iran and other countries intensified following US President Donald Trump’s address.US stock futures fell by approximately 1.3%, while European futures declined by over 2%. In Asia, the...
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    Trump's Speech Fuels Market Uncertainty and Energy Price Surge

    Washington, April 2 – Global markets fell, and oil prices rose after US President Donald Trump signaled that the Iran conflict would continue for weeks, raising concerns about supply disruptions and prolonged economic fallout, according to American media reports.US stock futures declined after...
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    Global Markets Rise as Trump Hints at Middle East Resolution

    Mumbai, April 1 Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict.Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65...
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    UN Task Force Aims to Mitigate Global Food Security Impact of Hormuz Blockade

    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...
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    Domestic Aluminium Prices Supported by Global Demand

    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...
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    Stock Markets Rally: Investor Wealth Soars by ₹15.80 Lakh Crore

    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...
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    Navigating West Asia Instability: India's Strategy for Trade and Growth

    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...
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    Stock Markets Rise as Crude Drops, De-escalation Hopes Grow

    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...
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    Stocks Rise as Iran Assures Shipping Safety

    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...
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    India's Exports See Strong Growth with RoDTEP Support

    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...
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    India's Rupee Weakens Amid Global Uncertainty

    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...
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    Asian Stocks Rise Amid Easing Middle East Tensions

    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...
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    Global Markets React to Potential End of Iran Strikes

    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...
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    Proactive Measures Needed as West Asia Situation Impacts India

    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...
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