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MIDDLE EAST TRADE RELATIONS
India-Arab business chambers join hands to push trade & investment tiesIndia and Arab countries signed a trade and investment pact this week. The agreement aims to boost bilateral trade and business partnership...
South Korea July exports beat forecasts on robust demand for AI investmentsSemiconductor exports jumped 179% as memory chip prices continued to rise despite the issues of Apple's potential use of Chinese memory ch...
16 Indians, including 10 seafarers, killed in Middle East conflict: GovtSixteen Indian nationals, including ten seafarers, have died in the Middle East conflict this year. Seventy-five Indians sustained injuries...
Mastercard profit beats estimates on strong consumer spendingMastercard reported better-than-expected second-quarter profits on Thursday. Strong transaction volumes and resilient consumer spending sup...
Can China restrain Iran? Gulf states test Beijing's influenceGulf Arab states are seeking China's economic influence over Iran to secure vital shipping lanes. They are frustrated with Washington's per...
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
Global Market: European shares muted as Middle East tensions, Fed uncertainty offset strong earningsEuropean shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S....
Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
Global Market: Japan's Nikkei swings between gains and losses as AI stock selloff persistsJapan's Nikkei index saw mixed trading as investors awaited major US tech earnings. AI and chip-related stocks continued to face pressure, ...
Ukraine says wants to avoid 'escalation' with IranUkraine and Iran's foreign ministers spoke by phone on Tuesday regarding an attack. Kyiv stated its goal is to avoid unnecessary escalation...
L&T shares rise 4% after Q1 earnings. Why Goldman Sachs, other brokerages remain bullish?Larsen & Toubro (L&T) shares climbed after the company reported a 14% YoY rise in Q1 FY27 net profit to ₹4,123 crore. Revenue from operatio...
Dollar holds steady as Fed decision loomsThe U.S. dollar reached a one-month high due to Middle East hostilities. Traders awaited the Federal Reserve's interest rate decision later...
India plans up to quarter of 2027 LPG imports from US, sources sayIndia plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...
Iran will never reach understanding with US, deputy parliament speaker saysIran's Deputy Parliament Speaker Hamidreza Haji Babaei stated no understanding with America is possible. He emphasized the Strait of Hormuz...
Global Market: Singapore Central Bank surprises markets with policy tightening amid inflation risksSingapore's central bank unexpectedly tightened monetary policy on Monday. Persistent inflation risks from elevated energy costs prompted t...
Netanyahu set to visit US next week, confirms Trump amid regional tensionsPresident Donald Trump announced that Israeli Prime Minister Benjamin Netanyahu will visit the US next week. The visit comes amid escalatin...
Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources sayPakistan is exploring ways to revive stalled US-Iran talks following a push by China, with exploratory discussions held during Iranian Inte...
Bitcoin trades near $65,000 as Middle East tensions dampen crypto sentiment; Ethereum also trades lowerOver the past 24 hours, Bitcoin declined 0.43% and Ethereum fell 2.23%. Among major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin and C...
Dollar rides yield surge as Middle East and trade wars raise inflation stakesThe dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S...