Shipping Ministry confirms attack on vessel carrying 24 Indian seafarers south of the Strait of HormuzA fire erupted on the oil tanker MT Marivex, located south of the Strait of Hormuz, with all 24 Indian seafarers aboard reported safe. Indi...
08 Jun, 2026, 05.45 PM IST
Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
08 Jun, 2026, 10.44 AM IST
Extreme weather to drive $20 trillion in global spendingAnalysts note that companies involved in environmental adaptation and mitigation have already outperformed the broader market significantly.
03 Jun, 2026, 11.35 AM IST
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
22 May, 2026, 05.30 AM IST
HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
20 May, 2026, 06.39 AM IST
Rupee's rough patch worsens on oil, outflow strain; central bank likely steps inThe rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices ...
12 May, 2026, 04.16 PM IST
Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boilThe rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in ...
12 May, 2026, 10.03 AM IST
US market today: Strong US jobs data complicates any Kevin Warsh push for lower ratesStrong U.S. hiring data in April has diminished the likelihood of Federal Reserve interest rate cuts this year, bolstering the stance of of...
08 May, 2026, 11.58 PM IST
Micron stock jumps 14% to all-time high of $742.15, skyrocketing 690% in one year: Is AI demand transforming MU stock into the heart of the semiconductor revolution?Micron stock price shocked Wall Street after surged 14% and touched $738.12 in one of the biggest semiconductor rallies of 2026. The jump i...
08 May, 2026, 11.47 PM IST
Indian banks well-placed to transition to expected credit loss provisioning, Fitch saysIndian banks are well-prepared for the new expected credit loss framework. Fitch Ratings confirms sufficient capitalisation. The framework ...
07 May, 2026, 11.14 AM IST
Micron stock soars as AI memory demand drives massive growth and record highsMicron stock is rising fast due to strong AI demand for memory chips. Companies need more DRAM, NAND, and HBM for AI systems and data cente...
06 May, 2026, 10.38 PM IST
MU stock hits intraday record high today: Will Micron's market cap cross $700 billion for the first time? Here's what investors are watchingMicron stock price today: Micron Technology's stock is soaring, hitting an all-time high and nearing a $700 billion market cap. This surge ...
05 May, 2026, 10.26 PM IST
India fuel retailers face credit strain as high oil prices persist, says FitchIf crude oil prices remain elevated, Indian oil companies might find themselves under financial pressure. Delaying adjustments to fuel pric...
05 May, 2026, 03.20 PM IST
The rupee at record low will end India’s cheap-money eraElevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hike...
01 May, 2026, 06.29 AM IST
India extends financial support to Maldives under SAARCIndia has approved a significant ₹3,000-crore currency swap for the Maldives. This move aims to bolster the island nation's economy under t...
29 Apr, 2026, 01.25 AM IST
India seen to line up three buffers for its economy amid the Iran storm: Fitch unitIran War: The Indian government is seen to focus on securing essential supplies, curbing business costs through subsidies and tax relief, a...
22 Apr, 2026, 09.23 AM IST
Elevated foreign ownership a positive for Indian financial firms: FitchForeign investors are showing increased interest in Indian financial firms. Fitch Ratings notes this can bring long-term capital and better...
21 Apr, 2026, 11.42 PM IST