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IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
Saudi warning system stayed silent before deadly airport attacksSaudi Arabia stopped issuing public warnings of incoming attacks days before a series of strikes on Riyadh airport killed at least 18 peopl...
Oil ticks lower as Russia diesel supply prospects counter Gulf supply risksOil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from ...
Rupee rebounds nearly 1% after RBI moves to curb speculative tradesThe rupee rebounded nearly 1% to 95.77 per dollar on Monday after the RBI announced measures to curb speculative currency trades. A special...
One dead in new attack on Saudi airport, a day after Houthi strike kills 13On Sunday, an attack on Riyadh's international airport led to one fatality and eleven injuries. This incident occurred following a prior st...
Iran-US war: Is key Donald Trump ally Saudi Arabia losing battle against Iran-backed Houthis in Yemen?Iran-US war: The latest attack on the Saudi airport drew condemnations from Arab countries, including Iraq, Lebanon and Syria, as well as U...
Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
Draft Overseas Mobility Bill sent to ministries for feedback; 3,505 unregistered agents listed on e-migrate portalThe Indian government is set to unveil the Overseas Mobility Bill following thorough public consultations and reviews among various ministr...
India, 14 others ink joint ministerial statement to curb structural excess capacityIndia has joined the US, EU, UK and 12 other economies in a joint statement to tackle structural excess capacity and production, despite fa...
Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
Akasa Air announces new fuel surcharge amid rising ATF prices; check how much passengers will payStarting October 9, Akasa Air will implement a fuel surcharge on domestic flights, with charges between Rs 375 and Rs 1,150 based on distan...
Global Market: European shares fall as rising yields, oil lift risk concernsEuropean shares fell after three sessions of gains as rising oil prices and global bond yields weighed on sentiment, while concerns over Fr...
Aviation security measures under new scrutiny after in-flight attack on FlyDubai pilotThe alleged stabbing of captain by his co-pilot on a FlyDubai flight bound for Tel Aviv has exposed potential gaps in crew screening, cockp...
India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
Oil Price Today (September 28): Crude oil gains to $106 as Trump rejects Iran deal. Where are prices headed?Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...
Oil heads higher as US-Iran peace talks in stalemateOil prices experienced a rebound of more than 1% as geopolitical tensions in the Middle East persisted. Donald Trump rejected Iran's peace ...
Saudi Arabia issues civil defence alerts for Mecca, Jeddah, Yanbu and Tabuk; flags 'potential danger'Saudi Arabia’s civil defence authorities on Thursday issued alerts warning of potential danger in Mecca, Jeddah, Yanbu and Tabuk, advising ...
Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...