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ENERGY SUPPLY SHOCK
India shields city gas users as Hormuz crisis threatens South Asia's LNG demandIndia has shielded city gas supplies from Middle East LNG disruptions by cutting deliveries to fertiliser plants, refineries and industrial...
Trump has learnt his India lesson the hard way. Will he own up?Donald Trump, who imposed an additional 25% tariff on Indian imports to pressure New Delhi to stop buying Russian oil, has agreed to bring ...
Economics Nobel 2026 winners: Who are Robert E Hall and Michael Woodford, and why their research is significant | An explainerEconomists Robert E. Hall and Michael Woodford won the Economics Nobel, known formally as the Sveriges Riksbank Prize in Economic Sciences ...
IMF says AI investment keeps global growth around 3%, with major Asia benefitsStrong investment in artificial intelligence infrastructure is helping keep global economic growth at around 3%, despite disruptions to ene...
AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
Oil Price Today (October 12): Crude oil dips to $103 despite simmering Iran war tensions. Here’s whyBrent crude futures declined $1.42, or 1.36%, to $103.35 a barrel, while US West Texas Intermediate crude fell $1.42, or 1.60%, to $90.42 a...
Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
US releases 4 million barrels from strategic oil reserves for ExxonMobil, BP amid Hurricane Isaias disruptionsThe United States authorised the release of up to four million barrels of crude oil from its Strategic Petroleum Reserve to help ExxonMobil...
‘We have all of those elements’ in India, says BP CEO Meg O’Neill as firm weighs oil and gas bids under Samudra Manthan schemeIndia's government has introduced the Samudra Manthan policy to enhance energy security through increased oil exploration. BP's CEO Meg O'N...
Boosting US oil supplies with Russian diesel unlikely to have much impact on prices: ExpertsA new agreement aims to increase diesel supplies from Russia to the U.S., while experts doubt it will lower prices. The current high diesel...
Why is Donald Trump buying diesel from Vladimir Putin's Russia despite heavy sanctions? What will be impact on Oil prices?Donald Trump’s shocking announcement comes after he signed a sweeping Russia sanctions law last month that aimed at clamping down on the Ru...
World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
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...
A new rate game begins. What’s inside the RBI’s new playbook?RBI rate hike in October monetary policy marks a sharp shift to calibrated tightening, raising the repo rate to 5.5%. RBI Governor Sanjay M...
IMF chief warns energy shock, growing debt and AI risks threaten global growthIMF chief Kristalina Georgieva warned that high energy prices, record public debt and the AI investment boom are fuelling inflation and thr...
RBI Inflation FY2026-27: Malhotra & Co raises inflation forecast to 5.2% for FY27RBI Inflation 2026-27 Forecast: The Reserve Bank of India has updated its inflation forecast for FY27 to 5.2% from 5.0% previously. This re...
World Bank raises India FY27 growth forecast to 7.1%, flags oil, El Niño risksThe World Bank has upgraded India's economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, ...
Global Market: BOJ's Uchida warns AI boom could trigger market correctionShinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financia...
When could Americans feel the impact of G7’s 100 million-barrel oil release? Experts explain what households can expectThe G7 nations have decided to release a total of 100 million barrels of oil and refined fuel products over the next four months. This init...
Nirmala Sitharaman calls for open, rules-based global economic ties amid geopolitical tensionsAt the Kautilya Economic Conclave, Nirmala Sitharaman spoke about fostering international trade policies that are not only open but also pr...