Daily Headlinez Top News Updates
Oil price today: Oil prices extended their rally on Tuesday as uncertainty over the Middle East conflict continued to intensify, with the ceasefire proposal now hanging on “life support.” Brent crude futures were up 30 cents, or 0.29%, at $104.51 a barrel, while US West Texas Intermediate rose 31 cents, or 0.32%, to $98.38 at…
NEW DELHI: Prime Minister Narendra Modi on Monday once again called for collective national efforts to reduce dependence on imports and strengthen India’s position in global supply chains, while urging citizens to avoid unnecessary spending of foreign currency during a period of global uncertainty.Speaking in Vadodara amid concerns over disruptions caused by the ongoing conflict…
Union Minister Ashwini Vaishnaw on Monday reiterated PM Modi’s call to step down spending on imports and help the country save foreign exchange. This comes as the Middle East conflict is showing no signs of cooling down and its impact ripples through global economy.Speaking at the CII Annual Business Summit 2026 in New Delhi, minister…
According to Morgan Stanley, energy, fertilizers, and defence will be the top focus areas that the government would look to shield from global uncertainties. (AI image) The Middle East conflict presents an opportunity to step up domestic investments in some targeted sectors, says Morgan Stanley in its latest report titled: India Economics & Strategy –…
Stock markets are heading into a crucial week, with investors likely to keep a close watch on state election results, crude oil prices and the ongoing Middle East conflict. Vote counting for assembly elections in West Bengal, Tamil Nadu, Kerala, Assam and Puducherry will begin on Monday, May 4, and analysts believe the results could…
Strong indirect tax collections work well for government finances, especially at a time when the economy is facing global headwinds. (AI image) India’s gross Goods and Services Tax (GST) collections rose to a record high of Rs 2.43 lakh crore in April 2026. The number assumes greater significance in the backdrop of the Middle East…
An Iranian official on Friday sharply criticised the United States amid rising tensions between Tehran and Washington, warning that any use of force would be met with a “harsh response,” as the wider regional conflict involving Iran, the US and Israel continues under a fragile ceasefire.‘In a post on X, Iranian politician Seyed Mehdi Tabatabaei…
The windfall tax was introduced to ensure that adequate domestic supplies of petroleum products remain available. (AI image) The windfall tax on exports of diesel and aviation turbine fuel (ATF) has been lowered effective May 1, 2026. The excise duty on petrol and diesel sold in the domestic market will remain unchanged. The levy on…
According to the RBI, cost pressures and uncertainty have taken a toll on new orders and output. (AI image) When it comes to the Indian economy, domestic resilience is often cited as its biggest strength. But how long can the Indian economy continue to hold well as external pressures in the form of supply disruptions…
The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across markets. But Iran, one of the key flashpoints in the crisis, seems to be dealing with a different kind of pressure altogether. Instead of just struggling with disrupted exports, the country is now staring…
