Mumbai, April 13 (IANS) International crude oil prices surged on Monday, climbing nearly 10 per cent and crossing the $100 per barrel mark, following the US Navy’s move to blockade the Strait of Hormuz amid stalled peace talks.
Mumbai, April 13 (IANS) Domestic equity benchmarks traded sharply lower on Monday, declining around 2 per cent each amid weak global cues after the US and Iran failed to make progress on peace talks.
Washington, April 12 (IANS) The head of the International Monetary Fund has warned that the Iran war has triggered a “large” global economic shock, disrupting energy supplies and pushing up prices worldwide, with the impact expected to linger well into next year.
New Delhi, April 12 (IANS) All Indian seafarers in the Gulf and West Asia region are safe and no incident involving Indian-flagged vessels has been reported in the past 24 hours, the government said on Sunday.
New Delhi, April 12 (IANS) Pakistan is facing renewed concerns over rising poverty levels, with fresh estimates by the Social Policy and Development Centre (SPDC) suggesting that the country’s poverty rate has climbed to 43.5 per cent, a report has said.
New Delhi, April 12 (IANS) Pakistan is once again grappling with rising inflation as escalating tensions in the Middle East, particularly the Israel-US conflict with Iran, begin to ripple through its economy, a report has said.
New Delhi, April 12 (IANS) Indian Railways is headed for a transformative expansion with the government having approved a total investment of Rs 1.53 lakh crore across 100 new projects in 2025-26 covering more than 6,000 kilometres of railway network, the Ministry of Railways said on Sunday.
New Delhi, April 12 (IANS) Bangladesh recorded 1.17 crore economic units in 2024, marking the lowest growth since 1996, according to a report in the local media.
New Delhi, April 12 (IANS) The World Bank, the IMF, tax consultants, and commentators frequently assert that Pakistan suffers from a "tax gap" of seven to nine per cent of GDP.
New Delhi, April 12 (IANS) Pakistan Railways, once regarded as a backbone of national integration, is grappling with a severe structural crisis marked by weak governance, ageing infrastructure and declining public trust, a report has said.
