Recent Posts

A ceramics unit in Morbi. (ANI)
Posted in Business

Gas shortage hits ceramic hub in Gujarat’s Morbi as Iran war widens| Business News

The ceramic industry in Gujarat’s Morbi district is facing a looming production crisis as an escalating Iran war chokes the supply of essential natural gas….

Continue Reading
ET logo
Posted in Economy

Service sector activity slightly eases in February; exports pick up: PMI

India’s services sector lost a bit of momentum in February, as growth in new business slowed to its weakest pace in 13 months and operating…

Continue Reading
Lux Capital warns portfolio startups to brace for market risks
Posted in Startups

Lux Capital warns portfolio startups to brace for market risks

VC firm Lux Capital sent a letter on Tuesday to founders of its portfolio startups urging them to prepare for potential business challenges, according to…

Continue Reading
The Bombay Stock Exchange building on Dalal Street in Mumbai. Potential IPOs in India face a challenging environment amid Iran war's impact on the stock market. (Bloomberg)
Posted in Business

Iran war impact on stock market puts IPO plans of India Inc. in a fix| Business News

After two record-breaking years for IPOs in India, the prospect of a prolonged issuance drought is rapidly materialising on Dalal Street—thanks to the Iran war’s…

Continue Reading
FILE PHOTO: An aerial view Port of Fujairah, United Arab Emirates in the strait of Hormuz, December 10, 2023. REUTERS/Stringer/File Photo (REUTERS)
Posted in Business

Iraq cuts crude oil production as blocked Strait of Hormuz fills up storage| Business News

Iraq has started shutting crude oil production at its biggest oilfields and is set to make even deeper reductions in the coming days—the clearest sign…

Continue Reading
PhonePe is India's largest UPI app by user base. (HT)
Posted in Business

PhonePe targets IPO valuation lower than at its last funding round| Business News

PhonePe Ltd., India’s largest payments app controlled by Walmart Inc., is aiming for a valuation of $9 billion-10.5 billion in an IPO in 2026, according…

Continue Reading
David Solomon, chief executive officer of Goldman Sachs Group Inc., speaks during the Australian Financial Review Business Summit in Sydney, Australia, on Wednesday, 4 March 2026. (Bloomberg)
Posted in Business

Goldman Sachs CEO David Solomon surprised by Iran war impact on stock market| Business News

Goldman Sachs Group Inc. CEO David Solomon said he’s been surprised by the “benign” reaction in financial markets to the Iran war, adding that it…

Continue Reading
ET logo
Posted in Economy

Indian fruit, vegetable exporters a worried lot as Iran war upsets all calculations

Ramzan and Easter, a critical season for Indian fruits and vegetables exporters catering to markets in West Asia and Europe, turned out to be time…

Continue Reading
Gold is moved between trading hubs in the cargo holds of passenger aircraft for well under $1 an ounce per trip.
Posted in Business

Gold shipments stranded in Dubai as Iran war grounds flights| Business News

The mass cancellation of flights to and from bullion hub Dubai has left traders unable to move their metal, highlighting the potential bottlenecks to physical…

Continue Reading
ET logo
Posted in Economy

Iran war disrupts global ocean freight and air cargo supply chains beyond oil

NEW YORK: The Iran war has effectively halted oil tanker movement in the key Strait of Hormuz. But it’s also disrupting the wider global supply…

Continue Reading