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Posted in Economy

Iran conflict could increase challenges for emerging market sovereigns: Fitch

New Delhi: Fitch Ratings on Monday said the Iran conflict could raise additional challenges for some emerging market sovereigns in areas like energy imports, remittances…

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The Bombay Stock Exchange in Mumbai. (Reuters)
Posted in Business

Iran war wipes out ₹25 lakh crore in investor wealth in just five sessions| Business News

India’s stock market extended their steepest slide in six years due to an escalating Iran war. That’s wiped out more than ₹25 lakh crore in…

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MF Managing Director Kristalina Georgieva. (Reuters)
Posted in Business

‘Think of the unthinkable and prepare for it’, IMF warns on Iran war impact on global economy| Business News

The International Monetary Fund has warned of inflation risks from an escalating Iran war, as a direct fallout is the surge in crude oil prices….

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Smoke rises following a strike on the Bapco Oil Refinery, amid the U.S.-Israeli conflict with Iran, on Sitra Island Bahrain, March 9, 2026. REUTERS/Stringer (REUTERS)
Posted in Business

Bahrain’s Bapco Energies declares ‘force majeure’ after Iran attack| Business News

Bahrain’s state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refinery ablaze. Smoke rises…

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A black plume of smoke rises from a warehouse in the industrial area of Sharjah City following reports of Iranian strikes in Dubai on 1 March 2026. (AP)
Posted in Business

Asia’s ultra-rich is having second thoughts on Dubai as Iran war rages| Business News

Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles a city that has attracted billions from across the…

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SanDisk is selling this diminutive drive in five storage capacities — 64GB, 128GB, 256GB, 512GB and 1TB. (Official photo)
Posted in Business

SanDisk Extreme Fit reminds us of good storage, small packages, and practicality| Business News

It is no mean feat to achieve storage capacities up to 1TB in a drive that’s no wider than a typical human nail and not…

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For Indian airlines like IndiGo, fuel is the second-largest expense after labour, typically accounting for 20% to 25% of total operating costs. (Reuters)
Posted in Business

IndiGo among worst-hit as Iran war delivers crude shock to global airline stocks| Business News

India’s airline stocks took a severe beating on Monday, leading a broader Asian market selloff as surging crude oil prices and an escalating Iran war…

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The SanDisk Extreme Fit uses a USB 3.2 Gen 1 interface. (Official image)
Posted in Business

SanDisk Extreme Fit reminds us of good storage, small packages, and practicality| Business News

It is no mean feat to achieve storage capacities up to 1TB in a drive that’s no wider than a typical human nail and not…

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UBS estimates a sales-to-production ratio of 1:2 for Indian Oil and BPCL, and 2:2 for HPCL. (Reuters)
Posted in Business

Indian Oil, BPCL, HPCL shares slump the most in a year as surge in crude oil prices bites| Business News

Shares of India’s state-run refiners led by Indian Oil Corp. Ltd. saw their steepest declines in more than a year as a widening Iran war…

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A worker operates valves at the Rumaila oil field in Basra, Iraq, to cut nearly 1.5 million barrels per day of output as exports halted due to the effective closure of the Strait of Hormuz amid the Iran war. (Reuters)
Posted in Business

Brent crude oil prices spike toward $120/barrel Iran War forces more production cuts| Business News

Crude oil prices spiked dramatically toward $120/barrel as key Gulf producers curbed output, the vital Strait of Hormuz remained functionally closed, and the US threatened…

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