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Business

‘To the winner belong the spoils’: Trump eyes Iran’s oil, says ‘I am a businessman first’

President Trump suggested the US could seize Iran’s oil, framing it as a business opportunity and citing Venezuela as an example. He also indicated a shift in US policy by referencing “to the victor belong the spoils.

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Business

Air India revises fuel surcharge amid energy crunch; here’s how much more you will pay

Air India group has revised its fuel surcharge for domestic and international flights due to rising oil prices and Middle East tensions. Domestic fares will now be distance-linked, while international surcharges see steeper increases, reflecting global jet fuel price surges and increased refinery margins. These changes aim to partially offset rising operational costs for the

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Business

Amid US-Iran war, India in talks with Trump administration for Chabahar port sanctions waiver; why it’s important

New Delhi is in talks with the Donald Trump administration to secure an extension of the sanctions waiver for the port, which is set to expire at the end of this month.

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Business

No personal oral hearing needed before labelling bank accounts as fraud: SC

The Supreme Court ruled that banks are not required to provide personal oral hearings before classifying accounts as fraudulent. However, banks must furnish customers with a forensic audit report prior to such classification. This decision acknowledges the infeasibility of individual hearings given the significant rise in bank fraud cases.

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Business

Top stocks to buy today: Stock market recommendations for April 7, 2026 – check list

Stock market recommendations: Multi Commodity Exchange, Godrej Properties, and Bharat Dynamics Ltd are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan recommends buying on April 7, 2026. Below is a detailed analysis:

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Business

Centre doubles 5kg cylinder allocation to states as Iran war squeezes LPG supply; focus on migrant workers

The Centre has doubled the allocation of 5-kg Free Trade LPG cylinders for migrant workers nationwide. This move, based on recent supply data, aims to ease access to cooking fuel for vulnerable sections. The government has also relaxed address proof requirements, allowing easier access for migrant workers, students, and daily wage earners.

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Business

Oil prices rise as Trump’s Hormuz threat looms; WTI hits $113, Brent climbs to $110

Oil prices surged Tuesday as Middle East tensions escalated. US President Trump issued a stern warning to Iran regarding the Strait of Hormuz, which Iran has effectively closed. Disruptions to this vital shipping lane are impacting global crude markets, with refiners scrambling for alternatives. Regional conflicts also continue to fuel instability.

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