Indian refiners are unlikely to resume buying Iranian oil despite a temporary US waiver. Existing supply commitments, payment concerns, and the waiver’s short duration mean most refiners have already secured other crude sources. While opportunistic purchases at steep discounts are possible, a significant return to Iranian barrels is improbable for now, with China expected to
Global market jitters over Middle East tensions have eased following a US-Iran ceasefire, improving the outlook for Indian corporate profitability. Crisil Ratings now anticipates a smaller 100-basis-point decline in operating margins for fiscal 2027, down from a previous 200-basis-point estimate. While most sectors are expected to see minimal disruption, some like airlines and specialty chemicals
India’s tech sector is booming with AI, generating billions in revenue and moving projects from concept to reality. Industry leaders emphasize AI’s role in creating new opportunities, not replacing jobs, by demanding expertise in orchestration, data, and security. This shift is projected to unlock a massive market, with companies increasingly needing specialized partners to integrate
The latest statements by Bessent indicate that the Donald Trump administration is looking at alternative ways to impose tariffs on its trading partners since the US Supreme Court has ruled reciprocal tariffs as illegal.
Micron Technology’s market value soared, briefly surpassing Tesla and exceeding Meta, driven by a robust fourth-quarter forecast and significant AI sector exposure. Investors reacted positively to projected revenue and profit growth, alongside $22 billion in customer commitments for future chip supplies. This surge underscores the increasing demand for memory and storage solutions crucial for AI
The Strait of Hormuz is buzzing with activity as Qatar resumes crude oil exports to Asian refiners for the first time since the recent conflict. This resurgence in oil flows, alongside improved regional dynamics and ongoing US-Iran talks, signals a significant easing of tensions. Tanker movements are increasing, with significant volumes of Qatari crude now
Trade negotiations between major economies are rarely linear. Domestic political pressures, competing economic interests and bureaucratic processes ensure that difficult issues are seldom resolved overnight.
India’s growing crude oil imports from Venezuela face uncertainty after powerful earthquakes struck the South American nation. While major oil infrastructure appears largely undamaged, power grid issues and localized disruptions are being closely monitored. This comes as India has significantly increased its reliance on Venezuelan crude for diversification, with recent high-level energy cooperation discussions highlighting
The sharp rise in inflows follows a series of measures by the government and the Reserve Bank of India. According to reports, this is the highest monthly inflow into sovereign debt by a wide margin. The figure comfortably exceeds the previous record of Rs 22,005 crore recorded in August 2024.
India and the UK are set to implement a landmark trade pact and a Double Contribution Convention on July 15, 2026. This comprehensive agreement promises significant benefits, including zero-duty access for nearly all Indian exports and enhanced services trade. It aims to boost bilateral trade to $120 billion by 2030, fostering deeper economic ties and
