Business
Flipkart to enter food delivery space in a month
Set To Take On Zomato, Swiggy | Pilot Likely In B’luru | Separate App, ONDC Launch Planned
Business
Iran war pushes Brent to $100, oil companies fear hit to their finances
Houthi Rebels’ Attacks Add To Shipping Woes
Business
IndiGo offers crisis management plan to settle CCI probe into flight disruption case
IndiGo has proposed commitments to the Competition Commission of India. These proposals aim to address concerns over past flight disruptions and unfair practices. The airline will establish a crisis management group and a passenger grievance mechanism. IndiGo also offered to temporarily hand over airport slots during major disruptions. The CCI is now seeking public comments
Business
US stocks today: Wall Street trades in red as oil tops $100 per barrel; Nasdaq tumbles over 2%, Dow slips over 600 points
Major stock markets opened lower as Big Tech’s AI spending raised investor concerns. Alphabet and Tesla shares fell significantly after their latest quarterly earnings reports. Oil prices surged past one hundred dollars per barrel amid Middle East tensions. This geopolitical situation also increased expectations for a potential Federal Reserve interest rate hike. Weak market breadth
Business
Oil’s $100 comeback: Brent hits a three-month high as Red Sea tensions escalate
Crude oil prices surged past one hundred dollars per barrel amid Middle East tensions. Houthi attacks on Saudi oil tankers in the Red Sea caused market concern. This escalation has heightened fears over global energy supply safety and stability. Domestic crude futures also climbed significantly, mirroring the international price rally. Geopolitical risks are now the