Upstream oil company shares are poised for gains as crude prices surged significantly due to escalating U.S.-Israeli conflict with Iran, triggering Middle East supply concerns. Analysts predict further price hikes, potentially reaching $150 a barrel, impacting India’s import bill and currency.Read More
Gold prices tumbled over 2% on Monday. A stronger US dollar made the precious metal more expensive for global buyers. Higher energy costs fueled inflation worries, delaying anticipated interest rate cuts. Investors are now less hopeful for a June rate reduction. Silver, platinum, and palladium also saw significant declines.Read More
The dollar surged to a three-month high against the euro as oil prices surpassed $100 a barrel, prompting investors to seek safety amid fears of disrupted global energy supplies. The ongoing conflict in the Middle East, coupled with Iran’s naming of a new Supreme Leader, intensified concerns about further supply disruptions and their impact on...Read More
Asian stock markets experienced a sharp decline early Monday. Japan’s Nikkei 225 index dropped over 6%. South Korea’s Kospi also sank significantly. Shares in Australia and New Zealand saw notable falls. This market reaction follows a surge in oil prices. Brent crude prices rose to over $100 a barrel.Read More
Indian equities are set to open sharply lower as crude oil surges nearly 20% amid the US-Israel-Iran conflict, weighing on global markets. Asian indices, led by Nikkei, plunged, while a strong dollar and rising US Treasury yields intensify pressure. Investors await the US CPI data for further cues.Read More
Data released by the Reserve Bank of India (RBI) shows that several foreign lenders saw a decline in their active card base in 2025, even as the overall credit card market continued to grow rapidly, driven largely by private sector banks. Among major foreign issuers, American Express saw its active cards decline to 1.334 million...Read More
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