The World Bank could provide up to $100 billion in financial support to countries affected by ongoing conflicts, its president Ajay Banga said. Massive Funding Plan Banga said the bank may mobilize $80 billion to $100 billion over the next 15 months to help nations struggling due to the ec...
The Strait of Hormuz has begun reopening following a temporary ceasefire in the Middle East, but global food prices are still expected to rise as supply chains remain disrupted. The key shipping route, which carries about 20% of the world’s oil and a large share of fertiliser supplies, is ...
Oil prices have surged to multi-year highs as tensions in the Middle East continue to disrupt global supply and boost demand concerns. On Monday, U.S. crude (WTI) rose above $105 per barrel, while Brent crude climbed past $110 per barrel, marking levels not seen in several years. Analysts ...
By Staff WriterDate: March 30, 2026 From April 1, 2026, all digital payments in India will be subject to new security rules designed to protect users and reduce online fraud. The Reserve Bank of India (RBI) has mandated two-factor authentication (2FA) for all digital transactions, includin...
The Indian rupee is under fresh pressure and is edging toward a new record low, with market participants bracing for it to slip past the ₹94 mark against the US dollar. The weakening trend comes amid growing concerns that the ongoing conflict involving Iran could drag on longer than expect...
Strategic oil reserves are emergency stockpiles of crude oil or refined fuels maintained by governments to protect against supply disruptions, price shocks, or geopolitical crises. These reserves have become increasingly important amid conflicts, sanctions and volatility in global energy m...
The government is closely monitoring fuel price trends across the country as global crude oil markets continue to witness fluctuations driven by geopolitical tensions and shifting supply dynamics. Officials stated that despite volatility in international oil prices, domestic petrol and die...
Amid shifting global economic dynamics, China has been reducing its holdings of U.S. dollars and increasing purchases of gold as part of a broader strategy to bolster its financial influence and prepare for future competition with the United States. For years, the U.S. dollar has played a ...
Global oil prices have surged above $100 per barrel, creating volatility in stock markets worldwide and raising concerns about possible supply disruptions. The spike in crude prices comes amid heightened geopolitical tensions in the Middle East, a region that supplies a large share of the ...
India is exploring alternative sources of crude oil as tensions and military conflict in the Middle East continue to disrupt global energy markets. The ongoing confrontation involving Iran, Israel and the United States has raised concerns about potential supply disruptions and price volati...
