Business
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No ship movement in Strait of Hormuz skyrockets oil prices
Frankfurt: Oil prices rose sharply on Monday, March 2, as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how US and Israeli attacks on Iran would affect…
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Aviation, travel stocks tumble as Middle East tensions escalates
New Delhi: Shares of airline companies, tour and travel-related service providers tumbled on Monday, March 2, amid escalating tensions in the Middle East. The stock of InterGlobe Aviation ended 6.25 per cent…
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Oil could top USD 100 as Strait of Hormuz closure halts flows
New Delhi: Oil prices could exceed USD 100 per barrel if tanker traffic through the Strait of Hormuz is not swiftly restored, as the waterway’s closure threatens to disrupt 15 per cent…
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Sensex, Nifty continue to trade with deep cuts as West Asia crisis intensifies
Mumbai: Stock market benchmark indices Sensex and Nifty continued to trade with deep cuts during afternoon session on Monday, March 2, tracking a sharp spike in crude oil prices amid escalating tensions…
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Shares of aviation firms, tour operators dive amid Middle East crisis
New Delhi: Shares of airline companies, tour and travel related services providers tumbled on Monday, March 2, trade amid escalating tensions in the Middle East. The stock of InterGlobe Aviation tanked 7.50…
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Sensex, Nifty crash in early trade as Middle East crisis deepens
Mumbai: Benchmark equity indices Sensex and Nifty crashed in early trade on Monday, March 2, tracking a sharp spike in crude oil prices amid escalating tensions in the Middle East. The 30-share…
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India sees no immediate oil supply disruption despite Gulf tensions
New Delhi: India is unlikely to face any immediate physical disruption in oil supplies despite escalating tensions around Iran and the Strait of Hormuz, but higher crude prices and broader macroeconomic pressures…
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Iran halting Strait of Hormuz traffic might trigger global oil market turmoil
Amid the military strike launched by the United States and Israel on Iran on Saturday, February 28, an official from the European Union’s naval mission Aspides said that vessels received VHF transmission…
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Gold, Silver set for fiery start as Middle East tensions rise
New Delhi: Precious metal prices are likely to see a fiery start to the week when trading resumes on Monday, March 2, as investors would rush for safe-haven assets amid global uncertainties…
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Warren Buffett’s successor publishes his first letter to Berkshire Hathaway shareholders
Omaha (US): Warren Buffett’s successor released his first letter to Berkshire Hathaway shareholders on Saturday, February 28, as the company took a USD 4.5 billion write-down on the value of its Kraft…
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India’s forex reserves drop USD 2.119 bn to USD 723.608 bn
Mumbai: India’s forex reserves dropped by USD 2.119 billion to USD 723.608 billion during the week ended February 20, the RBI said on Friday, February 27. In the previous reporting week, the…
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Stock market crash wipes out Rs 4.98 lakh cr from investors’ wealth
New Delhi: Investors’ wealth was eroded by Rs 4.98 lakh crore on Friday, February 27, as markets faced heavy drubbing, with the Sensex falling over 1 per cent, due to fresh foreign…
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Apple Pay is coming to India in mid-2026, in advanced talks with banks
It’s been over 10 years since Apple Pay launched in the US in 2014, and has now expanded to 89 countries. India was not one of them. That is about to change…
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No extra charge on flight ticket cancellations within 48 hrs: DGCA
New Delhi: Passengers can now cancel or change air tickets without paying additional charge within 48 hours of making the bookings subject to certain conditions, with aviation watchdog DGCA revising the ticket…
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From April 1, all petrol pumps mandated to sell E20 fuel
New Delhi: The government has mandated the sale of petrol with up to 20 per cent ethanol and a minimum Research Octane Number (RON) of 95 across all states and Union Territories…
