Dry bulk freight rates surge 36% to three-year high: BoB
Dry bulk freight rates surged about 36 per cent between February and July 2026, reaching their highest level in three years, a Bank of Baroda Research report said. The Baltic Dry Index…
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India’s Q1 GDP growth seen at 7.1% to 7.3% in polls
India's economic growth likely slowed to 7.1% in the April-June quarter, according to a Reuters poll of 58 economists, down from 7.8% in the previous quarter. Business Standard reports the slowdown reflects…
Lower oil prices now top US war goal, Vance says
Vice-President JD Vance said on Thursday that lowering gasoline prices for American consumers has replaced preventing Iran from obtaining a nuclear weapon as the top US priority in the ongoing war with…
Iran rejects Trump’s plan to claim Strait of Hormuz as US territory
Iran rejected US President Donald Trump’s statement that he would soon declare the Strait of Hormuz a US territory after defeating Iran. Deputy Foreign Minister Kazem Gharibabadi said the waterway could not…
Brent crude extends decline to $87 as Iran-Oman deal stalls
Brent crude fell to around $87 per barrel, extending its decline, NDTV Profit reports. The drop comes as Iran and Oman have not yet reached an agreement to reopen a crucial waterway,…
US vows never-seen measures on Iran; UAE condemns Hormuz attacks
US Treasury Secretary Scott Bessent said Washington will impose 'never-been-seen' economic measures on Iran, including a continued blockade of the Strait of Hormuz. Defense Secretary Pete Hegseth said the US Navy can…
Middle East war risks global economic shock as oil prices spike
The Middle East conflict, originally a regional war, is now escalating into a global economic threat, reports NDTV. Oil prices have surged past $90 a barrel, stoking fears of sustained inflation and…
Kospi Surges 3.6% as AI Rally Revives Korean Stocks
South Korea’s Kospi jumped 3.6% on Thursday, with NDTV Profit reporting a 3.75% rise, as technology shares rallied after softer US inflation reduced fears of an immediate Federal Reserve rate hike. Samsung…
Sensex sinks 650 points, Nifty near 24,250; investors lose Rs 3 lakh crore
The Sensex crashed 650 points to 77,498 and the Nifty fell 200 points to 24,266 in intraday trade on Wednesday, August 12, before recovering slightly to close at 77,966 and 24,435 respectively.…
Oil price jitters restrain Indian bonds ahead of inflation data
Indian government bond yields stayed narrowly range-bound on Wednesday as elevated oil prices curbed risk appetite ahead of US and domestic inflation data. The benchmark 10-year yield was little changed at 6.78%.…
