Addressing a gathering in Kentucky, Trump said, "I'm pleased to report that earlier today, the International Energy Agency agreed to coordinate the release of a record 400 million barrels of oil from various national petroleum reserves around the world, which will substantially reduce the
The International Energy Agency (IEA) on Wednesday announced the largest-ever release of emergency oil stocks in its history, making 400 million barrels of oil available to global markets to mitigate disruptions caused in the global energy supply by the ongoing West Asia conflict.
New Delhi [India], March 9: India has emerged as a joint global leader in FinTech adoption. According to the EY Global FinTech Adoption Index, 87% of Indian consumers actively use FinTech services, nearly 25 points above the global average of 64%. No other major economy comes close to this l
The share markets in the country opened with a bloodbath on Monday as both benchmark indices declined sharply in the opening session amid a huge surge in crude oil prices and heavy selling across global markets.
Mumbai (Maharashtra) [India], March 7: At a pivotal moment for global capital markets -- shaped by tightening liquidity, shifting tariff regimes, and intensifying geopolitical fragmentation -- India Global Forum's IGF Mumbai 2026: Catalysing Capital returns for its third edition in India's f
US Energy Secretary Chris Wright on Friday said that Washington's decision on issuing a 30-day waiver to India to purchase certain Russian oil supplies is part of "short-term measures" aimed at keeping global oil prices under control amid supply pressures linked to tensions in the Middle
Escalating tensions in West Asia, particularly around Iran and the Strait of Hormuz, could pose near-term risks to global markets through higher energy prices, though India's underlying economic momentum remains relatively resilient, according to a report by Jefferies.
Dhruva Jaishankar, Executive Director of ORF America, stated at the Raisina Dialogue 2026 that global conflicts necessitate "unexpected arrangements" and "carve outs" to balance geostrategic competition with economic stability. He noted that even during crises, the US remains conscious of gl
United States on Friday (local time) issued a temporary waiver allowing Indian refiners to continue purchasing Russian oil already stranded at sea for the next 30 days to enable oil to keep flowing into the global market.
Berlin [Germany], March 5: At this year's ITB Berlin, the world-renowned travel trade exhibition held in Berlin, a high-level delegation from KINEXIN Convention Management, the operator of Yashobhoomi (India International Convention & Expo Centre, IICC), has launched an intensive five-day gl
IBM today announced the launch of its first Infrastructure Innovation Center, the Sangam Infrastructure Innovation Center, housed within its new India Systems Development Lab (ISDL) campus. This new center will drive co-creation and innovation for India and for the world. The center undersco
The NIFTY ended at 24,480.50, down 385.20 points or 1.55 per cent as of the time of filing this report. The index opened at 24,388.80 and touched an intraday high of 24,602.45 before sliding to a low of 24,305.40 during the session.