Business News - Page 5
China imposes temporary helium export ban amid Iran conflict disruptions
Move comes as West Asia tensions disrupt global helium supplies, a critical input for semiconductor manufacturing.
Why SK Hynix's $26.5 billion US listing is a strategic bet on Wall Street
The AI memory chip leader's Nasdaq debut is about more than raising billions. By tapping US capital markets, SK Hynix is seeking broader investor access, stronger visibility and a valuation closer to global semiconductor peers.
India should stay firm in US trade talks, test Washington's resolve: SBI
SBI Ecowrap says India should avoid early concessions as US uses uncertainty to strengthen its negotiating position.
Zerodha vs Groww: Nithin Kamath's direct mutual fund pitch sparks industry face-off
Zerodha CEO Nithin Kamath's defence of free direct mutual funds sparked a public response from Groww, reigniting the debate over direct versus regular mutual fund plans and paid investment advice
After Hormuz disruption, India ramps up strategic crude storage; ONGC clears 1.75 MT Mangaluru project
ONGC has approved a 1.75 million metric tonne strategic petroleum reserve at Mangaluru as India accelerates efforts to strengthen energy security after the Strait of Hormuz disruption exposed the risks of global oil supply shocks
How Air India's operational reset helped it become the world's fourth most punctual airline
Air India has been ranked the world's fourth most punctual airline in June 2026 by Cirium, highlighting gains from its operational overhaul even as the carrier undergoes a leadership transition and continues its fleet modernisation
'57% of exports tariff-free': NZ PM Luxon pitches India trade deal ahead of Modi visit
Ahead of Prime Minister Narendra Modi's historic visit, New Zealand Prime Minister Christopher Luxon said 57 per cent of the country's exports to India will become tariff-free from day one under the India-New Zealand FTA, highlighting the deal's benefits for businesses and economic growth
Inside the US Fed's five powerful task forces — and why they matter
The US Federal Reserve has launched five independent task forces to examine everything from inflation and interest-rate communication to artificial intelligence and real-time economic data. The review, led by Fed Chair Kevin Warsh, could shape how the world's most influential central bank operates for years to come
Raghuram Rajan, Raj Chetty, Asha Sharma: Meet the brains behind US Fed's high-powered task forces
The US Federal Reserve has assembled some of the world's most influential economists, business leaders and technology executives to help reshape the central bank. The line-up includes three Indian-origin leaders — Raghuram Rajan, Raj Chetty and Asha Sharma — who will play key roles in reviewing everything from inflation and AI to the Fed's balance sheet.
Japan's wholesale inflation jumps to 3-year high as Iran war fuels price pressures
Japan's wholesale inflation surged 7.1 per cent in June, the fastest pace in more than three years, driven by higher fuel and metal prices amid the West Asia conflict. The data has strengthened expectations that the Bank of Japan could raise interest rates again later this year
Airbus workers launch nationwide strike in Spain, raising fresh risks to aircraft deliveries
Airbus workers across Spain have launched a strike over pay and working conditions, raising concerns about aircraft production and delivery schedules as the company battles supply-chain constraints
India questions WTO's e-commerce deal, says 66-country pact cannot bypass consensus
India has challenged an interim arrangement for implementing a WTO e-commerce agreement backed by 66 countries, saying the deal cannot bypass the organisation's consensus-based decision-making process
'I should have played long game': OpenAI executive Fidji Simo exits full-time role after medical leave
OpenAI chief of applications Fidji Simo is stepping down from her full-time role after an extended medical leave, citing the need to focus on recovery from a chronic illness. She will continue as a part-time adviser
Pakistan's remittances hit record $41.6 billion in FY26, surpass export earnings
Workers' remittances to Pakistan rose 8.6 per cent to an all-time high of USD 41.6 billion in FY26, exceeding the country's export earnings and helping offset a trade deficit of nearly USD 40 billion
Make in India is now a global brand, India aims to be among world's top three economies: PM Modi in Melbourne
Prime Minister highlights India's manufacturing, startup, 5G, metro and space achievements and says the country is rapidly advancing towards innovation-led growth.
'Australian milk, Indian tea': PM Modi praises Indian community in Melbourne
Addressing nearly 30,000 members of the Indian community in Melbourne, Prime Minister Narendra Modi praised the diaspora for strengthening Australia while staying deeply connected to India, following talks with Australian PM Anthony Albanese.
ADB lowers Asia-Pacific growth view to 4.9% on energy disruptions
Asian Development Bank lowers the regional growth outlook by 0.2 percentage points, raises the inflation forecast to 4.3 per cent amid prolonged energy, commodity and supply chain disruptions.
Aviva to fully own Aviva India months after govt's 100% FDI nod in insurance sector
UK insurer acquires remaining 26 per cent stake in Aviva India after government allows 100 per cent foreign ownership in the insurance sector.
Brent crude may revisit $110 if US-Iran tensions escalate again; Asian refiners better prepared
Asian refiners better equipped to weather supply disruptions after diversifying crude imports, says Sparta Commodities
Why India's bigger challenge isn't just higher oil prices — it's the stronger US dollar
India has long worried about rising oil prices during conflicts in West Asia. But the latest US-Iran tensions are exposing a bigger risk: a stronger US dollar. Here's why the greenback could pose a greater challenge to India's economy than expensive crude
India, Australia working on a bilateral investment treaty, says PM Modi
During PM Modi's Australia visit, India and Australia move to deepen investment ties through a bilateral investment treaty.
Fed minutes signal growing inflation worries as some officials back rate hikes under Warsh's leadership
Minutes from the US Federal Reserve's June policy meeting show several officials believed a case existed for raising interest rates as inflation concerns intensified under new Chair Kevin Warsh, even though the central bank ultimately kept rates unchanged
IMF keeps India on top of global growth table — but clouds gather ahead
India is projected to remain the world's fastest-growing major economy with 7 per cent growth in 2026, according to the IMF. But a slowdown to 6.4 per cent next year highlights rising global risks from geopolitical tensions, trade disruptions and higher energy prices
'A glimpse of global confidence': PM Modi welcomes AustralianSuper's A$500 million India investment
Prime Minister Narendra Modi hailed AustralianSuper's A$500 million investment in India's NIIF as a sign of global confidence in the country's growth and reform trajectory, as Australia's largest pension fund expanded its India exposure to A$3.3 billion
'Red flags' remain: US judge approves SEC settlement with Elon Musk, questions regulator's handling of case
A US judge approved the SEC's $1.5 million settlement with Elon Musk over his delayed disclosure of Twitter share purchases but criticised the regulator's handling of the case, raising concerns about whether the billionaire received preferential treatment
‘I did have issues, and I still do’: Trump says Spain backed down after US trade threat amid Nato rift
US President Donald Trump claimed Spain backed down after he threatened to halt trade during the Nato summit, but Madrid denied any concession and insisted bilateral ties remain strong despite growing tensions over defence spending and the Iran conflict
Oil surges over 5% as US launches fresh strikes on Iran, fears of wider West Asia conflict rattle markets
Oil prices jumped more than 5 per cent after the United States launched fresh military strikes on Iran, fuelling fears of wider conflict in West Asia and potential disruptions to global crude supplies through the Strait of Hormuz
Russia's diesel export ban jolts global fuel markets as Ukrainian strikes deepen domestic fuel crisis
Russia has banned diesel exports until July 31 to ease domestic fuel shortages caused by Ukrainian drone attacks on oil refineries. The move has tightened global diesel supplies, sending European diesel margins and US diesel futures sharply higher amid growing concerns over inflation and energy security
IMF cuts global growth forecast again, warns West Asia war threatens recovery
Global economic growth is now estimated at 3.0 percent this year, the International Monetary Fund said, down from 3.1 percent in its April forecast
US dollar holds near one-week high after Trump says Iran memorandum is 'over'
Greenback stays firm on safe-haven demand amid renewed US-Iran tensions, while investors await Fed meeting minutes for fresh policy cues.