Topic
global markets
Commodities Global crude oil prices plunge around 7% after US and Iran pause military strikes over weekend
Global crude oil prices plunged around 7% on July 27, 2026, after the United States and Iran paused military strikes over the weekend. Brent crude traded 7.2% lower at $89.74 per barrel, while West Texas Intermediate fell 6.6% to $83.36 per barrel, according to News on AIR.
Commodities Why Has China's Oil Imports Fallen So Sharply, and What Does It Mean for Global Markets?
China's oil imports have dropped sharply from an average of 11.5 million bpd to around 8 million bpd since April, with June shipments at 40% of pre-Iran war levels. The decline, driven by lower fuel demand, electrification, and economic slowdown, has kept global prices in check but raised uncertainty about permanence.
Business Sensex slides 900 points as global tech sell-off weighs on Indian markets
The BSE Sensex plunged nearly 900 points to 76,201 on Tuesday, driven by a global tech sell-off triggered by a 10% crash in Korea's Kospi following a regulatory warning and weakness in US AI stocks. Foreign institutional investors were net buyers at Rs 18 crore, while domestic investors recorded Rs 680 crore net inflow. Market capitalisation on BSE fell by Rs 5.5 lakh crore to Rs 475.1 lakh crore, with metal and IT indices down 3% and 2.2% respectively.
Commodities Global Crude Oil Prices Sink to Lowest Levels in Nearly Four Months
Global crude oil prices slumped to their lowest levels in nearly four months on June 24, 2026. Brent crude fell nearly 3% to $74.80 per barrel, while West Texas Intermediate dropped over 2.8% to $71.12 per barrel, according to News on AIR.
Commodities Global Crude Oil Prices Post Sharp Weekly Losses Amid Israel-Hezbollah Ceasefire
Global crude oil prices registered steep weekly losses, with Brent August futures falling 7.7% to $80.57/barrel and WTI July futures declining 8.6% to $77.54/barrel. A fragile ceasefire between Israel and Hezbollah, brokered by the US, Qatar, and Iran, is seen as a key factor easing regional tensions and supporting trade flows.
Trade Sitharaman: External Aid Projects Must Help Northeast Products Access Global Markets
Union Finance Minister Nirmala Sitharaman said externally aided projects (EAPs) should serve as instruments to help Northeast India's local products access global markets. She noted EAP assistance increased seven-fold under the Modi government, from Rs 9,000 crore (2004-2014) to Rs 76,000 crore (2014-2026). She also inaugurated Northeast India's largest organic spice processing facility in Meghalaya.
Commodities Iran War Disruption: An Energy Shock or a Turning Point for Global Markets?
The Iran war has removed at least 1 billion barrels of crude and 20% of global LNG from markets through the Strait of Hormuz closure. A U.S.-Iran peace deal now promises to reopen the waterway, but the crisis may accelerate long-term shifts toward electric vehicles and renewables, as seen in record EV sales in Australia and China.
Business South Korea Surpasses India in Global Stock Market Rankings
South Korea has overtaken India to become the world's sixth-largest stock market, driven by a surge in semiconductor stocks like Samsung Electronics and SK Hynix. This shift highlights the impact of the AI boom on global equity markets.
Business Sensex Plummets Amid Gulf Tensions, Foreign Outflows
The Sensex has fallen 2,200 points over four sessions due to escalating tensions in the Gulf region and significant foreign fund outflows. Investors are closely watching the upcoming RBI policy meeting for further market direction.
Business Asian Markets Rally as European Indices Show Mixed Results
Asian stock markets experienced a significant surge, with South Korea's Kospi and Japan's Nikkei leading the gains. European indices, however, presented a mixed trading picture.