Reuters

IMF, World Bank, others warn West Asia conflict straining energy supplies

They said that the world economy remained resilient, but the conflict was disproportionately affecting poorer countries through ‌higher fuel and fertiliser prices, increased uncertainty, and job risks

Fuel price hikes, weak monsoon may push up retail inflation: Finance Ministry

The duration of the Strait of Hormuz disruption remains the 'single most consequential variable' for India's external and price outlook, the report said

Delhi HC ruling on Google keyword ads may reshape online advertising

The court ordered Google to pay damages of $31,600 in a ruling issued on May 22 by the Delhi High Court, which businesses have since been responding to

Gold set for third straight monthly fall as inflation concerns linger

Hopes of a US-Iran ceasefire lifted gold prices, but easing oil prices and fears of prolonged high interest rates kept bullion on track for a third monthly fall

Trump to meet with aides on proposed Iran deal, may lift Hormuz blockade

Trump says he will take a final call on a potential Iran deal after Situation Room meeting, outlining conditions including reopening the Strait of Hormuz

Indian Oil Corp buys 5 million barrels of crude from Africa, West Asia

IOC purchased Angola's Kissanje and Nemba crude for delivery to its Paradip refinery

RBI to hold rates in June; majority now expect hike by year-end: Poll

Nearly 80 per cent of economists, 44 of 56, in the May 22-29 Reuters poll expected the Monetary Policy Committee to keep the repo rate unchanged at 5.25 per cent on June 5

Asian Paints Q4 results: Net profit rises 69% to ₹1,172 cr on strong demand

Consolidated net profit rose 69 per cent to ₹1,172 crore ($123.1 million) for the ​quarter ended March 31, topping ‌analysts' ​expectations of ‌₹1,116 crore

Court rejects Pernod Ricard's plea to resume sale of liquor in New Delhi

Pernod and Delhi authorities have been at loggerheads on whether the company can sell its products like Absolut vodka and Chivas Regal while being an accused in a liquor policy probe

India expected to see 90% of long-period average rainfall in 2026: IMD

While the Northeast is likely to witness normal rainfall this monsoon season, the remaining parts of the country may see below normal rainfall

Insurers seek doubling of tax-free limit for some products to boost inflows

Stronger inflows into such funds will boost demand for ultra-long bonds - which these funds heavily invest in - at a time when the federal and state governments' supply has risen

Gold demand in India tepid on price volatility; China premiums narrow

Dealers in India quoted discounts of up to $106 ‌an ounce over official domestic prices this week, inclusive of 15% import and 3% sales levies, up from discounts of up to $78 an ounce last week

US FDA flags data integrity, maintenance lapses at Dabur India plant

Dabur ​is one of India's oldest and largest consumer goods companies, describing itself ‌as one of the world's largest suppliers of Ayurvedic products with a legacy of over 140 years

Foxconn has immense confidence in growth momentum due to AI: Chairman

The traditional mid-year seasonal slump for tech suppliers no longer happens, Liu told an annual shareholders meeting in New Taipei, adding that he was very optimistic about the second half of year

Satellite images show China building launch pads near nuclear missile silos

The images reveal more than 80 pads for possible use by China's expanding fleet of mobile missile launchers and air-defence batteries

Oil prices fall over 1% on reports of potential US-Iran ceasefire deal

Prices have been volatile in recent sessions, swinging by as much as $6 for both benchmarks on conflicting signals over a possible end to the three-month US-Israeli war on Iran

'We're not there yet, but very close': Vance on US, Iran peace deal

The Trump administration has several times said a deal to end the fighting was close, only to have Iran dispute or downplay the claims

Ukraine to buy 20 new Gripen jets, Sweden to donate older jets sooner

Ukraine's air force is made up of a mixture of ‌Soviet-made and western aircraft. Gripen is seen as a cost-efficient alternative to fighters like the more advanced American F-

France becomes first EU country to reimburse anti-obesity drugs: Minister

Patients in France are currently paying around €300 ​per month on average for the drugs, she said, without indicating how many people currently follow such treatments

Global firms use AI at Indian hubs to cut ad costs, bring work in-house

Content creation two years back took 24 days but now it "only takes two hours" due to AI, Kimberly-Clark India head Deena Dayalan said at a summit in Bengaluru