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The Hindu

Business / The Hindu

Oil prices plunge to $87.8 per barrel as IEA eyes emergency release with Strait of Hormuz in focus

After a Paris meeting of G7 energy ministers, IEA executive director said he was in close contact with energy ministers from key energy producers and consumers

11 Mar 2026 3:24 am
Stablecoins increasingly favoured for money laundering, financing of terrorism and proliferation: FATF report

Stablecoins are a type of cryptocurrency designed to keep their prices stable, usually by linking them to another asset such as a fiat currency or gold

10 Mar 2026 11:07 pm
Air tickets to get costlier as Air India to levy fuel surcharge due to hike in ATF prices

All new bookings made from March 12 will attract a fuel surcharge of 400 on domestic flights

10 Mar 2026 10:33 pm
Indias LNG & LPG shortage to be short-lived as new supply routes, domestic production kick in

Government sources say importing natural gas from U.S. & Norway has become economically viable despite the distance, while domestic LPG production has been ramped up

10 Mar 2026 9:04 pm
Who is Pieter Elbers, the IndiGo CEO who stepped down?

Dutch aviation executive Pieter Elbers, formerly of KLM Royal Dutch Airlines and known for his strong personal branding, often struck a chord with Indian audiences by sharing images of himself embracing local traditions

10 Mar 2026 7:53 pm
IndiGo CEO resigns, months after mass flight cancellations

IndiGos promoter Rahul Bhatia will assume the management of the airline in the interim, according to a press statement

10 Mar 2026 6:44 pm
Rupee rebounds from all-time low to 91.85 against U.S. dollar

Sharp gains in the domestic equity markets, along with a weaker greenback, provided further support to the domestic unit, according to forex traders

10 Mar 2026 4:53 pm
Stock markets rebound tracking drop in crude oil prices, rally in global peers

From the 30-Sensex firms, Mahindra & Mahindra, InterGlobe Aviation, Maruti, ICICI Bank, Asian Paints and UltraTech Cement were among the major gainers

10 Mar 2026 4:48 pm
Government seeks Lok Sabha nod for 2.81 lakh crore gross additional expenditure in FY26

The second batch of Supplementary Demands for Grants was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman

10 Mar 2026 4:24 pm
Cabinet clears amendments to insolvency, companies laws

The sources said the Cabinet has cleared various amendments to the Insolvency and Bankruptcy Code and the Companies Act, 2013

10 Mar 2026 3:34 pm
Government eases FDI norms for China, other countries sharing land border with India: sources

The decision was taken in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi

10 Mar 2026 3:15 pm
Urea and phosphatic fertilizer supplies remain adequate for Kharif season, says Fertilizer Association of India

Fertilizer sector requires imported Regasified Liquefied Natural Gas (RLNG) for the production of urea, with significant supplies of Liquefied Natural Gas (LNG) coming from West Asia

10 Mar 2026 2:54 pm
Google Cloud and Brahma AI partner up to scale digital likenesses

Through the partnership, enterprises will be able to turn data into experiences through high-fidelity digital humans

10 Mar 2026 2:29 pm
Centre invokes Essential Commodities Act to prioritise natural gas allocation to certain sectors

About 30% of Indias overall natural gas consumption is routed through the Strait of Hormuz

10 Mar 2026 1:34 pm
Aramco sees catastrophic consequences for oil if shipping doesn't resume in Strait of Hormuz

Irans Revolutionary Guards said on Tuesday (March 10) they would not allow one litre of oil to be shipped from West Asia if U.S. and Israeli attacks continue

10 Mar 2026 1:23 pm
IDFC First Bank paid 645 crore towards Chandigarh fraud claims

The Bank said that it has completed reconciliation of all relevant accounts and did not notice any further discrepancies.

10 Mar 2026 12:28 pm
Trump bought Netflix and Warner Bros bonds at height of bidding war with Paramount

Trump bought more than $500,000 of Netflixs bonds in two transactions on December 12 and December 16 and another more than $600,000 across two more trades on January 2 and 20, the disclosures show

10 Mar 2026 11:28 am
Oil Ministry sets up panel as commercial LPG shortage hits hospitality sector

Industry sources say the disruption has already begun affecting operations in Mumbai and Bengaluru, as hotels and restaurants struggle to secure cooking gas

10 Mar 2026 10:36 am
Rupee rebounds from all-time low, up 7 paise to 92.14 against U.S. dollar

A weaker greenback and a strong opening at the domestic equity markets further supported the local unit while heavy FII outflows capped sharp gains, forex traders said

10 Mar 2026 10:24 am
Stock markets rebound in early trade after two days of sharp fall

In Asian markets, South Korea's Kospi rebounded sharply by nearly 5%, while Japan's Nikkei 225 jumped 2.5%. Shanghai's SSE Composite index and Hong Kong's Hang Seng index were also trading in positive territory

10 Mar 2026 10:16 am
Microsoft taps Anthropic for Copilot Cowork in push for AI agents

The launch comes weeks after Anthropic introduced new tools for Claude that intensified investor concerns about the threat AI agents could pose to traditional software companies, triggering to a selloff in the sector

10 Mar 2026 8:58 am
Crude plunges, stocks rally as Trump says war pretty much complete

As the crisis in the crude-rich West Asia continued into a second week, the U.S. president said that the campaign was far ahead of his initial timeline of around a month

10 Mar 2026 8:35 am
Kiwi General Insurance, Allianz Jio Reinsurance get IRDAI nod

IRDAI also said it deliberated on the regulatory framework required following the enactment of the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, which came into force on February 5

10 Mar 2026 4:32 am
I-T Department uncovers 408 crore sales underreporting by restaurants across India

In some cases, recorded sales were not fully reflected in financial accounts or tax filings, and bulk bills were deleted by restaurants

9 Mar 2026 11:21 pm
RBI conducts G-Secs purchase of 50,000 crore to inject liquidity, another tranche on Friday

Rupee sinks to record low intra-day as crude oil prices surge over $110 a barrel

9 Mar 2026 9:42 pm
Trade unions, farm outfits to strengthen protests against U.S. trade deal, Labour Codes

They will hold mahapanchayats in all States to rally farmers and workers against the pro-corporate policies of the Union government

9 Mar 2026 8:58 pm
Broadcast Audience Research Council and Nielsen launch cross-media advertising measurement solution

The move is aimed at providing integrated data to advertisers and agencies for optimised spends

9 Mar 2026 6:26 pm
Indias next export frontier: why the country should start exporting trains

At a time when the country is aiming to expand its manufacturing exports and position itself as a reliable industrial partner for developing economies, Railway Rolling stocks present a major untapped opportunity

9 Mar 2026 4:33 pm
Rupee falls 53 paise to close at all-time low of 92.35 against U.S. dollar

Withdrawal of foreign funds amid intense selling in domestic equity markets further pressured the rupee, forex traders said

9 Mar 2026 4:29 pm
Nasscom calls for strengthening operational, cyber resilience amid evolving West Asia situation

Periods of geopolitical uncertainty often see a rise in coordinated cyber threats, disinformation campaigns, and infrastructure targeting. enterprises

9 Mar 2026 3:00 pm
Iran conflict forces Asian central banks into sharp policy rethink

For emerging Asian central banks, cutting interest rates has become a risky bet not just because of the added price pressure from higher fuel costs

9 Mar 2026 2:20 pm
How Iran war could create fertilizer shock often ignored global risk to food prices, farming

Most shipping companies have suspended journeys through the Strait of Hormuz

9 Mar 2026 12:47 pm
G7 to discuss joint release of emergency oil reserves, say reports

The report comes as oil prices surged more than 25% on Monday (March 9) to their highest levels since mid-2022

9 Mar 2026 12:05 pm
China warns of global chip shortages as Nexperia dispute escalates again

Efforts from Beijing, The Hague, and Brussels to push both to a mediated resolution have done little to resolve the impasse

9 Mar 2026 11:24 am
U.S. urged India to buy Russian oil already at sea to ease supply fears: Energy Secretary

The move, Energy Secretary Chris Wright said is a short-term, pragmatic effort to stabilise the market and did not signal any change in Washington's policy towards Russia

9 Mar 2026 11:20 am
Sony faces $2.7 billion class action from UK PlayStation users

Sony will face a 2 billion ($2.7 billion) class action lawsuit starting Tuesday in London

9 Mar 2026 10:04 am
Investors sell big as crude raises, stock markets decline 3%

Barring a few hundred stocks, all of them are declining since open

9 Mar 2026 10:02 am
West Asia conflict oil hike, market reactions LIVE: Crude oil surpasses $114 a barrel for the first time in four years

Investors, already spooked by concerns over extended tech valuations and the huge spending on AI, ran for the hills as crude rocketed to its highest level since the Russian invasion of Ukraine in 2022

9 Mar 2026 9:47 am
OpenAI robotics manager resigns over Pentagon deal

The company behind ChatGPT secured a defence contract with the Pentagon last month

9 Mar 2026 9:31 am
Asian equities plunge as oil soars 30% on West Asia crisis

Investors, already spooked by concerns over extended tech valuations and the huge spending on AI, ran for the hills as crude rocketed to its highest level since the Russian invasion of Ukraine in 2022

9 Mar 2026 8:51 am
Indias renewable transition caught between stranded power and institutional Inertia

This issue was highlighted as a priority risk for Indias energy transition at the Bharat Climate Forum (BCF) 2026, where policymakers, system planners, developers, and financiers converged.

9 Mar 2026 8:09 am
Crude oil prices surpass $100 a barrel as Iran war impedes production and shipping

The last time U.S. crude futures traded above $100 per barrel was June 30, 2022, when the price reached $105.76. For Brent, it was July 29, 2022, when the price hit $104 per barrel

9 Mar 2026 6:43 am
12 years on, renewed hunt for missing Flight MH370 comes up empty as families press for answers

The Air Accident Investigation Bureau said in a statement that a seabed search conducted by marine robotics company Ocean Infinity between March 2025 and January 2026 surveyed thousands of square kilometres of ocean floor but has not produced any confirmed findings of the aircraft wreckage

8 Mar 2026 1:56 pm
Women bring valuable perspectives forethical AI: Nasscom Chairperson

When women lead in AI, the technology becomes more responsible, more inclusive and ultimately more impactful for society, says Sindhu Gangadharan

8 Mar 2026 1:56 pm
Will financial wellness be the next frontier for Indian fintech after UPI?

A clutch of startups is now seen building what they call financial wellness platforms, products designed not to sell financial instruments but to improve a users overall financial health and its finding traction

8 Mar 2026 12:44 pm