The Economic Times

The Asia energy crisis is escalating fast, with oil prices crossing $106 per barrel and LNG rates jumping 143% in weeks. This sharp surge is disrupting supply chains across Asia. Factories are slowing down. Some are cutting output by up to 70%. The Asia energy crisis 2026 is now hitting daily essentials. Food packaging, plastics, and fuel costs are rising together. Consumers are already paying more. Many are stockpiling basic goods. The Strait of Hormuz disruption is choking global energy flows.

The Middle East conflict will impact developing Asia and the Pacific. Growth is expected to decrease by 0.3 to 1.3 percentage points over 2026-27. Inflation may rise by 0.6 to 3.2 percentage points. Higher energy prices and trade disruptions are key factors. Policymakers must focus on stability and protecting vulnerable populations.

The Social Democratic Party of India (SDPI) withdrew its candidate from Manjeshwar following pressure from local Muslim leaders and the UDF, aiming to prevent a split in minority votes. This move comes as the BJP eyes the coastal constituency, where the IUML narrowly won in 2016. Despite this, a Konkani Catholic candidate remains in the race.

A ballistic missile interception over Abu Dhabi tragically resulted in the deaths of two individuals, including an Indian national, and injuries to three others. Falling debris from the neutralized threat struck a busy street, causing casualties and damage. Authorities are urging the public to rely on official sources for information.

A $1,000 Dog Tax Credit promotion is attracting attention during tax season. The offer is not from the government but from a pet food brand running a limited-time sweepstakes. Dog owners in the US can apply before the April deadline for a chance to win. The promotion aims to help cover pet care costs and highlights growing interest in pet-related tax benefits.

Airports across the United States are experiencing severe disruption as TSA wait times surge at major hubs. The ongoing DHS shutdown has left thousands of Transportation Security Administration workers unpaid, leading to widespread absenteeism and staffing shortages of up to 40% at some airports. Travelers are being urged to arrive early and prepare for extended security delays nationwide.

Chinese Foreign Minister Wang Yi stated that China-India relations are on a correct path of improvement, emphasizing that shared interests significantly outweigh differences. He expressed China's willingness to cooperate with India to implement leader consensus, viewing each other as partners and opportunities. This comes after efforts to stabilize ties following the 2020 military standoff.

The upcoming Noida International Airport is set to transform the region. Experts predict a surge in demand for Grade-A office spaces and luxury homes. This development will attract multinational companies and create new job opportunities. The Yamuna Expressway corridor is expected to see significant real estate growth.

Global investor Macquarie Asset Management will sell its Indian toll road assets to VINCI Highways. The deal is valued at approximately $1.6 billion. This marks VINCI's return to India's road sector. The portfolio includes nine toll road projects across Andhra Pradesh and Gujarat. Financial closing is expected by the end of 2026. This acquisition aligns with VINCI's long-term investment strategy.

Jio Studios has achieved a remarkable feat with three consecutive films, Stree 2, Dhurandhar, and Dhurandhar: The Revenge, each surpassing Rs 500 crore net in India. Stree 2 set a new benchmark in 2024, followed by Dhurandhar in 2025 and Dhurandhar: The Revenge in 2026, showcasing a sustained period of box office success for the studio.

The OECD has lowered India's FY27 growth forecast to 6.1% due to global uncertainty and rising energy prices, despite expected support from reduced US tariffs. Inflation is projected to rise sharply to 5.1% in FY27, prompting the OECD to anticipate a temporary policy rate hike in India during Q2 2026.

Cadence Bank agreed to a $5.2 million settlement after a data breach linked to MOVEit software. Some affected customers may receive payments depending on their situation. People who got notices can file claims before the deadline. Compensation may include cash, reimbursement for losses, and free credit monitoring. The case is part of a class action related to personal data exposure.

Taylor Swift and Travis Kelce wedding: According to reports, the couple has reportedly booked an upscale property, Ocean Hall in Rhode Island, to host their much-anticipated ceremony.

US recession warning 2026: US recession fears are escalating as rising oil prices and global tensions, particularly the Middle East conflict, weigh on the economic outlook. Analysts now place recession probability between 30% and 40%, citing potential for prolonged inflation and slower growth. Market sentiment and corporate leaders also signal growing concern.

Dhurandhar: The Revenge's success fuels fan theories of a connected cinematic universe, particularly with the introduction of Jaskirat Singh Rangi. A name shared with a character from Uri: The Surgical Strike ignites speculation about a shared timeline, despite apparent contradictions. This mystery surrounding Jaskirat's identity is driving intense audience engagement and anticipation for Dhurandhar 3.

Choosing solitude over detrimental connections is a matter of self-respect, as bad company can subtly erode values and drain energy. This discomfort fosters clarity, allowing for self-reflection and the discernment of positive influences. Ultimately, setting standards for relationships attracts more meaningful connections and leads to personal growth.

The BA.3.2 COVID-19 variant, nicknamed Cicada, has emerged in the United States and multiple countries, prompting close monitoring by the Centers for Disease Control and Prevention and the World Health Organization. Detected in wastewater and clinical samples, it remains a small share of cases in the U.S. but has spread internationally.

India's premium textile market faces a credibility gap in Pashmina shawls due to widespread misrepresentation. Authentic Pashmina, rooted in specific geography and manual craftsmanship, is being imitated by machine-made and blended fiber products. This trend directly impacts Kashmiri artisans, highlighting the growing need for buyer awareness and certification.

Veteran actor Saurabh Shukla, known for his versatile roles, believes in letting his work speak for itself, eschewing personal PR for image building. He emphasizes that while strategic PR aids in project promotion, it cannot substitute genuine talent. Shukla prefers recognition for his performances over lifestyle flaunting, asserting that audience connection stems from impactful cinema, not fleeting hype.

A NATO report on Thursday said military spending by member states rose by a fifth year-on-year in 2025 to $574 billion. The NATO report said all members are now above the target of allocating at least 2 percent of Gross Domestic Product to military spending, a goal set in 2014 for 2024.

Mortgage rate today: 30-year mortgage rates increase to 6.49% on March 26, 2026. This fresh data signals rising borrowing costs across the housing market. The sharp weekly jump of 0.18% reflects growing pressure from inflation and higher Treasury yields. Homebuyers now face tighter affordability and higher monthly payments. Mortgage refinance rates also climbed to 6.69%, reducing savings opportunities. Experts link this trend to rising oil prices and global uncertainty. The Federal Reserve pause

US unemployment benefit claims saw a small rise last week. This indicates a stable job market. The Federal Reserve can maintain current interest rates. They will watch inflation risks from the Middle East conflict. Oil prices have surged. This could impact March inflation data. Continuing claims for benefits have decreased. The unemployment rate edged up in February.

Netflix's new miniseries, Something Very Bad Is Going to Happen, follows an engaged couple whose wedding week descends into chaos. Created by Haley Z. Boston and executive produced by The Duffer Brothers, the show blends psychological horror, absurdity, and dark humor. Premiering March 26, 2026, it offers a fresh, unconventional take on love and terror.

Viral videos show panic buying of fuel across India, with citizens filling containers at petrol pumps. The government has assured ample oil and LPG stocks for 60 days and one month respectively, urging citizens to disregard misinformation and avoid unnecessary fear.

UltraTech Cement has settled its arbitration with Jaiprakash Associates Ltd concerning the Dalla Super unit and associated mines. The company will redeem preference shares valued at Rs 1,000 crore. This resolution concludes a long-standing dispute. The settlement also aids in monetizing Jaiprakash Associates' assets during its insolvency process. Adani Group is the successful bidder in that process.

Renault India has launched the 2026 Duster SUV, with pre-bookings open for five variants priced from 10.29 lakh. The base Authentic trim emphasizes safety and functionality, featuring six airbags and advanced stability systems. In contrast, the Kia Seltos HTE base variant offers a more tech-focused package with a larger infotainment screen and cruise control.

Around 460,000 Americans could lose low-cost health coverage as New York rolls back its Essential Plan. The change follows federal funding cuts and restored income limits. Many residents who recently qualified may no longer be eligible. Officials say notices and other insurance options will be offered. The move adds to concerns about rising healthcare costs and possible coverage losses nationwide.

India's health insurance sector is growing strongly. The Insurance Regulatory and Development Authority of India (Irdai) has set strict deadlines for processing cashless health insurance claims. This aims to speed up approvals and ensure policyholders get timely medical care. Grievances are being addressed efficiently. Reasons for claim rejections are clarified. These steps foster a trustworthy health insurance system.

Your heart often provides warning signs weeks before a cardiac event. From unexplained fatigue and shortness of breath to atypical pain in the jaw or back, recognizing these seven silent signals can save your life. Learn the difference between a stomach bug and a heart distress signal in 2026.

The Supreme Court of India has ruled that financial burden cannot be a reason to deny fair compensation in land acquisition cases. The National Highways Authority of India's plea to reduce its liability was rejected. However, the court clarified that benefits like solatium and interest will only be provided to landowners whose claims were pending.

Quote of the day by Martin Luther King Jr.: His powerful message on love's ability to transform enemies into friends is highlighted. His philosophy, rooted in compassion and active empathy, offers a revolutionary approach to conflict resolution, applicable from personal relationships to global affairs.

The Department of Homeland Security shutdown has entered its 40th day, amplifying political strains in the Senate. A proposal backed by Donald Trump to fund most DHS operations while delaying ICE funding initially featured promise but quickly faced bipartisan opposition. Republicans like Josh Hawley rejected any cuts to ICE, while Democrats led by Chuck Schumer demanded major reforms. Negotiations remain stalled, with both sides preparing counteroffers.

Revitalize your mornings with seven traditional Indian breakfasts that are naturally packed with probiotics, fiber, and plant-based proteins. From fermented Idlis to iron-rich Poha and protein-dense Moong Dal Chilla, these time-tested dishes provide the perfect nutritional foundation for a high-energy, healthy lifestyle in 2026.

Meenal Goel surprised her father with a new smartphone. He initially questioned the expense, preferring his old device. However, he soon displayed the gift with pride to friends. This highlights how many Indian fathers prioritize their children's needs over their own. The gesture brought joy to both father and daughter, resonating with many.

SpaceX is preparing one of the biggest IPOs in history, targeting $75 billion, according to insiders. The move could value Elon Musks company at $1.75 trillion, surpassing all previous public offerings. Starlink, with over 9,500 satellites, drives the companys growth, while Musks recent xAI acqu isition boosts tech integration. Investors reacted instantly, lifting shares of Rocket Lab, AST SpaceMobile, and Firefly Aerospace. The IPO could fund massive Starlink expansion, orbital AI data centers,

Nutritionist Lovneet Batra highlights six essential seeds for a healthier lifestyle. Chia seeds hydrate skin, flaxseeds balance hormones, and pumpkin seeds improve sleep. Sesame seeds strengthen bones, sunflower seeds boost immunity, and garden cress seeds enhance energy. Incorporating these power boosters into daily meals offers a simple yet effective way to improve your body's function naturally.

Quote of the day: George R.R. Martins quote asks the readers to understand that embracing ones flaws is not about resignation but liberation. In accepting imperfections, individuals reclaim control over their narrative, turning vulnerability into an unshakeable form of strength.

Eliminate mid-morning fatigue with these seven low-glycemic breakfasts designed for 2026. By focusing on slow-release carbohydrates like Ragi and steel-cut oats, combined with high-quality proteins and healthy fats, you can stabilize your blood sugar, enhance mental focus, and maintain peak energy levels throughout your most demanding workdays.

Prime Minister Narendra Modi will meet Chief Ministers via video conference on Friday evening. The meeting will review state preparedness for the West Asia conflict. Discussions will focus on coordinated action and Team India synergy. Jammu and Kashmir Chief Minister Omar Abdullah urged citizens not to panic about fuel shortages.