India commits support to global oil markets as IEA plans record release of 400 million barrels.
Category: India
Latest India business, market, economy, technology and company news from trusted global and local sources.
Global dealmaking in oil and gas upstream was muted in 2025, Enverus says
Global upstream oil and gas dealmaking totaled $18 billion in 2025, remaining subdued for a second year, Enverus reports.
ECB’s Schnabel warns of scars from post-pandemic inflation spike
ECB's Isabel Schnabel said the post-pandemic inflation spike left scars on companies and consumers who now expect higher prices.
Iran has laid about a dozen mines in Strait of Hormuz, sources say
Iran has deployed about a dozen mines in the Strait of Hormuz, sources say, complicating reopening plans for the key…
Exclusive: Russia prepares 10% cut to ‘non-sensitive’ spending in 2026, sources say
Russia plans a 10% cut to non-sensitive spending in 2026 pending oil price sustainability.
Kitchens across India ditch hot food due to cooking gas shortage
Kitchens in India are replacing hot food and drinks with fast food and lemon water amid a cooking gas shortage…
Austrian property tycoon Benko’s family trust files for insolvency
Benko family trust files for insolvency after $1 billion payment order to Mubadala companies.
Revolut gets full UK banking licence after years-long wait
Revolut has received a full UK banking licence, lifting restrictions and allowing it to offer current accounts.
Stocks dip, dollar edges up after US inflation; focus squarely on oil
Global shares declined and the dollar advanced after January U.S. inflation data; oil prices and geopolitical risks drew investor attention.
Iran’s new supreme leader ‘lightly injured’ but still active, Iranian official tells Reuters
Iran’s new Supreme Leader Mojtaba Khamenei was lightly injured but remains active, according to an Iranian official.
India arranging crude, LNG supplies from alternative sources, oil ministry official says
India is securing crude and LNG supplies from alternative sources with two LNG cargoes en route.
India says ready for ‘unprecedented demand for coal’ with adequate stock for 88 days
India has coal stocks adequate for 88 days, ready for any unprecedented demand.
Bundesbank will ditch landmark HQ due to rising renovation costs
Germany's Bundesbank will abandon its 1970s Frankfurt headquarters due to renovation cost increases.
Bank of England open to revising stablecoin rules, Breeden says
Bank of England open to other approaches for regulating systemic stablecoins but notes poor industry engagement.
Israel sees no certainty Iran’s government will fall despite war
Israeli officials see no certainty the war will topple Iran’s government.
India stocks, rupee, swaps, call at close
India’s benchmark BSE Sensex and NSE Nifty 50 closed lower amid Middle East war concerns. The rupee also weakened due…
Janus Henderson says Victory’s proposal not superior to Trian, General Catalyst deal
Janus Henderson's board found Victory Capital's buyout offer not superior to the Trian-General Catalyst agreement.
Foreign Hacker Compromised Epstein Files Held By FBI: Reuters
A foreign hacker accessed Epstein files after an FBI server was left vulnerable.
Ukrainian trainers will help German army get ready to defend against Russia by 2029, chief says
Ukrainian military trainers will support Germany in preparing its army to defend NATO by 2029, says German army chief.
Exclusive: Shell, TotalEnergies and others declare FM to their clients who take LNG from Qatar
Shell, TotalEnergies and others have declared force majeure to customers taking LNG from Qatar through them.
India to fast-track Chinese investments in more sectors, says official
India to permit Chinese investments in more sectors via fast-track approvals, says official
India GAIL buys Oman LNG cargo, sources say
Indian gas firm GAIL has purchased a liquefied natural gas cargo from Oman. This move is part of India’s effort…
Indian fintech firm Cred gets payment aggregator nod from central bank
Indian fintech firm Cred approved as payment aggregator by the central bank.
Market volatility can amplify shocks to euro zone economy, ECB’s VP warns
ECB Vice President Luis de Guindos says market volatility can increase shocks to euro zone economy.
Italy’s MPS, Mediobanca approve merger plans after boardroom crisis
Italian banks MPS and Mediobanca approved merger plans following boardroom tensions and a CEO vote.
