Fragile footing: How India, China face sizeable economic damage prospects from US-Iran war; outlook has grown more daunting

Asia-Pacific economies entered 2026 on a fragile footing. (AI image) Asia-Pacific economies have entered 2026 on a fragile footing, and the US-Israel-Iran war has exacerbated the risks to GDP growth for economies like China, India, and other major countries in the region, says Moody’s Analytics in its latest report.The global economy has been undergoing a…

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Rupee Hits Record Low: Rupee nears 94-mark vs USD: Middle East tensions drag currency to new low, what’s next?

The ongoing crisis in the Middle East continues to rattle financial markets worldwide, sending shockwaves to oil baskets, stock markets and currencies. Rupee is no stranger to the impact! Over the past one year, the currency has continuously slipped to its record lows, first hitting 90 and then eventually beyond the 93 per US dollar…

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Hormuz blocked, Yanbu rises: Saudi’s inland pipeline keeps oil flowing

The Middle East conflict continues to squeeze global energy supplies as the war drags on, sending ripples of concern across markets worldwide. Against this uncertain backdrop, Saudi Arabia, appears long prepared for a worst-case scenario like this. The kingdom has effectively pressed the “contingency plan” button after the Strait of Hormuz was disrupted following US…

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PM Modi on Middle East war; lists key steps taken on oil & LPG – warns of lasting fallout

“The West Asia war set unprecedented challenges for India too,” he said. Prime Minister Narendra Modi on Monday described the situation in the Middle East as “worrisome,” noting that it is significantly affecting the global economy as well as people’s livelihoods. “The West Asia war set unprecedented challenges for India too. The West Asia conflict…

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LPG crisis: Argentina emerges as key alternative supplier; shipments more than double in just first three months of 2026

During the first three months of 2026, Argentina exported 50,000 tonnes of LPG to India. (AI image) LPG crisis: India’s imports of LPG from Argentina have more than doubled in the first few months of 2026 as the ongoing conflict in the Middle East continues to disrupt supplies of liquified petroleum gas for India. India…

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Gold price prediction today: Why are gold prices crashing? Key levels to watch out for March 23, 2026 week

The immediate resistance is seen near Rs 142,000-145,000, which aligns with the middle Bollinger Band and prior support zone. (AI image) Gold price prediction today: Gold is seeing intense selling pressure and this is likely to continue this week amid global tensions, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold…

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‘Crisis worse than two 1970s oil shocks put together’: IEA chief’s big warning on Strait of Hormuz

The ongoing war in the Middle East has triggered an energy crisis for the world and “no country is immune” to its shockwaves, the International Energy Agency (IEA) warned on Monday. Addressing the National Press Club in Australia’s capital, Birol said the current situation has evolved into an unprecedented disruption, combining multiple shocks to oil…

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Stock market crash today (March 23, 2026): Nifty50 opens below 23,000; BSE Sensex down over 1,300 points on oil prices, US-Iran war

Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex plunged in opening trade on Monday with oil prices continuing to remain Hugh amid the ongoing US-Iran war. While Nifty50 went below 23,000, BSE Sensex dropped over 1,300 points. At 9:17 AM, Nifty50 was trading at 22,698.55, down 416 points or 1.80%….

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