March 5, 2026

Middle East conflict poses near-term challenges to Indian economy: RBI MPC member

Middle East conflict poses near-term challenges to Indian economy: RBI MPC member

Synopsis Middle East conflict presents short-term challenges for India’s economy, including oil price hikes and export disruptions, but is unlikely to derail long-term growth. An RBI panel member highlighted the need for coordinated fiscal and monetary policies to achieve an 8% GDP growth trajectory, supported by manufacturing and services. Inflation remains benign, offering a ‘Goldilocks’ […]

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China tells top refiners to suspend diesel and gasoline exports

China tells top refiners to suspend diesel and gasoline exports

China’s government has told the country’s largest oil refiners to suspend exports of diesel and gasoline as an escalating conflict in the Persian Gulf disrupts the arrival of crude from one of the world’s largest producing regions. Officials from the National Development and Reform Commission, the country’s top economic planner, met refinery executives and verbally

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Market Rebound: Sensex jumps 480 points, Nifty 50 nears 24650; Rupee against dollar gains

Market Rebound: Sensex jumps 480 points, Nifty 50 nears 24650; Rupee against dollar gains

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US-Israel-Iran conflict: Donald Trump to continue Iran strikes as war powers bill fails; Tehran death toll surpasses 1000

US-Israel-Iran conflict: Donald Trump to continue Iran strikes as war powers bill fails; Tehran death toll surpasses 1000

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Canadian Dollar jumps above 1.3600 on rising crude oil prices

Canadian Dollar jumps above 1.3600 on rising crude oil prices

The USD/CAD pair loses ground to near 1.3630 during the early Asian session on Thursday. The Canadian Dollar (CAD) gathers strength against the Greenback amid a jump in oil prices. Traders will take more cues from the US weekly Initial Jobless Claims reports later on Thursday.  The escalating US-Iran conflict and potential supply disruptions in the Strait of

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WTI holds gains near $75.00 as supply disruptions persist through the Strait of Hormuz

WTI holds gains near $75.00 as supply disruptions persist through the Strait of Hormuz

West Texas Intermediate (WTI) Oil price remains stronger for the third successive session, trading around $74.80 per barrel during the Asian hours on Thursday. Crude Oil prices climb as supply disruptions persist amid ongoing Middle East war. United States (US) and Israeli strikes on Iran have escalated regional tensions, prompting Iranian retaliatory attacks on energy

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