MUMBAI: The Indian rupee and government bonds face another tough week as the Iran war disrupts global energy supplies and weakens investor demand for emerging markets. The rupee hit a record low of 92.4750 last week, ​avoiding further losses mainl…

Sri Lankan shares closed lower on Monday for the fourth straight session, dragged by broad-based losses as markets stayed cautious amid the ongoing conflict in Middle East. The CSE All-Share index settled 3.47% lower at 20,939.26 points. Communica…

The United Arab Emirates’ daily oil output is down by more than half as the Iran conflict and the effective closure of the Strait of Hormuz forced state oil giant ADNOC to implement widespread production shut-ins, two sources told Reuters . The ha…

NEW DELHI: Iran has asked India to release three tankers seized in February as part of talks seeking the safe passage of Indian-flagged or India-bound vessels out of the Gulf via the Strait of Hormuz , three sources with knowledge of the matter to…

WASHINGTON: Donald Trump’s proposed meeting with Chinese President Xi Jinping is not at risk but could be delayed as the U.S. president remains focused on the Iran war, the White House said on Monday. Trump is due to travel to China from March 31 …

MUMBAI: Indian mills produced 26.18 million metric tons of sugar between October 1 and March 15, up 10.4% from the previous year, as higher output from the country’s top three producing states lifted production, a leading industry body said on Mon…

MUMBAI: Indian government debt weakened for a third day on Monday as oil prices stayed elevated, amplifying inflation worries and pressure on the rupee, while the Reserve Bank of India unnerved traders by holding back from more debt-buying. The be…

NEW DELHI: Indian state fuel retailers’ sale of liquefied petroleum gas (LPG) slowed in the first half of March, preliminary data showed, as the country reels from its worst LPG crisis in decades due to shipping disruption in the Strait of Hormuz …

BERLIN: The war in the Middle East started by US-Israeli strikes on Iran has “nothing to do with NATO” and is “not NATO’s war”, German Chancellor Friedrich Merz’s spokesman said Monday. US President Donald Trump on Sunday called for nations includ…

Pakistan has decided to expand the Roshan Digital Account (RDA) framework to allow foreign nationals, as well as foreign companies and institutional investors, to open Roshan Digital Accounts and invest in government securities as well as Naya Pak…