Strait of Hormuz blockade: India, China’s alternate oil supply cushion fades as Russian crude on water runs low

[ad_1] India faces greater exposure. It depends heavily on the Gulf region not just for crude oil but also for liquefied petroleum gas. (AI image) India and China, among the largest economies in Asia, are staring at a supply crunch for their energy needs as the Middle East conflict drags on. Asia’s biggest crude importers…

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Moody’s cuts India FY27 growth forecast to 6%, cites energy shocks and weaker consumption

[ad_1] Moody’s Ratings has lowered India’s FY27 growth forecast to 6%, down from an earlier estimate of 6.8%, citing weaker consumer demand and slower industrial performance amid rising energy and input costs linked to the West Asia conflict.For FY26, the agency expects India’s GDP growth to be 7.6%, according to official estimates, as reported by…

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US stocks today: Wall Street inches higher as markets eye ceasefire deadline; Dow jumps 300 points, S&P 500 remains flat

[ad_1] US stocks moved higher on Tuesday, as investors remained optimistic over a possible extension of the US-Iran ceasefire. Markets showed early strength, with the Dow Jones Industrial Average rising 0.56% or 279 points to 49,721.56 around 8 pm IST. The S&P 500 inched up 0.2% to 7,129, while the Nasdaq Composite gained 96 points…

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Absolutely no shortage! IOCL assures sufficient supply of petrol, diesel amid Middle East crisis

[ad_1] Indian Oil Corporation Limited (IOCL) on Tuesday assured that supplies of petrol and diesel remain stable in the country despite ongoing supplies triggered by the Middle East conflict. Speaking at a press conference, Ashutosh Gupta, Executive Director and State Head, IOCL Punjab State Office, said the company currently holds sufficient reserves across Punjab, Himachal…

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Oil Prices: Oil prices today: Crude falls as upcoming US-Iran talks offsets supply disruption fears

[ad_1] Oil prices declined on Tuesday, reversing sharp gains from the previous session, as expectations of imminent US-Iran peace talks eased concerns over prolonged supply disruptions from the Middle East.Brent crude futures fell 95 cents, or 1%, to $94.53 per barrel, while US West Texas Intermediate (WTI) crude for May dropped $1.54, or 1.72%, to…

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Sensex rises over 650 points up; Nifty above 24,500 on hopes of US-Iran peace talks, drop in crude oil prices

[ad_1] “Indian equity markets are expected to open on a mildly positive note on Tuesday (21st April 2026), supported by stable global cues and a firm trend in GIFT Nifty. GIFT Nifty is currently trading around 24,388, up by 50 points, indicating a positive start for domestic benchmark indices. Early trends also suggest a steady…

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Top stocks to buy today: Stock market recommendations for April 21, 2026 – check list

[ad_1] Top stocks to buy (AI image) Stock market recommendations: Grasim, State Bank of India (SBI), and Navin Fluorine International Limited have been picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan as the top stock recommendations on April 21, 2026. He shares target and stop loss levels:Grasim: Buy in the range between…

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Gadkari urges shift to 100% ethanol blending, flags energy security and import risks

[ad_1] Road transport and highways minister Nitin Gadkari India should aim for 100 per cent ethanol blending in the near future to strengthen energy self-reliance, road transport and highways minister Nitin Gadkari said on Tuesday. He said that vulnerabilities in oil supplies due to the ongoing crisis in West Asia have made it essential for…

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