Delhi markets fall silent after Red Fort blast: Footfall drops drastically in Sadar Bazaar, Chandni Chowk; buyers move online

Footfall drops in popular Delhi markets Central Delhi’s bustling wholesale and retail markets have fallen unusually quiet following Monday’s explosion near the Red Fort, which killed 13 people and injured several others. Many outstation buyers, wary of security concerns, are now opting for online shopping instead of travelling to the capital. Trading activity has been…

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Why Kharg Island remains a red line in the US–Israel war on Iran

Iran has reportedly continued exporting oil through its Kharg Island despite the ongoing war with the United States and Israel, while Washington considers seizing the strategic facility.According to TankerTrackers.com, cited by Bloomberg, oil shipments have continued from the island, which remains a key export hub for Iran. Axios reported on March 7 that the US…

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Asian stocks today: Markets mostly rise ahead of US tariff ruling; Nikkei adds over 600 points, HSI flat

Asian markets climbed on Friday, as traders prepared for key US jobs figures and a potential Supreme Court decision on former President Donald Trump’s global tariffs.Japan’s Nikkei gained over 641 points or 1.26% to 51,758 around 9:45 AM IST. Kospi also traded in green, rising 28 points to reach 4,580. Shenzhen and Shanghai also managed…

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Beyond oil: How US-Iran war & Middle East crisis may hit India’s economy – sector-wise impact explained

Petroleum is the most immediate area of exposure. In 2025, India sourced roughly $70 billion crude oil and petroleum products from West Asia. (AI image) Beyond oil, the Middle East crisis has other implications for the Indian economy, especially if the US-Israel-Iran war continues for a long duration leading to major supply disruptions. In recent…

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Indian banks set for stronger footing: Fitch flags regulatory reforms, reduced risks; growth opportunities remain robust

Indian banks are likely to benefit from enhanced regulatory oversight by the Reserve Bank of India (RBI) and a more robust supervisory toolkit, which should lower systemic risks and improve the sector’s operating environment, global rating agency Fitch said in a report.Fitch noted that these regulatory shifts, combined with strong economic growth prospects and reduced…

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