May 10, 2026

Delhi govt to present industry-friendly budget, focus on growth, job creation: CM Rekha Gupta | India News

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NEW DELHI: Delhi government’s annual Budget for 2026-27 will focus on industrial growth, investment and job creation, chief minister Rekha Gupta said on Wednesday.Interacting with industrialists, Gupta said that her government is preparing an industry-friendly Budget and sought their suggestions on it.Entrepreneurs from various industrial sectors attended the meeting and shared their demands, suggestions, and…

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Investors need to brace for higher-for-longer interest rates after Middle East conflict shocks oil market

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Since the Iran war began, the market narrative has been simple: the oil spike, inflationary impulse and wider market volatility will be temporary and die down once the conflict halts, allowing central banks to grease the economy and markets with easy money, as they have consistently done post-2008. But there is a counter view that…

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US eases Venezuela oil sanctions amid Iran war; Trump administration moves to boost global supply

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The United States has eased sanctions on Venezuela’s state-owned oil sector, allowing American companies to resume limited business with Petróleos de Venezuela S.A. (PDVSA), as the Donald Trump administration seeks to expand global oil supplies during the ongoing Iran conflict, AP reported.The US Treasury Department on Wednesday issued a broad licence permitting PDVSA to sell…

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PM Modi talks to Kuwait’s Crown Prince; reiterates India’s stand on regional peace | India News

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NEW DELHI: Prime Minister Narendra Modi on Wednesday held a telephonic exchange with Crown Prince of Kuwait Sheikh Al-Khaled and conveyed his greetings on Eid.During the conversation, PM Modi also condemned the attacks on Kuwait amid the ongoing conflict between joint forces of the US & Israel and Iran. Watch ‘Hormuz Remains Our Foremost Priority’:…

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