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The “Oracle of Omaha” warned of lingering fragility in the banking system while downplaying the significance of recent market swings.

As per The Economist’s estimates, around 16% of all seaborne global trade passes through the Bab al-Mandab Strait, compared to 6% through the Strait of Hormuz. This includes all trade, not just energy or fossil fuels.

This is Aurobindo Pharma’s first share buyback in nearly two years. Back in August 2024, the company had announced the repurchase of 51.36 lakh equity shares at a price of ₹1,460 apiece. The drugmaker had spent ₹750 crore for this…

In a bid to shield consumers from a sharp rise in fuel costs, OMCs have kept retail prices unchanged even as global crude prices moved past $100 per barrel.

Sensex Today | Stock Market LIVE Updates: For the Nifty, which recovered over 500 points from the lows last Thursday, will face a key challenge of reacting to macro developments, as well as some decent business updates from its lenders.

Japan’s Nikkei index increased 0.7% while shares in South Korea were up 2%. Markets in China and Hong Kong are shut for a public holiday.

The Nifty Bank index made an intraday low below the 50,000 mark last Thursday, before staging a rebound of over 1,600 points from lower levels to end with gains and above the mark of 51,000.

As part of the broader arrangement, Wipro will also acquire Mindsprint, which will become a wholly-owned subsidiary of the company. The transaction is expected to close by the end of Q1 FY27.

US President Donald Trump, in an expletive-laden post on Truth Social, announced that the US will strike Iran’s power plants and bridges and that Iran would be living in hell if the Strait of Hormuz is not opened before his…

After a weekend meeting, OPEC+ has warned that there will be a prolonged impact on oil supply even after the hostilities have ended. Members approved an increase in output quotas, even as exports from the Gulf remain restricted.