August 4, 2026

Business News

Business News news, latest updates, breaking stories, and in-depth coverage. Stay informed with real-time developments and insights.

Breaking News: India Removes 50% Cap on RoDTEP Scheme, Major Boost for Exporters and Global Trade Competitiveness

The Indian government has reversed its earlier decision to impose a 50% cap on the RoDTEP scheme, restoring full benefits to exporters and aiming to stabilize the export ecosystem and rebuild confidence in the face of global economic uncertainties and rising trade pressures.

Global Energy Crisis Looms as IEA Chief Warns of Devastating Oil Shock

The International Energy Agency's chief, Fatih Birol, has warned of a devastating oil shock that could be worse than the combined effects of the 1970s oil crises and the ongoing Ukraine war, as tensions between the US and Iran escalate and the threat of a major oil disruption hangs over the global economy.

Indian Stock Market Sees Over Rs 1 Lakh Crore Erosion in Top Firms’ Value

The Indian stock market saw a significant decline in market capitalization, with top firms losing over Rs 1 lakh crore in value, led by HDFC Bank, amid selling pressure and cautious investor sentiment, sparking concerns over the overall health of the Indian economy.

Fluor Corporation Expands Nuclear Energy Presence in Europe, Sparking Investor Interest

Fluor Corporation is expanding its nuclear energy projects in Europe, aiming to capitalize on the region's increasing demand for low-carbon energy sources and support the transition to a sustainable energy mix, sparking investor interest in the company.

Global Economies Feel the Pinch as Hormuz Tensions Escalate

The escalating tensions in the Middle East, particularly in the Strait of Hormuz, are having a significant impact on global economies, with countries facing rising energy costs, supply chain disruptions, and inflation, prompting governments to adopt austerity measures to mitigate the effects.

Global Markets Plunge as Iran Conflict Escalates, Dow and Nasdaq Teeter on Correction

The global financial markets are plummeting as the Iran conflict escalates, with the Dow and Nasdaq nearing correction territory, driven by fears of inflation and disruption to global trade, and investors are advised to remain cautious amidst the volatility.

Stock Market Closing Bell: Sensex rises 326 points, Nifty tops 23,100; IT, Metal and Pharma stocks lead rebound

The Indian stock market rebounded on Friday, with the Sensex rising 326 points to 74,532.96 and the Nifty topping 23,100, led by gains in IT, metal, and pharma stocks, as easing crude oil prices and value buying supported sentiment.

Bond Funds Demonstrate Resilience Amidst Market Fluctuations, Efama Report Reveals

The European Fund and Asset Management Association's (Efama) latest report highlights the ability of bond funds to withstand and recover from market shocks, providing a reassuring indicator for investors and underscoring the importance of bond funds in investment portfolios.

Europe’s Reinsurance Giants Achieve Record-Breaking Returns in 2025, According to Fitch Ratings

Europe's four largest reinsurers have posted a record average return on equity in 2025, despite a complex and challenging market environment, highlighting the sector's resilience and ability to thrive, according to a report by Fitch Ratings.

Federal Reserve Chairman Jerome Powell to Remain in Position Until Investigation Concludes

Federal Reserve Chairman Jerome Powell has announced he will stay on as head of the Fed until the investigation led by Jeanine Pirro is completed, ensuring stability and continuity in the nation's monetary policy amidst reports of President Donald Trump's attempts to influence the central bank.

Federal Reserve Chair Jerome Powell Sparks Uncertainty with Potential Delayed Departure from Central Bank

Federal Reserve Chair Jerome Powell's possible delayed departure has sparked uncertainty, with potential implications for US economic policies and a potentially contentious period with President Trump, amidst speculation about the future direction of the central bank's policies.