Oil Prices Rebound as Ceasefire Uncertainty Spreads Across Middle East
A fragile two-week ceasefire in the Middle East is showing signs of cracking, with oil and gas prices rising on
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June 3, 2026
Business News
Business News news, latest updates, breaking stories, and in-depth coverage. Stay informed with real-time developments and insights.
India to Halt New Refrigerant Gas Production Clearances from 2027, Says Centre
In a significant development, the Indian government has announced that it will no longer grant new clearances for the production
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Delta Expects Strong Profit Despite Higher Fuel Costs and Global Uncertainty
In a positive development for the aviation industry, Delta has announced that it expects to post a strong profit despite
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UK Gets Largest Solar Farm Approval Amid Renewable Energy Push
** “The UK government has approved the Springwell solar farm, set to become the country’s largest solar power facility, aiming to power 220,000 homes and support national renewable energy goals. The massive project will cover an area of 4,000 acres, creating hundreds of jobs and stimulating economic growth in the region.”
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Paramount President Steps Down Amid Ongoing Legal Dispute
In a surprise move, Jeff Shell, the current president of Paramount Pictures, has announced his departure from the role. This
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US Stocks Experience Historic Rally as US-Iran Tensions Ease, Dow Jumps Over 1,200 Points
In a dramatic turn of events, the US stock market witnessed a significant surge on Wednesday, with the Dow Jones
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SRM Institute of Science and Technology Forges Partnership with Ather Energy to Advance Electric Vehicle Research
In a significant development, SRM Institute of Science and Technology has signed a memorandum of understanding with Ather Energy, a
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Market Volatility Ebbs as Sensex Surges 2,950 Points, Nifty Hits 24,000
The Indian stock market rebounded strongly, with the Sensex surging 2,800 points and the Nifty hitting 24,000, driven by easing global tensions, a ceasefire between the US and Iran, and a sharp drop in crude oil prices, adding Rs 15 lakh crore to the Indian market capitalization.
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RBI Maintains Repository Rate at 5.25%, Signals Wait-and-See Approach
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to keep the repository rate, also known as
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Oil Prices Plummet as Trump Delays Iran Threats, Boosting US Stock Futures
In a significant development, oil prices have plummeted while US stock futures have surged after President Donald Trump decided to
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Global Markets Experience Volatility as Trump’s Iran Deadline Looms Large
As the deadline imposed by US President Donald Trump for a potential deal with Iran approaches, global markets are experiencing
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SpaceX Aims to Soar Past $2 Trillion Valuation with Massive IPO and Retail Investor Event
** SpaceX, the innovative tech conglomerate led by Elon Musk, is gearing up for a historic IPO with a market value of $2 trillion. The company plans to host a pivotal summer event in June targeting 1,500 retail investors, showcasing its cutting-edge technologies and potentially securing a record-breaking $75 billion in investment. With a valuation of $2 trillion, SpaceX’s IPO would shatter current records, surpassing even the largest and most successful tech companies of our time.
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Middle East Conflict Escalates: Far-Reaching Financial Impacts on Global Consumers
The ongoing conflict in the Middle East is having a ripple effect on the global economy, leading to increased costs for essential commodities. Crude oil prices have reached a six-year high, contributing to an expected surge in petrol costs, while household energy bills and food prices are also under pressure. As the situation continues to unfold, policymakers and industry leaders must work together to mitigate the impact on consumers and protect vulnerable households.
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US-Iran Tensions Rise as Oil Prices Oscillate Amid Uncertainty Over Hormuz Strait Deadline
As the world awaits a key deadline in the ongoing US-Iran nuclear deal talks, oil prices have experienced significant fluctuations
Read MoreOil Prices See Volatile Response to Trump’s Iran Ceasefire Threats
A dramatic surge in oil prices was seen yesterday, following a threat made by US President Donald Trump to Iran.
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Gas Supply Chain Remains Stable Despite Rising Demand
In a statement released earlier today, the Department of Civil Supplies has reported no concerns regarding the adequacy of liquefied
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US Stock Futures Rise Amid Hopes for Middle East Cease-Fire and Higher Oil Prices
A new week of trading has begun on a positive note, with US stock futures edging higher after a winning
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India’s Central Bank Faces Inflation Pressures Ahead of Rate Decision
The Reserve Bank of India is set to make a crucial decision on the repo rate amidst rising inflation risks,
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Pepsi Ends Sponsorship of London’s Wireless Festival Amid Ye’s Headlining Slot
UK Prime Minister Keir Starmer recently expressed deep concern over Ye’s scheduled performance at the Wireless Festival in London, citing
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Former Co-op CEO Receives Nearly £2m in Compensation Before Abrupt Departure
The former Chief Executive of the Co-op, Shirine Khoury-Haq, collected a total annual pay package of £1.9m in 2025, just
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