DDIndia Business: Economic Headlines & Updates

Business

March 30, 2026 1:43 PM

Aluminium prices surge after Iran-linked strikes hit gulf smelters

Aluminium prices on the London Metal Exchange jumped six percent on Monday, nearing four-year highs after Iranian-linked strikes damaged key Gulf production facilities over the weekend, raising fears of supply disruptions from one of the world’s mo...

March 30, 2026 12:33 PM

Piyush Goyal flags concerns over industrial fishing subsidies at WTO, backs small fishers

Union Commerce and Industry Minister Piyush Goyal on Sunday highlighted that the global challenge of overcapacity and overfishing is primarily driven by heavily subsidised industrial fleets, and not by small-scale fishermen in India and other develop...

March 30, 2026 10:09 AM

Piyush Goyal holds key bilateral meetings at WTO Ministerial Conference, pushes trade agreements and global cooperation

Union Commerce and Industry Minister Piyush Goyal on Sunday held a series of high-level bilateral meetings with counterparts from Canada, the United Kingdom, New Zealand and the European Union on the sidelines of the 14th Ministerial Conference of th...

March 27, 2026 11:25 AM

Trump officials tout US energy dominance as global oil execs warn of supply crisis

U.S. officials this week said the historic spike in fuel prices during the war in Iran will be short-term and trumpeted record U.S. production at an industry conference where oil executives and government officials from Asia, the Middle East and Euro...

March 20, 2026 12:15 PM

India invites global bids for rare earth magnet manufacturing units

The Ministry of Heavy Industries has invited global bids for setting up integrated manufacturing facilities for sintered rare earth permanent magnets (REPM) under a government scheme aimed at boosting domestic production. According to an official st...

March 20, 2026 11:36 AM

Global oil prices fall up to 3% as US signals possible easing of Iran sanctions

Global oil prices declined on Friday after the United States signalled a potential easing of sanctions on Iranian crude, amid efforts to stabilise supplies and ensure smooth shipping through the Strait of Hormuz. Brent Crude futures fell as much as ...

March 20, 2026 10:18 AM

Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says

Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs ...

March 12, 2026 9:41 AM

Benchmark indices fall at open as crude oil climbs past $100 per barrel

Indian stock markets opened lower on Thursday as escalating tensions in West Asia and a sharp rise in crude oil prices weighed on investor sentiment. The benchmark indices came under pressure following reports that Iran’s Navy Chief warned vessels...

March 12, 2026 9:33 AM

Global shares skid, oil surges above $100 a barrel as Iran attacks Gulf shipping

Shares in Asia fell broadly on Thursday, as oil prices leapt 9% to above $100 a barrel on reports of more ships hit in Gulf waters and the closure of oil terminals - a jump that promises to fuel inflation and push borrowing costs higher worldwide. I...

March 11, 2026 3:56 PM

Oil shrugs potential IEA reserves release, gains on supply worries

Oil prices rebounded on Wednesday as markets doubted whether the International Energy Agency's reported plan for a record release of oil reserves could offset potential supply shocks from the U.S.-Israeli conflict with Iran. Brent futures ...