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Business, markets, economy, and corporate news from India and around the world.

36 stories
business

Centre Imposes Stock Limit of 4,000 Quintals on Sugar Dealers

The Indian government has directed that no sugar dealer should hold stock for more than 30 days and imposed a stock limit of 4,000 quintals as part of efforts to control prices. The order will come into effect from August 1, 2026, and remain in force until November 30, 2026.

Press Trust of India (PTI)DD News
about 2 hours ago1m2
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Strait of Hormuz crisis shifts LNG's biggest risk from supply to demand
The National (UAE)Euronews
world

Strait of Hormuz crisis shifts LNG's biggest risk from supply to demand

Across the supplied reports, Five months into the Strait of Hormuz crisis, the question still being asked is the obvious one: will the gas keep moving? It is not an idle question. When QatarEnergy declared force majeure in March, roughly one-fifth of the world's liquefied natural gas supply came off the market almost overnight. Last weekend brought the first sustained pause in hostilities in weeks, and oil promptly gave back much of its war premium. Yet the physical picture barely moved. The QatarEnergy-controlled Al Areesh Tehran warns it will target US vessels attempting to alter approved shipping corridors or maintain a naval blockade.

about 15 hours ago1m2
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business

CORPORATE RESISTANCE: How big food sues governments to keep unhealthy products on shelves

Across the supplied reports, Food manufacturers have filed more than 200 lawsuits against governments since 2010, to challenge public health measures that could affect their bottom line. All while Africa is now the most food insecure region in the world and, at the same time, eating cheap, nutrient-poor food continues to rise. Why food companies love labels like "organic" and "high protein," why our brains are misled by them — and how to avoid paying extra for marketing.

Daily Maverick (South Africa)NPR News
about 15 hours ago1m2
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UAE economy grows 3% in first quarter despite impact of regional war
Al Jazeera EnglishThe National (UAE)
business

UAE economy grows 3% in first quarter despite impact of regional war

Across the supplied reports, How has Israel’s economy defied the effects of war? The UAE's economy grew by 3 per cent on an annual basis in the first three months of 2026 to reach Dh485 billion ($132 billion), as the country's non-oil sector expanded. The UAE's non-oil gross domestic product grew by 4.8 per cent, raising its contribution to 79.4 per cent of the national economy , reflecting the continued strength of non-oil economic activities, the UAE government media office said on Tuesday, quoting data from the Federal Competitiveness and Statistics Centre. The quarter in

about 15 hours ago1m2
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25 US states sue Trump administration over ‘forced labour’ tariffs, claim move exceeds presidential authority
LiveMintEconomic TimesAl Jazeera English+1
business

25 US states sue Trump administration over ‘forced labour’ tariffs, claim move exceeds presidential authority

Across the supplied reports, As per the lawsuits, Trump and officials of his administration used Section 301 of the Trade Act of 1974 after his earlier tariffs were either struck down by the US Supreme Court or expired. 25 US states throw legal wrench at Trump's tariffs The states claim the new levies are a pretext to re-impose tariffs that were ruled illegal by the US Supreme Court. Twenty-five U.S. states, almost all led by Democrats, sued the Trump administration on Monday over its latest wide-ranging tariffs imposed on dozens of countries, including key tra...

about 15 hours ago1m4
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business

Emerging Markets Stay Under Pressure as Iran Impasse Lifts Oil

Across the supplied reports, Sources told Reuters that dwindling missile supplies could limit the US ability to respond to crises elsewhere Emerging-market stocks and currencies stayed under pressure as the lack of progress on US-Iran talks lifted oil prices back above $86 a barrel.

TASSBloomberg
about 15 hours ago1m2
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Latest Oil Market News and Analysis for Aug. 4
HaaretzBloomberg
business

Latest Oil Market News and Analysis for Aug. 4

Across the supplied reports, Trump said negotiations are underway, calling it Iran's 'last chance' for a deal, while Tehran has insisted no talks are planned and says discussions are limited to the Strait of Hormuz Oil erased gains after Qatar said that draft language on a potential US-Iran deal has begun circulating, while stressing that no direct talks between the two sides are currently planned.

about 15 hours ago1m2
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Pakistan and Iran reaffirm commitment to boost bilateral trade to $10bn
Geo NewsDawn
business

Pakistan and Iran reaffirm commitment to boost bilateral trade to $10bn

Pakistan's Commerce Minister Jam Kamal Khan and Iranian Minister Mohammad Atabak co-chaired the 10th Pakistan-Iran Joint Trade Committee meeting in Islamabad on August 4, 2026. The two countries expressed interest in expanding economic cooperation through Karachi and Gwadar ports. Iran hopes to conclude a free trade agreement with Pakistan soon. Jam Kamal Khan emphasized the importance of operationalizing joint border markets for improving livelihoods.

about 22 hours ago1m2
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Seoul Shares End Higher Amid Woes Over AI and Iran Crisis
Korea HeraldYonhap News
business

Seoul Shares End Higher Amid Woes Over AI and Iran Crisis

Seoul shares ended higher Tuesday as retail investors snapped up stocks following the previous session's over 5 percent plunge, while lingering uncertainty over artificial intelligence and the Middle East crisis capped gains despite overnight gains on Wall Street. The Korean won fell against the US dollar. After choppy trading, the benchmark Korea Composite Stock Price Index closed at 6,358.95, up 101.50 points, or 1.62 percent.

about 22 hours ago1m2
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25 US states sue Trump administration over sweeping new tariffs
BBC NewsFrance24
business

25 US states sue Trump administration over sweeping new tariffs

Across the supplied reports, The duties were imposed over claims that 60 US trading partners have failed to tackle forced labour. The coalition of 25 US states argues the president exceeded his legal authority by imposing broad tariffs on dozens of trading partners under the guise of combating forced labour. The group is asking a federal court to block the measures and order refunds for importers.

about 22 hours ago1m2
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Tankers Divert to Egypt as Houthi Threat Upends Red Sea Trade
Japan TimesBloomberg
business

Tankers Divert to Egypt as Houthi Threat Upends Red Sea Trade

Across the supplied reports, The Saudi export hub became crucial after the Iran war started, allowing the kingdom to bypass the Strait of Hormuz. Empty supertankers are heading to Egypt’s Mediterranean port of Sidi Kerir to collect Saudi crude as observable traffic at the kingdom’s key Red Sea export hub dwindles following threats from Houthi militants.

8 days ago1m2
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Seoul shares plummet over 10% on heavy tech selloff amid AI skepticism
Yonhap NewsKorea Herald
technology

Seoul shares plummet over 10% on heavy tech selloff amid AI skepticism

South Korean stocks crashed more than 10 percent on Tuesday as investors sold off tech shares due to doubts about large-scale investment in artificial intelligence infrastructure. The benchmark Korea Composite Stock Price Index lost 732.09 points, or 10.84 percent, to close at 6,023.66. This marked the lowest closing since April 14, when the index finished at 5,967.75.

8 days ago1m2
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Seoul shares open sharply lower on tech losses amid eased Mideast tensions
Korea HeraldYonhap News
business

Seoul shares open sharply lower on tech losses amid eased Mideast tensions

South Korean stocks opened sharply lower on Tuesday, with the benchmark Korea Composite Stock Price Index falling 6.41 percent to 6,322.80, as investors reacted to a selloff in chipmakers on Wall Street and eased Mideast tensions. The Korea Exchange activated a sell-side sidecar for the KOSPI for 20 minutes after the benchmark index fell more than 5 percent. Tech shares were dragged down by losses in chipmakers, with the KOSPI extending losses of 432.95 points. The selloff on Wall Street followed a decline in chipmaker stocks.

8 days ago1m2
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Banks' household mortgage lending rates rise to 2 yrs 7 months high in June
Korea HeraldYonhap News
business

Banks' household mortgage lending rates rise to 2 yrs 7 months high in June

Across the supplied reports, Banks' household mortgage loan rates rose for the second consecutive month to the highest point in two years and seven months in June on rising market interest, central bank data showed Tuesday. The average interest rate on new bank loans stood at 4.31 percent last month, up 0.12 percentage point from a month earlier, according to the data from the Bank of Korea. The average rate on corporate loans added 0.14 percentage point to 4.27 percent, while the rate on new household loans rose 0.04 perce SEOUL, July 28 (Yonhap) -- Banks' household mortgage loan rates rose for the sec...

8 days ago1m2
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Bisleri International Launches Multilingual Comic Book at Chinar Book Festival 2026
The WireHindustan TimesANI News
india

Bisleri International Launches Multilingual Comic Book at Chinar Book Festival 2026

At the Chinar Book Festival 2026 in Srinagar, Jammu and Kashmir, Bisleri International launched a multilingual comic book titled 'Chhota Bheem & Vidya , Big Green Mission', inspiring environmental responsibility among children. The event was attended by several dignitaries, including Dr. Amit Wanchoo and Shri Waseem Raja. The comic book is part of Bottles for Change, Bisleri International's initiative for plastic-waste recycling.

8 days ago1m3
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CATL-backed smart driving tech firm to kick off Hong Kong IPO this week: sources
BloombergSouth China Morning Post
business

CATL-backed smart driving tech firm to kick off Hong Kong IPO this week: sources

Across the supplied reports, DexForce Technology Co. is considering an initial public offering in Hong Kong, people familiar with the matter said, as the Chinese robot maker seeks to tap into investor enthusiasm for the sector. NASN Intelligent Tech, a mainland Chinese smart driving motion control technologies company, is seeking to kick off its initial public offering (IPO) in Hong Kong as soon as Thursday, according to people familiar with the matter. The company, backed by battery giant Contemporary Amperex Technology Ltd (CATL), recently passed its listing hearing, signalling it could kick off its book building anytime. Debuts are scheduled for August 7, the sources said, requesting not to be identified as the...

8 days ago1m2
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Musk's X adds banking in 'everything app' push
Economic TimesLe Monde (English)
business

Musk's X adds banking in 'everything app' push

Across the supplied reports, Musk's X adds banking in 'everything app' push The billionaire has said for years that he wants X to resemble China's WeChat, the single app for messaging, shopping and payments, which is a pillar of consumer spending in China.

8 days ago1m2
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"Core System Uncompromised": Bank Of Baroda After Dark Web Data Leak Report
NDTVGulf News
business

"Core System Uncompromised": Bank Of Baroda After Dark Web Data Leak Report

Across the supplied reports, Bank of Baroda has begun a forensic audit to assess the extent of the incident. Bank of Baroda data leak: What we know so far about alleged cyber breach

8 days ago1m2
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Oil prices sink nearly 7% and world shares gain as Chinese chipmaker CXMT soars in Shanghai debut
AP NewsDaily Sabah
business

Oil prices sink nearly 7% and world shares gain as Chinese chipmaker CXMT soars in Shanghai debut

Across the supplied reports, The screens show the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, July 27, 2026. (AP Photo/Lee Jin-man) 2026-07-27T05:35:07Z BANGKOK (AP) — World shares were mostly higher Monday and oil prices slipped nearly 7% as the U.S. and Iran refrained from fighting while discussing a possible resumption of negotiations on an interim ceasefire deal. Shares in Chinese memory chipmaker CXMT soared 466% as they began trading on Shanghai’s technology board. The company jumped to become China’s most valuable listed company with an estimated market capitalization of 3.3 trillion yuan (nearly $490 billion). The Pentagon did not respond to questions about the pause in attacks on Iranian coastal areas and infrastructure after nearly two weeks of esca

8 days ago1m2
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Marcos Needs State of the Nation to Revive Philippine Economy, Presidency
BloombergJapan Times
business

Marcos Needs State of the Nation to Revive Philippine Economy, Presidency

Across the supplied reports, A year ago, Philippines President Ferdinand Marcos Jr.’s annual address to Congress shocked the nation with revelations of billions of dollars of graft involving flood-control schemes. The disclosure triggered an economic slump as projects slowed and consumers and businesses cut spending. The public's trust in Philippine President Ferdinand Marcos Jr. is at a record low despite efforts to cushion consumers from the impact of the Iran war.

9 days ago1m2
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