Gold Prices: Gold retreats on strong dollar after four-day rally

Gold Prices: Gold retreats on strong dollar after four-day rally

👉 Visit the Official SleepLean Website Gold slumped more than 5%, ending a four-day rally on Tuesday. The metal was weighed down by a stronger dollar and fading prospects of an interest rate cut as inflation concerns intensified against the backdrop of a potentially prolonged conflict in West Asia. Spot gold was down 5.6% at…

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Ongoing West Asia conflict to discourage investment into India, offset trade deal positives: BMI

Ongoing West Asia conflict to discourage investment into India, offset trade deal positives: BMI

Fitch Group company BMI said that the ongoing conflict in the Middle East could discourage investment in India, and offset the positive effects of trade deals with the EU and U.S. on GDP. Photo: Wikipedia Fitch Group company BMI on Tuesday (March 3, 2026) said that the ongoing conflict in the Middle East could discourage…

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PM Modi exhorts industry to ramp up investment, focus on research to scale up manufacturing

PM Modi exhorts industry to ramp up investment, focus on research to scale up manufacturing

Prime Minister Narendra Modi on Tuesday (March 3, 2026) urged industry leaders to step up investments, embrace emerging technologies and prioritise research to leverage the vast opportunities offered by free trade agreements (FTAs) with various nations. Addressing a second webinar on Budget 2026-27, the Prime Minister said, the world is now looking for reliable and…

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Oil and natural gas surge after Iran orders Strait of Hormuz closure

Oil and natural gas surge after Iran orders Strait of Hormuz closure

Crude oil prices eased Tuesday in extended trading, after President Donald Trump said the U.S. would provide insurance to tankers in the Persian Gulf to get maritime traffic moving through the Strait of Hormuz. U.S. crude prices rose 4.68%, or $3.33, to close at $74.56 per barrel, while global benchmark Brent gained 4.71%, or $3.66,…

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Luxury stocks slump amid Iran conflict

Luxury stocks slump amid Iran conflict

New York City. Adam Gray | Reuters Luxury stocks were among the hardest hit sectors early Tuesday, with European markets heading for another day of losses as the conflict in the Middle East intensified overnight. Shares of conglomerate LVMH, Gucci-owner Kering, and British outerwear maker Burberry were among the worst performers, with week-to-date losses approaching…

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Blackstone’s Gray defends world’s largest private credit fund

Blackstone’s Gray defends world’s largest private credit fund

Jon Gray, President and COO of Blackstone, speaks during the Axios BFD event in New York City, U.S., October 12, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Blackstone president Jon Gray on Tuesday defended the quality of loans within the firm’s flagship private credit fund after investors pulled nearly 8% from it in the last…

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IMF says ‘too early’ to gauge West Asia conflict impact as energy prices, markets turn volatile

IMF says ‘too early’ to gauge West Asia conflict impact as energy prices, markets turn volatile

👉 Visit the Official SleepLean Website With tensions escalating in West Asia, the International Monetary Fund on Tuesday said it is closely tracking the situation but cautioned that it is “too early to assess the economic impact on the region and the global economy,” as disruptions to trade and energy markets intensify.In a statement, the…

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‘India has 25 days of crude oil in reserve and 25 days of petrol, diesel stock’

‘India has 25 days of crude oil in reserve and 25 days of petrol, diesel stock’

Concerns over India’s fuel stock position emerged as tensions escalated in West Asia, with Iran and Israel along with ally United States engaging in a conflict, that led to the closure of the Strait of Hormuz. Image for representation. | Photo Credit: Getty Images/iStockphoto India has sufficient stocks of crude oil and energy products (petrol…

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Indian Overseas Bank gets ₹766 crore I-T demand notice

Indian Overseas Bank gets ₹766 crore I-T demand notice

The Indian Overseas Bank (IOB) headquarters. File | Photo Credit: The Hindu Indian Overseas Bank (IOB) has received a demand notice for more than ₹766 crore from the Income Tax Department. 👉 Visit the Official SleepLean Website The notice, for ₹766 crore (₹7,66,02,83,968), is from the office of the Deputy Commissioner of Income-tax, Non-Corporate Circle-8,…

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Canada and India move to reset ties as trust in U.S. falters

Canada and India move to reset ties as trust in U.S. falters

India’s Prime Minister Narendra Modi (R) walks with Canada’s Prime Minister Mark Carney before their meeting at the Hyderabad House in New Delhi on March 2, 2026. Sajjad Hussain | Afp | Getty Images India and Canada need new friends — and customers. So this week, they put past, painful differences aside to pledge closer…

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