Ankush Verma
A graphic shows how geopolitical events have affected oil prices since the year 2000. Price of a barrel hit around $40 when US invaded Iraq in 2003 and went on to hit around $140 during global financial crisis in 2008. When COVID-19 hit the world, oil barrel prices hit a low of $20.
Apr 12th, 2026

Medhaa Gupta
US President Donald Trump said he's directed the Navy to "seek and interdict" every vessel that paid a toll to Iran to cross Strait of Hormuz. "No one who pays an illegal toll will have safe passage on the high seas," he added. He also stated the Navy will begin blocking any ship trying to enter or leave the strait.
Apr 12th, 2026

Medhaa Gupta
US President Donald Trump said he will impose a 50% tariff on China if he "catches them" giving weapons to Iran amid the West Asia war, calling it a "staggering amount". This comes ahead of Trump's planned visit to Beijing in May. Notably, China has denied providing satellite imagery and semiconductor chip manufacturing equipment to Iran amid the war.
Apr 12th, 2026

Garima Garg
Iran aims to restore 70-80% of its damaged refining and fuel distribution facilities within one to two months, Reuters reported. Part of the Lavan oil refinery, which was attacked after the US-Iran ceasefire on April 8, is expected to restart within 10 days, Iran's Deputy Oil Minister Mohammad Sadeq Azimifar said. Major Iranian energy sites were attacked during the war.
Apr 12th, 2026

Medhaa Gupta
Digital gold is a method to purchase, sell and hold physical gold electronically without the buyer keeping it physically. Gold ETFs are traded in a similar manner to equities, with 1 unit signifying a specific amount of gold. While digital gold can be bought/sold anytime and isn't regulated under SEBI, gold ETFs are bound by trading hours and are regulated.
Apr 12th, 2026

Pravel Jain
The combined market valuation of eight of India's top 10 most valued firms surged by ₹4,13,003.23 crore last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers. Last week, the Sensex jumped 4,230.7 points or 5.77%, and the NSE Nifty surged 1,337.5 points or 5.88%. HDFC Bank and ICICI Bank added ₹91,282.67 crore and ₹76,036.36 crore, respectively.
Apr 12th, 2026

Shalini ojha
Several women officers went undercover and worked at TCS' BPO office in Nashik to expose the sexual harassment and conversion case. "These female police personnel used to track whether the accused were engaging in misconduct during meetings or at workstations of their female colleagues," police said. The feedback from undercover officers corroborated the allegations against the accused.
Apr 12th, 2026

Pravel Jain
India’s patent filings hit a record high of over 1.43 lakh in FY 2025-26, marking a 30.2% rise from the previous year, Union Commerce and Industry Minister Piyush Goyal said. Data shared by him showed total applications rose to 1,43,729 in FY 2025-26 from 1,10,375 in FY 2024-25. "India's innovation engine is unstoppable!" Goyal said.
Apr 12th, 2026

Anushka Singh
Japan's industry ministry on Saturday approved an additional 631.5 billion yen (about $4 billion) for domestic chipmaker Rapidus, taking its total assistance to $14.78 billion. The aid is part of Japan's efforts to boost domestic semiconductor development and strengthen supply chains. The ministry further announced support for semiconductor-design projects by Fujitsu and IBM Japan.
Apr 12th, 2026

Anushka Singh
A US judge has blocked Arizona's criminal proceedings against prediction market platform Kalshi. The country's Commodity Futures Trading Commission said the court granted its request for temporarily restraining states from regulating the industry. Arizona's attorney general accused the platform of operating an illegal gambling business in the state and allowing people to place bets on elections.
Apr 12th, 2026

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