اقتصاد

Hair oil, ACs, soaps become costlier: How FMCG firms are dealing with Iran supply blow

Indian consumer goods firms are grappling with soaring input costs, driven by the Middle East conflict. Companies are now tracking expenses daily and frequently adjusting prices, impacting long-term strategies. Executives fear higher prices could dampen consumer spending, which had recently shown signs of recovery. This volatility is forcing immediate, short-term decisions across various product categories.

India’s Shapoorji Gets Nod to Delay Bond Days Before Maturity

Indian infrastructure conglomerate Shapoorji Pallonji Group has secured creditor approval to delay payment on one of the nation’s biggest high-yield bonds, just days ahead of the April 30 maturity, according to people familiar with the matter.

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different viewGet our breaking news email, free app or daily news podcastAustralian households were already on edge before the bombs started falling in Iran.The cost of living was high and inflation was accelerating again, forcing the Reserve Bank to start ratcheting up interest rates. Continue reading...

कंधा पकड़कर गए बाहर… फिर कैसे मिला कन्कशन सब्स्टीट्यूट? IPL में बड़ा ‘गड़बड़झाला’

IPL

EU finally approves €90bn Ukraine loan – how will it aid the fight against Russia?

NewsWorldEuropeEU finally approves €90bn Ukraine loan – how will it aid the fight against Russia?The loan is set to cover two-thirds of Ukraine's needs for the next two yearsAndrew Gray Friday 24 April 2026 09:04 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2964144...

NIO President on Profitability, Iran War and Price War

In an exclusive interview, NIO Co-Founder and President Lihong Qin speaks with Bloomberg about the company's profitability outlook. He also discusses the ongoing EV price war, the Iran war's impact, and China's broader EV landscape. (Source: Bloomberg)

Infosys grants Rs 51.75 crore ESOPs to CEO, employees still await pay hike

Infosys grants Rs crore ESOPs to CEO employees still await pay hike

Carmignac Says Equity Market Could Unwind on Macro Risks

Obe Ejikeme, global equities fund manager at Carmignac, discusses cyclicals and the sentiment-driven rally of the past few months. "If you get this big disconnect between what the market is doing, or what the underlying potential macro risks are, then I think the chance of seeing an equity market unwind, or at least a reversal of some of these riskier trades, is quite high," he tells Bloomberg Television. (Source: Bloomberg)

Nike to lay off 1,400, majority cuts in tech team; COO says 'not a new direction'

Nike is laying off 1400 employees globally, primarily in its technology division, as part of its 'Win Now' plan to streamline operations and ensure long-term growth. The company is modernizing its technology, manufacturing, and supply chain, consolidating key hubs and improving integration. Affected employees will receive direct communication and support.

Pakistan completes repayment of $3.45 billion to UAE

Pakistan’s central bank on Friday said it repaid $1 billion to the UAE, completing the repayment of $3.45 billion as agreed between the two countries.The State Bank of Pakistan said in a statement on social media platform X that the South Asian country repaid $2.45 billion to the UAE last week.“State Bank of Pakistan repaid a deposit of $1 billion to Abu Dhabi Fund for Development (ADFD), UAE, on April 23, 2026. Deposits of $2.45 billion were repaid last week. This completes the repayment of tot...

El Salvador boosts security, draws investors with tech push

Once labeled the world’s homicide capital, El Salvador now emerges as the safest in the Americas after sweeping crackdowns dismantled gang control and...

Explained: How Rs 5 lakh PF withdrawal after 3 years could cost you Rs 1.5 lakh

Explained How Rs lakh PF withdrawal after years could cost you Rs lakh

Stock market crash: Why have Sensex, Nifty dropped over 1% in trade today? Top reasons

Technology stocks bore the brunt of the selling. Shares of Infosys, HCLTech, Tech Mahindra and Tata Consultancy Services fell between 2 per cent and 4 per cent after Infosys’ fourth-quarter results failed to meet market expectations.

Update as 6 airlines cancel UK flights amidst fuel shortage - list

It comes after the EU has issued a warning that passengers face a 'very serious crisis'

Suzuki marks 20 years in India, crosses 10 million production milestone

Suzuki marks years in India crosses million production milestone

Iran War to Keep Gas Market Tight for Two More Years, IEA Says

The global natural gas market is set to remain tight well beyond this year, as the ongoing conflict in the Middle East and damage to regional infrastructure continue to disrupt supply, according to the International Energy Agency.

London renters lose out as homeowners win race for more space in 'harshly unequal city'

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Al Kishi: Don’t Be Alarmed By Currency Swap Discussions

The UAE & US have discussed a currency swap line as a financial backstop due to the impact of the war. But Deutsche Bank’s MEA CEO says despite the uncertainty, the banking environment across the Gulf remains resilient. Jamal Al Kishi spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on activity in the region. (Source: Bloomberg)

Up or down? War scrambles financial market signals

The traditional global asset correlations that collapsed when the war in the Middle East erupted remain broken, leaving investors to piece together strategies to trade the road to resolution with a faulty instrument panel. Record highs for Wall Street stocks belie concerns about fraught geopolitics, how long energy supplies might be disrupted for and long-term economic damage. BMO chief FX strategist Mark McCormick reckons the next three to six months will not resemble the “pre-conflict normal”....

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