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First time in 7 yrs! India gets 4m barrels of crude from Iran just ahead of Trump waiver expiry
The very large crude carrier Jaya, fully loaded with Iranian oil, is currently unloading its cargo at Paradip on India’s eastern coast. India is looking to quickly secure supplies ahead of a deadline set by the Donald Trump administration that expires over the weekend.
Hedge Fund Leverage Powered by a Few Key Banks Sparks Concerns
The growing dominance of a handful of banks supplying billions of dollars to help juice bets at hedge funds and proprietary trading firms is sparking new financial stability risks, ratings agency S&P Global Inc. warned.
Russian navy ship spotted near British coast 'is trying to prevent UK special forces seizing Moscow-linked oil tankers'
Russian navy ship spotted near British coast 'is trying to prevent UK special forces seizing Moscow-linked oil tankers'Get your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE By ELIZABETH HAIGH, SENIOR NEWS REPORTER Published: 11:46, 15 April 2026 | Updated: 11:48, 15 April 2026 e-mail View comments
UK’s largest housebuilder to buy less land, in blow to Labour’s homes target
Barratt Redrow blames effects of Iran war, and likely impact on mortgage rates and costs, for further reductionBritain’s largest housebuilder is planning to dramatically cut back on buying new land, blaming the impact of the conflict in the Middle East and putting Labour’s ambitious housebuilding target under more pressure.Barratt Redrow said that it intends to approve between 7,000 and 9,000 plots of land for purchase in its current financial year, far lower than previous guidance of between 10...
New UAE tax law changes come into effect, fines slashed
New provisions on administrative penalties imposed for violations of tax laws in the UAE have come into effect.The Federal Tax Authority (FTA) announced that Cabinet Decision No. 129 of 2025 amending certain provisions of Cabinet Decision No. 40 of 2017 had entered into force on April 14. The decision aims to support taxable persons, ease the burden on them, and assist them in meeting their obligations and regularising their positions where any tax errors or violations exist.UAE tightens tax pro...
Will monsoon worries and inflation pressure derail market momentum?
Will monsoon worries and inflation pressure derail market momentum
ये 4 कारण... शेयर बाजार में मचा धमाल, निवेशकों ने छापे ₹9 लाख करोड़
Trump’s push to cut interest rates has echoes of ‘banana republic’, says Yellen
Former US Fed chair says lowering rates to reduce debt service cost can lead to inflation getting out of controlBusiness live – latest updatesThe former US Federal Reserve chair Janet Yellen has attacked Donald Trump’s push for lower interest rates, comparing it to the actions of a “banana republic”.The US president has repeatedly urged the central bank to slash interest rates, in the hope of cutting the government’s borrowing costs on its $39tn (£29tn) debt. Continue reading...
Died in 1994 or 2013? Bihar insurance mystery reaches apex consumer body, ends in Rs 50 lakh payout
The insurer claimed Sushil Kumar Singh had actually died years ago, and the entire policy was built on forged documents, essentially accusing the family of insuring a “dead man”, the consumer commission noted.
Chinese steelmakers coordinate response to EU’s carbon-linked import imposts
China’s leading steelmakers are stepping up coordinated efforts to adjust export strategies, compliance systems and pricing models in response to this year’s full implementation of the EU’s tariff-like Carbon Border Adjustment Mechanism (CBAM), which imposes direct carbon-linked costs on imports. “China’s indirect steel exports to the EU are substantial, and a significant portion consists of high value-added products,” said Jiang Wei, vice-chairman and secretary general of the China Iron and...
12 घंटे की शिफ्ट थी, इसलिए छोड़ दी 8 लाख की नौकरी, अब वीडियो बनकर कमा रहे 15 लाख
Mercor’s 23-Year-Old Billionaire Founders Grapple With Employee Fraud And North Korean Infiltration
Founded in 2023 by 20-somethings, data labeling startup Mercor exploded to $1 billion in annualized revenue run rate in September. Now it's confronting a wave of challenges, including an employee stealing money, security blunders and cultural growing pains.
Filipino remittances rise year-on-year to $2.79b in February 2026, slow after January spike
Dubai: Cash remittances from overseas Filipinos rose to $2.79 billion in February 2026, reflecting continued resilience in inflows that support millions of households back home.The latest figure is higher than the amount recorded in the same month last year, although it marks a slowdown from January’s $3.02 billion, suggesting a moderation in month-on-month growth.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Growth holds steadyDespite the softer February re...
Brits face shortages 'within weeks' despite Donald Trump's renewed claim Iran war is 'over' - as Keir Starmer is urged to look at energy rationing and cargo flights are cut back
Brits face shortages 'within weeks' despite Donald Trump's renewed claim Iran war is 'over' - as Keir Starmer is urged to look at energy rationing and cargo flights are cut backBy GREG HEFFER, POLITICAL CORRESPONDENT and JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 11:17, 15 April 2026 | Updated: 11:21, 15 April 2026 e-mail View comments
OGDC announces major oil, gas discovery in K-P's Kohat
In a major development amid the ongoing energy crisis, the Oil and Gas Development Company Limited (OGDC) announced on Wednesday what it termed as the "largest oil and gas discovery in the country’s history" at the Bazgai X-1 well in the Nashpa block. According to an OGDC spokesperson, the discovery in Kohat district of Khyber-Pakhtunkhwa was being described as a significant exploration success for Pakistan. The spokesperson said the Bazgai X-1 well was currently producing 15,0...
UAE taxes: FTA announces new penalty rules, reduces fines for violations
The UAE's tax authority on Wednesday announced updated penalty rules that lower some fines and make tax filing rules easier and more flexible for businesses and taxpayers in the Emirates.The Federal Tax Authority (FTA) announced that new rules under Cabinet Decision No. (129) of 2025 took effect on Tuesday, April 14. The decision updates fines and penalties for violations of UAE tax laws, replacing parts of the rules in Cabinet Decision No. (40) of 2017.The amendments introduce reduced or revise...
Japan plans US$10 billion support to help Asia secure oil: ‘we are mutually dependent’
Japan has said it will establish a financial framework worth about US$10 billion to help Asian countries procure energy resources and bolster their stockpiles as Middle East tensions drive prices higher and disrupt supply chains. The support, aimed at preventing knock-on effects on Japan’s own supply chains, would be channelled mainly through state-backed financial institutions such as Japan Bank for International Cooperation and Nippon Export and Investment Insurance. Announcing the plan on...
Dollar Slump Shows Traders Are Embracing Risk Again
NewsletterMarkets DailyDollar Slump Shows Traders Are Embracing Risk AgainGreenback index is at its lowest since early MarchFacebookXLinkedInEmailLinkGiftExpandPhotographer: Michael Nagle/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Phil SerafinoApril 15, 2026 at 10:14 AM UTCBookmarkSaveLock This article is for subscribe...
Sensex ends 1,264 points higher, Nifty above 24,200; IT stocks jump
Sensex ends points higher Nifty above IT stocks jump
More than 200 Iranian sailors stranded after US torpedo attack return home
More than 200 Iranian sailors stranded after US torpedo attack return home17 minutes agoShareSaveAdd as preferred on GoogleGabriela BoccaccioVideo released by the Pentagon showed the moment a US torpedo struck Iranian warship the Iris Dena on 4 MarchMore than 200 Iranian sailors left stranded in Sri Lanka after a US torpedo attack are returning home after being stuck in the country for more than a month. On Wednesday, Sri Lanka's Deputy Defence Minister, Aruna Jayasekara, confirmed 32 sail...