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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

‘Makes Covid look like a tea party’: Australian food prices could rise for the next year, farmers warn

The Guardian – World · Europe

Iran conflict could see shortages not just in fuel, but fertiliser and fossil fuel resins – used to make milk bottlesGet our breaking news email, free app or d…

Geopolitics

Small petrol stations urge Albanese government to crack down on fuel wholesalers as operators run dry

The Guardian – World · Europe

Businesses ranging from vegetable growers to miners warn of disruption from rising petrol prices and lack of supplyGet our breaking news email, free app or dai…

Geopolitics

Australians can expect high fuel costs to linger for far longer than the war in Iran

The Guardian – World · Europe

Rising inflation and unemployment mean effects of Iran war could be even worse than the post-Covid cost-of-living crisisGet our breaking news email, free app o…

General

Stocks rally, oil prices fall after U.S. sends Iran a peace plan

NBC News – World · US

U.S. stocks rose Wednesday and global oil prices fell, as traders and investors were buffeted by constant headlines about the war in Iran.

Geopolitics

Bank holiday on Ram Navmi: Are banks open or closed on March 26 & 27

Times of India – World · India

Bank customers must check holiday schedules before visiting branches this week. Closures will occur due to festivals and state holidays. RBI guidelines also m…

Geopolitics

Former Hong Kong exchange executive Ba Shusong reported out of public sight

South China Morning Post – World · China

The former managing director and chief China economist of bourse operator Hong Kong Exchanges and Clearing (HKEX), Ba Shusong, has not appeared in public recen…

Geopolitics

China names trillions of AI tokens after the yuan. Should the US worry for the dollar?

South China Morning Post – World · China

China has officially designated ciyuan as the translation for “token” – the computational units that power tools such as Claude, ChatGPT and Gemini – a move wi…

Geopolitics

Large Polymarket, Wall Street bets on Trump’s war news under scrutiny

Al Jazeera – News · Middle East

Well-timed trades regarding Iran war news this week lead critics to argue White House may be engaged in insider trading.

Geopolitics

Can Thailand's new government deliver on growth promises?

Deutsche Welle (DW) – World · Europe

After taking a gamble in seeking a new mandate, Thailand's newly reelected PM Anutin Charnvirakul has cast himself as a force for stability. But his government…

Geopolitics

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

The Guardian – World · Europe

Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shippingMiddle East crisis – live updatesBusiness live – l…

Geopolitics

60 m barrels of Russian crude booked by Indian refiners amid global supply strain

Times of India – World · India

Indian refiners have significantly increased purchases of Russian crude, securing around 60 million barrels for the upcoming month amidst Middle East conflict-…

Geopolitics

‘No shortage of fuel’: Centre assures LPG, diesel and petrol supply; pushes PNG, kerosene

Times of India – World · India

Centre on Wednesday said there was no shortage of LPG, petrol or diesel in the country and urged people not to panic amid reports of increased demand in some a…

Geopolitics

Hong Kong weighs petrol pricing disclosure rule in tenders as fuel costs surge

South China Morning Post – World · China

Hong Kong authorities are facing mounting pressure from lawmakers to roll out more measures to rein in surging fuel prices, including a requirement for firms t…

Geopolitics

Why a global private-credit meltdown would hit China hard

South China Morning Post – World · China

As war in the Middle East escalates, the financial fallout extends beyond energy price and supply-chain disruptions. Vulnerabilities in the US$3 trillion-plus …

Geopolitics

Amid struggles at home, 80% of Chinese companies in EU plan more investment

South China Morning Post – World · China

Almost 80 per cent of the Chinese companies operating in the European Union plan to expand their investment there, even though most complain about policy uncer…

Geopolitics

Dreams of survival: How war has restructured Gaza’s job market

Al Jazeera – News · Middle East

Gaza's professionals adapt careers to survive, shifting from arts and business to whatever they can find to make money.

Geopolitics

Australia prepares for oil prices above US$120 a barrel as diesel passes $3 a litre nationwide

The Guardian – World · Europe

Fuel stocks at same level as when US and Israel launched their war on Iran a month ago, energy minister saysFollow our Australia news live blog for latest upda…

Geopolitics

Stocks rise and oil dips on hopes of 15-point Iran peace plan

The Guardian – World · Europe

Markets in Asia and Europe move higher, while crude hovers at about $100 a barrel amid cautious optimismBusiness live – latest updatesThe price of oil has dipp…

Geopolitics

'No shortage of petrol, diesel, or LPG': Oil firms soothe fuel concerns in India

Times of India – World · India

Major oil companies have debunked claims of a fuel shortage, assuring the public that supplies are normal and sufficient. Despite global supply tensions due to…

Geopolitics

Nayara plans 35-day shutdown, 8% of India's refining capacity may take a hit

Times of India – World · India

A large portion of the refinery’s output is sold within the domestic market, with exports having declined after the sanctions last year. A considerable share o…

Geopolitics

‘Eagle very close on landing roll:’ Delhi ATC asks two incoming planes to go-around

Times of India – World · India

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Geopolitics

China’s consumer goods factories cut output as Iran war sends costs soaring

South China Morning Post – World · China

The disruption to shipping traffic along the Strait of Hormuz is starting to bite in China, where some manufacturers are reducing production due to soaring ene…

Geopolitics

Hong Kong, Hainan can ‘forge strong partnership’, build on strengths: John Lee

South China Morning Post – World · China

Hong Kong and Hainan should forge a strong partnership and explore new models of cooperation, the city’s leader has said, urging the business sector to capital…

Geopolitics

Airline boss flags possible fuel rationing in Philippines as supplies dwindle

South China Morning Post – World · China

The head of the Philippines’ flag carrier said the Southeast Asian country may need to resort to fuel rationing amid tight supplies due to the war in Iran. “We…

Geopolitics

From Pakistan to Egypt, Iran war drives up prices in Global South

Al Jazeera – News · Middle East

Developing economies in Asia, Africa and the Middle East are bearing the brunt of surging energy costs.

Geopolitics

Indians flock to fuel pumps as Iran war drives shortage fears

Deutsche Welle (DW) – World · Europe

From Gujarat to Tamil Nadu, long lines at fuel pumps reflect growing anxiety over oil supplies even as officials urge calm and assure of adequate supply. DW ha…

Geopolitics

UK inflation held at 3% before global energy price hit from Iran war

The Guardian – World · Europe

February annual rate in line with analysts’ expectations but outlook has shifted because of effects of conflictThe UK inflation rate was unchanged at 3% in Feb…

Geopolitics

‘Political Band-aid’: cutting Australia’s fuel excise could make petrol shortages worse, economists say

The Guardian – World · Europe

Fuel tax cuts also risk adding to inflation by enabling some households with enough income to spend moreFollow our Australia news live blog for latest updatesG…

Geopolitics

Visa-free travel, rising foreign visitors boost luxury hotel growth in China

South China Morning Post – World · China

China’s luxury hotel sector has unlocked new avenues for business growth, fuelled by a boom in inbound tourism and a growing number of foreign business travell…

Geopolitics

Oil prices: Crude slips below $100 amid ceasefire hopes; Brent down 6%, WTI at $87

Times of India – World · India

Oil prices tumbled over 5% as a US proposal for a 15-point plan to Iran, aiming for a ceasefire and ending conflict, sparked hopes of easing supply disruptions…

Geopolitics

Rupee falls 20 paise to 93.96 per US dollar in early trade

Times of India – World · India

The Indian rupee continued its downward trend, falling to 93.96 against the US dollar amid persistent foreign fund outflows and global crude oil price hikes. F…

Geopolitics

China consumer stocks jump on strong earnings, but analysts warn of limited recovery

South China Morning Post – World · China

Major Chinese consumer stocks listed in Hong Kong rose sharply following strong full-year earnings, though analysts said the results did not point to a broad r…

Geopolitics

Turkey’s biggest private bank plans Hong Kong entry amid Middle East tensions: sources

South China Morning Post – World · China

Turkey’s largest private bank plans to set up a Hong Kong office, according to sources familiar with the matter, in a move that underscores the city’s role as …

Geopolitics

Oil at $150 will trigger global recession, says boss of financial giant BlackRock

BBC News – World · Europe

Larry Fink says if oil prices stay high for a sustained period it will have "profound implications" for the world economy.

Geopolitics

5 India-flagged LPG-loaded tankers stuck at Hormuz

Times of India – World · India

India's government confirmed five LPG tankers, carrying approximately 2.3 lakh tonnes of cooking gas, are positioned west of the Strait of Hormuz. Two ships ar…

Geopolitics

High Oil and Gas Prices Could Outlast Trump’s War With Iran

The New York Times – World · US

While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends.

Geopolitics

Iran war puts South Asia's Gulf remittances at risk

Deutsche Welle (DW) – World · Europe

Millions of South Asian workers in the Middle East provide a vital economic boost by sending money home. Economists warn these flows would be at risk if a prot…

Geopolitics

Everyday life in Asia is being upended by Iran war fuel crisis

BBC News – World · Europe

Asia relies heavily on oil and gas from the Gulf, and shortages and higher prices are starting to bite.

Startups

Platform fee creeps up again as Zomato and Swiggy test the market's price sensitivity

Your Story · India

Days after Zomato raised its platform fee by 19%, rival Swiggy followed with a 17% increase, taking its per-order charge to Rs 17.58 from Rs 14.99.

Geopolitics

Hong Kong a ‘safe harbour’ for family wealth as global tensions rise, officials say

South China Morning Post – World · China

Hong Kong is a stable base for global wealth as rising geopolitical tensions and economic uncertainties prompt wealthy families to rethink where they base thei…

Geopolitics

EU delays proposal to permanently ban Russian oil imports

South China Morning Post – World · China

The European Commission will no longer submit a legal proposal to permanently ban Russian oil imports over Moscow’s war in Ukraine on April 15 as previously ‌p…

Geopolitics

QatarEnergy declares force majeure on some LNG contracts due to Iran war

Al Jazeera – News · Middle East

The move comes amid production disruptions linked to the US-Israeli war on Iran, which have affected Qatar.

Geopolitics

Rachel Reeves rules out universal support on energy bills

The Guardian – World · Europe

Chancellor says package offered by Liz Truss’s government was unaffordable and any future help will be targetedRachel Reeves has ruled out universal support to…

Geopolitics

Philippines Declares National Emergency Over High Fuel Prices

The New York Times – World · US

The Southeast Asian country imports 90 percent of its oil from the Middle East, and the government is under intense pressure to deal with the situation.

Geopolitics

Memory costs ‘beyond imagination’ may imperil smartphone makers, Xiaomi leader warns

South China Morning Post – World · China

Rising memory-chip costs could reshape the smartphone industry, said Xiaomi president William Lu Weibing, after weak smartphone sales cut into the firm’s fourt…

Disclaimer

Content usage & attribution

At Shalyam, our Current Affairs section curates headlines and brief excerpts from publicly available RSS feeds of reputed publications. Each item links back to the original source for full reading, ensuring that the rights of the respective publishers are respected under the Indian Copyright Act, 1957.

We do not reproduce full articles; instead, we provide short snippets for reference along with our own commentary, insights, and fact-based analysis. All copyrights remain with the original publishers, and proper attribution is maintained for every article displayed.

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