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Current Affairs

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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

General

U.S. eases Iranian oil sanctions in scramble to contain energy prices, handing Tehran a boost

NBC News – World · US

In a twist of wartime irony, the United States has moved to ease sanctions on Iranian oil to cool surging energy prices, a potential boon for Tehran.

Geopolitics

India's oil, LPG lifeline: 2 more tankers set to cross Strait of Hormuz - full arrival list

Times of India – World · India

India sees a cautious easing of maritime movement as three crude oil tankers successfully navigated the Strait of Hormuz, with two more LPG tankers preparing t…

Geopolitics

Oil at $175 a barrel? United Airlines CEO paints grim picture, to cut more flights

Times of India – World · India

United Airlines is cutting unprofitable flights over the next two quarters due to anticipated prolonged high jet fuel prices linked to the Iran conflict. Despi…

Geopolitics

Iran launches 10 mn rial note, highest-ever denomination, as war deepens economic crisis

Times of India – World · India

- TOI World Desk provides global news with accuracy, depth, and real-time updates. - Dedicated journalists and writers cover diverse international events. …

Geopolitics

Has oil crisis trumped US? Inside the war-time paradox of fighting Iran and funding it

Times of India – World · India

The US faces a paradox in its conflict with Iran, relying on the nation's oil to stabilize global markets while simultaneously trying to weaken it. Disruption…

Geopolitics

Centre raises LPG allocation to 50%, urges PNG shift - who gets priority?

Times of India – World · India

The central government has boosted gas allocation to states and Union Territories, raising it to 50% of pre-crisis levels. An additional 20% supply, effective …

Geopolitics

FPIs remain net sellers this week, withdrew Rs 35,475 crore from Dalal Street

Times of India – World · India

Foreign portfolio investors continued their withdrawal from Dalal Street this week, with net outflows reaching Rs 35,475 crore. Middle East tensions and elevat…

Geopolitics

Philippine fuel prices hit record highs as food inflation fears grow

South China Morning Post – World · China

Mario Orain used to earn his living on the road. Now, the 51-year-old driver spends most of his time parked up, waiting for bookings that rarely come. “It’s re…

Geopolitics

How China’s tech transformation is putting the ‘world’s factory’ in a tough spot

South China Morning Post – World · China

As China undergoes a sweeping economic transition, its regions are also in the process of embracing change. The powerhouses of yesteryear must adapt or risk fa…

Geopolitics

Hong Kong to issue weekly updates on fuel price changes from April 1

South China Morning Post – World · China

Hong Kong authorities will issue weekly announcements about the changes in international and local fuel costs from April, following growing concerns that busin…

Geopolitics

India's crude shuffle: How Hormuz chokehold rerouted oil imports from Gulf to Russia

Times of India – World · India

India's crude oil imports have significantly dropped in March due to disruptions in the Strait of Hormuz, forcing refiners to pivot towards Russia and African …

Geopolitics

Fuel, food and finance: How US-Iran war might spill into your monthly household bills

Times of India – World · India

Global conflicts, from the Middle East to Ukraine, are directly impacting Indian households. Expect higher grocery bills due to rising LPG, cooking oil, and pu…

Geopolitics

India cooking gas crisis forces exodus of textile workers

Al Jazeera – News · Middle East

Indian textile workers are returning home after days without cooking gas, as an LPG crisis linked to the Iran war.

Geopolitics

Premium petrol up Rs 2 per litre amid global oil spike

Times of India – World · India

- Atul Mathur is a Senior Assistant Editor at The Times of India with 27+ years in journalism, focusing on governance, public policy, and politics. - Known f…

Geopolitics

India diversifies LPG supplies, imports 176k tonnes from US

Times of India – World · India

- Atul Mathur is a Senior Assistant Editor at The Times of India with 27+ years in journalism, based in Delhi. - Focuses on governance, public policy, politi…

Tech & Startups

‘A Rigged and Dangerous Product’: The Wildest Week for Prediction Markets Yet

Wired · Global

As the prediction market boom continues, backlash is growing, too, with Arizona filing criminal charges against Kalshi and public outcry after Polymarket trade…

Geopolitics

As China struggles to boost demand, no one-size-fits-all solution will work

South China Morning Post – World · China

During a press conference of the annual “two sessions”, National People’s Congress spokesperson Lou Qinjian referenced the grass-roots football league Suchao o…

General

In Cuba, all-night lines for 5 gallons of gas as residents grapple with shortages

NBC News – World · US

Lines to get some fuel or to buy potatoes — for those who can afford it — are scenes of daily life in Havana.

Tech & Startups

Iran War Puts Global Energy Markets on the Brink of a Worst-Case Scenario

Wired · Global

“This will be so, so, so, so, so bad,” one analyst says.

Geopolitics

Airlines vs govt: Centre faces backlash over 60% free seat selection rule, warn of fare hike

Times of India – World · India

Airlines like IndiGo, Air India, and SpiceJet are opposing the government's mandate for free seat selection, warning it could inflate airfares. The Federation …

Geopolitics

China’s rare earth magnet exports to the US keep falling as Europe gains

South China Morning Post – World · China

China’s exports of rare earth permanent magnets to the United States continue to fall, at a time when Washington and its allies are stepping up efforts to redu…

Geopolitics

Hong Kong should use ‘safe haven’ status to draw capital from Gulf: agency chief

South China Morning Post – World · China

Hong Kong should leverage its position as a “safe haven for investment” to attract foreign capital amid the ongoing conflict in the Middle East, the head of In…

Geopolitics

China adds 12 banks to digital yuan system, expanding e-CNY’s economic presence

South China Morning Post – World · China

China is set to include 12 more commercial banks under the umbrella of its central bank-backed digital currency, the latest move by Beijing to scale up adoptio…

Geopolitics

Will Russian oil be the biggest winner in the US-Israel war on Iran?

Al Jazeera – News · Middle East

The price of Russian Urals has soared in recent weeks. How Russia - and other energy producing nations - could profit.

General

Taxi drivers wait in long fuel lines as Cuba's economic crisis worsens

NBC News – World · US

As Cuba's economic crisis worsens, taxi cab drivers are being forced to wait in long lines for fuel and tensions are growing between shoppers buying groceries.…

Geopolitics

Household energy bills in Great Britain ‘could rise to almost £2,000 a year’ amid Iran war shock

The Guardian – World · Europe

Consultancy forecasts typical £1,972 annual dual-fuel bill as conflict pushes UK’s gas market past three-year highsBusiness live – latest updatesHousehold ener…

Geopolitics

Price of premium petrol hiked by up to Rs 2.35 amid Middle East tensions

Times of India – World · India

Premium petrol prices have seen a hike of over Rs 2 per litre across state-run oil companies, while regular fuel and diesel rates remain steady. This adjustmen…

Geopolitics

Rupee sinks 82 paise to all-time low of 93.71 vs US dollar

Times of India – World · India

- TOI Business Desk delivers global business news, covering industries, markets, trends, analysis, and breaking stories for readers. - Focused on economic in…

Geopolitics

Chinese stocks shake laggard image amid oil shock as green transition pays off

South China Morning Post – World · China

Chinese stocks have emerged as outperformers in the latest oil shock, reversing their reputation as laggards, as crude takes a back seat to renewable fuels in …

Geopolitics

China’s Hainan free-trade hub reinvents itself as Hong Kong’s rival – and partner

South China Morning Post – World · China

As Hainan pushes ahead with its free-trade port, the tropical island is emerging as a potential rival to Hong Kong’s long-standing role as a regional shopping …

Geopolitics

UK borrowing rises unexpectedly to £14.3bn in February

The Guardian – World · Europe

Data comes amid increasing fears that Iran war could send British government’s plans off courseBusiness live – latest updatesBritain’s public finances showed a…

Geopolitics

'Direct consequences on economy': Indian envoy to UK on Strait of Hormuz disruption amid Iran war

Times of India – World · India

India has strongly condemned unacceptable attacks on commercial shipping in the Strait of Hormuz, urging de-escalation through dialogue. Ambassador Vikram Dora…

Geopolitics

In Japan’s ski hub, deep snow can’t hide gripes, inflation and polarisation

South China Morning Post – World · China

Beneath the powder snow at internationally popular Japanese ski resort Niseko, anxiety is mounting among residents over soaring prices and a massive influx of …

Geopolitics

Rupee breaches 93 per dollar for first time amid Iran war oil shock; down 19 paise in early trade

Times of India – World · India

The Indian rupee hit a record low of 93.12 against the US dollar on Friday, driven by escalating Middle East tensions and soaring crude oil prices. Despite thi…

Geopolitics

Bank holiday today: Are banks closed for Eid-ul-Fitr? Check state-wise list

Times of India – World · India

- TOI Business Desk provides global business news, covering markets, industries, and economic trends. - Focuses on in-depth analysis, exclusive reports, and …

Geopolitics

Ras Laffan hit: Qatar's 17% LNG capacity gone, $20bn loss; which countries will be impacted?

Times of India – World · India

- TOI Business Desk delivers global business news, tracking markets, trends, and economic shifts. - Focuses on in-depth analysis, exclusive reports, and brea…

Geopolitics

China, US end trade talks in Paris; chip self-sufficiency drive: SCMP’s 7 highlights

South China Morning Post – World · China

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and she…

Geopolitics

Gas giants warn against windfall gains tax as Pocock says ‘wartime profits’ should go to struggling Australians

The Guardian – World · Europe

Government faces political fight as industry says mooted 25% levy on exports would hurt Australia’s economy and energy securityGet our breaking news email, fre…

Geopolitics

Reliant on imported fuel, Pacific islands appeal for help as oil prices surge

The Guardian – World · Europe

Samoa and Tonga raise supply concerns with foreign partners as businesses and residents in Papua New Guinea grapple with higher fuel prices amid the Iran warTh…

Geopolitics

Iran War Fallout: Southeast Asia Hard Hit by Skyrocketing Fuel Prices

The New York Times – World · US

Across Southeast Asia, a region heavily dependent on energy exports brought via the Strait of Hormuz, lives are being upended by higher oil and gas prices.

Geopolitics

Spain Says the Sun Shields It From Rising Gas Costs. Is That True?

The New York Times – World · US

Pedro Sánchez, Spain’s prime minister, said the nation’s renewable energy system has softened the financial fallout from the war in Iran. The story is more com…

Geopolitics

Oil Falls and Stocks in Asia Hold Steady

The New York Times – World · US

Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.

Geopolitics

Oil prices today: Crude eases after spike as Trump, Netanyahu seek to ease concerns over Iran war

Times of India – World · India

Global crude prices saw a dip on Friday. Statements from US President Donald Trump and Israeli prime minister Benjamin Netanyahu helped calm fears of more atta…

Geopolitics

Office vacancy rate in Hong Kong’s Central falls to single digits after 2 years

South China Morning Post – World · China

Prime office vacancy rates in Hong Kong’s main business district dropped to single digits for the first time in 26 months, lifting overall rents in the city’s …

Geopolitics

US federal debt becoming ‘alarmingly unsustainable’ as Iran war fuels spending: analysts

South China Morning Post – World · China

The United States’ rapidly mounting sovereign debt pile – which reached an unprecedented US$39 trillion on Wednesday – is becoming “alarmingly unsustainable” a…

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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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