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Current Affairs

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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

Fed holds interest rates steady as Iran war drives up oil prices and inflation fears

The Guardian – World · Europe

Jerome Powell resists Trump pressure as policymakers weigh energy shock against a weakening US jobs marketSign up for the Breaking News US email to get newslet…

Geopolitics

7 China-bound oil tankers now headed for India, says report

Times of India – World · India

Govt: Unaware Of Any Such Course Change

Geopolitics

U.S. Fed holds rates unchanged over ‘uncertain’ Iran war implications

The Hindu – World · India

The central bank cut rates three consecutive times late last year before holding them steady at its January meeting

Geopolitics

Trump allows foreign ships between domestic ports to stabilise petrol costs amid Iran war

South China Morning Post – World · China

US President Donald Trump has announced a temporary 60-day suspension of the Jones Act, the century-old law that mandates cargo moving between domestic ports b…

Geopolitics

US Fed defies Trump to keep interest rates unchanged amid Iran war concerns

South China Morning Post – World · China

The US Federal Reserve kept interest rates unchanged on Wednesday as expected, in defiance of President Donald Trump as the world’s largest economy battles stu…

Geopolitics

Oil nears $110 a barrel after gas field strike

BBC News – World · Europe

Iran's military warned it would take "decisive action" in response to the strike on its energy infrastructure.

Geopolitics

Why tariffs aren’t the biggest factor holding back US-Asean trade

South China Morning Post – World · China

When the Trump administration rolled out sweeping tariffs on “Liberation Day” in April 2025, the reaction across Southeast Asia was swift: markets dipped, supp…

Geopolitics

Zack Polanski says Greens would ditch GDP targets and focus on wellbeing instead

The Guardian – World · Europe

Leader uses first major economic speech to prioritise public services and reduction of inequality over growthUK politics live – latest updatesA government led …

Geopolitics

Polanski positions Greens’ economic policy as radical alternative to Reeves

The Guardian – World · Europe

Offer to reform taxes, tackle ‘rip-off Britain’ and overhaul fiscal rules could tempt exasperated Labour supportersZack Polanski says Greens would ditch GDP ta…

Geopolitics

US-Iran war: Is India’s Gulf remittance lifeline at risk? Billions at stake!

Times of India – World · India

India continues to be the largest recipient of remittances in the world. India’s share in the world remittances stood at 14% in 2024. What does the current US-…

Startups

Wake up and smell the coffee: Public markets are done buying storyfication

Your Story · India

PhonePe’s valuation debate reflects a larger truth about India’s public markets: the era of rewarding growth without clear monetisation is fading. For digital-…

Geopolitics

Pakistan’s fuel smugglers squeezed by rising costs as Iran war hits supply

South China Morning Post – World · China

In Pakistan’s southwestern mountains, pickup trucks loaded with plastic cans of fuel smuggled from Iran line dusty roads as youngsters unload the containers, f…

Geopolitics

India opens anti-dumping probe into ethyl chloroformate imports from China

Times of India – World · India

India has launched an anti-dumping probe into Chinese ethyl chloroformate imports following a complaint by domestic producer Paushak, alleging unfair pricing t…

Geopolitics

Raghav Chadha proposes joint tax filing for married couples — here’s how it could work

Times of India – World · India

Aam Aadmi Party MP Raghav Chadha proposed reforms to ease financial burdens, advocating for optional joint income tax filing for couples, full tax exemption on…

Geopolitics

LPG crisis: Centre pushes states to fast-track switch to PNG amid Hormuz disruption

Times of India – World · India

Escalating Middle East tensions are impacting Indian households and businesses reliant on LPG imports. To counter supply disruptions, the government is urging …

Geopolitics

Jag Laadki arrives in Gujarat: Third Indian vessel carrying crude oil reaches from Strait of Hormuz

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

Cuba's latest blackout underscores deepening economic crisis | In pictures

The Hindu – World · India

Cuba's aging grid has drastically eroded in recent years, leading to an increase in daily outages and islandwide blackouts

Geopolitics

Investors eye Xi-Trump summit for direction as Hong Kong, China stocks shaken by conflict

South China Morning Post – World · China

The prospect of a meeting between President Xi Jinping and US counterpart Donald Trump has become a focal point for investors seeking some reassurance on growt…

Geopolitics

Qatar can keep goods flowing amid tensions, customs chief says

Al Jazeera – News · Middle East

Qatar has no reason to worry about goods shortages or disruptions to supply chains despite heightened regional tensions.

Geopolitics

Energy bills: UK government urged to launch ‘social tariff’ to help vulnerable households

The Guardian – World · Europe

As Iran war drives up cost concerns, thinktank says £3.7bn discount system should be developed before next winterThe UK government is facing calls to spend alm…

Geopolitics

DiDi raises prices in Australia to cover soaring petrol costs amid conflict in the Middle East

The Guardian – World · Europe

Other delivery and transport companies such as Uber, DoorDash and Australia Post are weighing whether to charge moreFollow our Australia news live blog for lat…

Geopolitics

Oil prices fall more than $2 as Iraqi, Kurdish authorities agree to export deal

The Hindu – World · India

Iraq's Oil Minister Hayan Abdel-Ghani said oil flows from Ceyhan were expected to start at 07.00 GMT on March 18, according to state media

Geopolitics

Plead, hoard, steal: the desperate scramble for cooking gas in India

South China Morning Post – World · China

The smoke rising from Babitha Sivadasan’s kitchen in rural Kerala carries a scent that belongs to her grandmother’s era. “I have started cooking with firewood,…

Geopolitics

‘Basics’ of life in Britain have been sold for profit, says Polanski

The Guardian – World · Europe

Exclusive: England and Wales Greens leader outlines economic policy including help to meet rising energy costs and water re-nationalisationSuccessive governmen…

Geopolitics

Albanese urges increased ‘self-reliance and economic resilience’ ahead of snap national cabinet meeting over fuel crisis

The Guardian – World · Europe

Australian prime minister says US–Israeli war on Iran has shifted the international reality, likening current economic shock to Covid pandemic and Ukraine inva…

Geopolitics

Isolated and exposed: can New Zealand’s fragile economic recovery withstand the global oil shock?

The Guardian – World · Europe

New Zealand economic growth tipped to overtake Australia’s this year but Middle East conflict casts a shadow over outlookJust as New Zealand’s fragile economic…

Geopolitics

Democrats urge windfall tax as big oil set to make billions from Iran war

The Guardian – World · Europe

Progressive and green groups join call for tax on major fossil-fuel companies to help offset rising living costsWith big oil companies poised to reap billions …

Geopolitics

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession

The Guardian – World · Europe

Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warnFollow our Australia news liv…

Geopolitics

Middle East war: Elastic prices to rise 25%, to hit undergarment business

Times of India – World · India

Tirupur, a major hub for undergarment manufacturing with an annual turnover of around Rs 10,000 crore in both export and domestic markets, depends heavily on e…

Geopolitics

Why aren’t gold prices rising, despite Iran war uncertainty?

Al Jazeera – News · Middle East

Gold holds steady despite war and rising oil prices, as recent volatility and a strong dollar reduce its appeal.

General

'A direct hit for consumer prices': Diesel surges past $5 a gallon

NBC News – World · US

The average price of diesel fuel hit $5.04 a gallon nationwide Tuesday, threatening to drive up the price of fresh food, shipping, and construction

Geopolitics

Oil price spike threatens to break Indonesia’s budget as 144 million hit the road for Eid

South China Morning Post – World · China

Every year, roughly half of Indonesia’s 288 million people pack into trains, buses, ferries and cars and head home. The mudik, as the great Eid ul-Fitr exodus …

Geopolitics

Asia ditches LNG for coal after Iran war sends prices soaring

South China Morning Post – World · China

Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, industry officials say, as the US-Israeli war on Iran chokes…

Geopolitics

Could the Iran war trigger a global recession?

Al Jazeera – News · Middle East

Energy prices are surging as the Iran war disrupts supply, raising risks for the US, China and Europe.

Geopolitics

New mortgages up by £800 a year amid ‘Trumpflation’ from Iran war

The Guardian – World · Europe

Nearly 700 deals pulled in two weeks and only a few fixed-rate products below 4% are available, says MoneyfactsBusiness live – latest updatesBritons taking out…

Geopolitics

US gas prices: Hormuz tensions push diesel above $5/gallon, highest since Dec 2022

Times of India – World · India

Retail diesel prices in the U.S. have surpassed $5 a gallon for the second time, impacting global economic activity and consumer goods. This surge, driven by t…

Geopolitics

Investors fleeing Mideast chaos find safe haven in ‘sweet spot’ Malaysia

South China Morning Post – World · China

Even before the war in Iran sparked a surge in energy prices, Malaysia stood out from its Southeast Asian peers as the new-found darling of global investors. A…

Geopolitics

Gulf economies suffer brunt of Iran war as recession risk looms

Al Jazeera – News · Middle East

From energy exports to tourism, the economies of Gulf nations are at risk from a prolonged conflict in the Middle East.

Geopolitics

Labor appears set to reform capital gains tax discount after parliamentary inquiry findings

The Guardian – World · Europe

Report reveals the Howard-era settings are helping fuel intergenerational inequality in Australia’s housing marketFollow our Australia news live blog for lates…

Geopolitics

The RBA has made one of its most controversial calls in recent years - and this rate rise may not age well

The Guardian – World · Europe

Michele Bullock says high inflation hurts everyone, but there still seems to be an extraordinary level of complacency about potential fallout from the US-Israe…

Geopolitics

LPG crisis hits eateries: Restaurant staff face salary cuts, layoffs

Times of India – World · India

Middle East tensions are disrupting LPG supplies to India's food services sector, leading to operational stress. Restaurant owners warn of layoffs and salary c…

Geopolitics

South Korea and Japan bear brunt of global stock sell-offs amid oil shock

South China Morning Post – World · China

South Korea and Japan have led declines in global stock markets amid the oil shock, underscoring how supply disruptions in the Middle East are weighing on grow…

Geopolitics

China girl, 12, uses lai see money to buy shop, paying mum US$440 salary to run it for her

South China Morning Post – World · China

A 12-year-old girl from central China showed her business acumen by using her savings to buy a stationery shop and hiring her mother for 3,000 yuan (US$440) a …

Geopolitics

Fate of US-Malaysia trade pact rests on Washington’s next move

South China Morning Post – World · China

Malaysia will wait for Washington to submit updated terms before deciding its next steps on their tariff deal, the country’s trade minister has said – just day…

Geopolitics

Did Chinese New Year boost Hong Kong’s visitor figures for January, February?

South China Morning Post – World · China

Hong Kong welcomed 9.95 million visitors in the first two months of this year, an 18 per cent increase from the same period last year, with the uptick primaril…

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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