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Current Affairs

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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

Iran war, crude prices to steer Dalal Street this week

Times of India – World · India

Indian equity markets face a volatile week, driven by Middle East conflict developments and crude oil price movements. Investors are also keenly watching the U…

Geopolitics

China and US begin fresh round of trade talks in Paris

South China Morning Post – World · China

Senior officials from China and the United States have started a new round of trade talks in Paris, as the two sides seek to pave the way for US President Dona…

Geopolitics

Middle East conflict could divert new capital to Hong Kong: treasury chief

South China Morning Post – World · China

The conflict in the Middle East could divert new capital to Hong Kong due to the city’s stability and regulatory certainty, the treasury minister has said, whi…

Geopolitics

Trump’s forced labour probe: China faces closest scrutiny; what does it mean for India?

Times of India – World · India

India's solar panel, electronics, and garment exports face heightened US scrutiny following a new trade probe into forced labor in global supply chains. The in…

Geopolitics

Japan hotels keep luring Hong Kong families, global investors despite geopolitical strains

South China Morning Post – World · China

For Hong Kong’s Topaz Family Office, investing in hotels in Japan holds up as a sound decision even as a Middle East war clouds the macroeconomic environment. …

Geopolitics

‘More than adequate stocks’: Govt assures no fertiliser shortage amid Middle East crisis

Times of India – World · India

Amidst Middle East crisis concerns, India assures stable fertiliser supply for the upcoming Kharif season. Government data reveals urea stocks are higher than …

Geopolitics

Middle East crisis: How will Americans pay for the Iran war as oil prices soar

Times of India – World · India

Global oil markets are on edge as the Strait of Hormuz, a vital shipping lane, faces closure due to ongoing conflict. Analysts warn of soaring fuel prices, pot…

Geopolitics

Inside the coconut cartel: how Chinese money squeezes Thai farmers

South China Morning Post – World · China

Hands knotted by a lifetime of hard work, Supon Haochareon says Thai farmers in his position do not get to retire. Instead, the 81-year-old and his wife Lamdua…

Geopolitics

No recession but inflation hike and increased cost-of-living pressure on the way, Jim Chalmers says

The Guardian – World · Europe

Economists predict RBA will raise interest rates this week and in May – days before treasurer unveils budgetFollow our Australia news live blog for latest upda…

Geopolitics

Out of Hormuz: 2 ships with 93k tonnes LPG head for Gujarat

Times of India – World · India

Enough For 68L Cylinders; India Needs 55L Daily

Geopolitics

Gas prices are soaring – but one Los Angeles gas station is taking it to the extreme

The Guardian – World · Europe

A Chevron station just outside downtown charges more than $8 a gallon – nearly $3 more than the city’s averageIt’s tempting to think that a gas station chargin…

Geopolitics

India’s Goldilocks under threat? How war, crude oil above $100 may deal a blow to growth story

Times of India – World · India

What do rising crude oil prices spell for India’s GDP growth, inflation, current account deficit, rupee, and fiscal deficit? Economists say that the answer lie…

Geopolitics

Pak employees face heat: Up to 30% salary cuts in state firms amid fuel crisis

Times of India – World · India

Pakistan's Prime Minister has approved significant salary cuts for state-owned enterprise employees, ranging from 5 to 30 percent, as part of a broad austerity…

Geopolitics

UK eyes ‘targeted’ support for households amid rising energy costs

South China Morning Post – World · China

The British government is looking to provide “targeted” support for ⁠poorer households to offset the impact of ⁠surging energy costs due to the conflict ⁠in th…

Geopolitics

Energy crisis grips Nigeria amid US-Israel war in Iran

Deutsche Welle (DW) – World · Europe

Rising oil prices, spurred on by the war in Iran, have exacerbated Nigeria's energy crisis.

Geopolitics

‘Everything is going up’: Americans struggle with affordability despite Trump’s claims

The Guardian – World · Europe

US workers are finding it difficult to afford basic necessities as the president claims ‘the economy is roaring back’US workers are still struggling with the c…

Geopolitics

Meet Sadanand Date: MBBS-IPS officer and President’s awardee who is the new SEBI executive director

Times of India – World · India

Sadanand Date, a seasoned IPS officer with extensive experience in the CBI and Mumbai Police's economic offenses units, has been appointed as SEBI's Executive …

Geopolitics

Strait‑up chokehold of Hormuz: How Iran turned Middle East war into global oil supply shock

Times of India – World · India

Iran has strategically prepared to leverage the Strait of Hormuz, employing asymmetric warfare with drones and missiles to disrupt global oil flows. This appro…

Geopolitics

‘Surviving loan by loan’: Pak's wallet could take another hit from soaring oil prices

Times of India – World · India

Pakistan grapples with an escalating economic crisis as Middle East conflict disrupts vital oil shipments through the Strait of Hormuz. Soaring fuel prices ar…

Geopolitics

Yemeni ports face shipping fee hike amid Iran conflict

Al Jazeera – News · Middle East

Yemen’s government rejects new shipping surcharges, as fears grow of humanitarian crisis.

Geopolitics

NHS and MoD will be urged to buy British tech to drive growth amid Iran crisis

The Guardian – World · Europe

Treasury minister Spencer Livermore trails new strategy as chancellor pins hopes on benefits of AI amid global uncertaintyThe NHS and Ministry of Defence will …

Geopolitics

Tata, Parle canteens feel LPG squeeze; India Inc redesigns menu — less tea, no samosas

Times of India – World · India

India's industrial sector faces disruption as commercial LPG shortages impact factory operations. Manufacturers report production hurdles, particularly in braz…

Geopolitics

Summer travel to get costlier: Jet fuel prices jump amid Middle East conflict

Times of India – World · India

Get ready for pricier flights as Middle East tensions escalate, driving up jet fuel costs significantly. Experts warn of inevitable fare hikes, especially on l…

Geopolitics

Iran war knocks out Thai Mideast rice exports, squeezing farmers harder

South China Morning Post – World · China

Thai rice exports to the Middle East were halted as the escalating war disrupts shipments to the nation’s largest market for the grain, further straining farme…

General

The Iran war's looming economic threat: Higher food prices

NBC News – World · US

The ongoing war in Iran is disrupting fertilizer shipments through the Strait of Hormuz, raising farmers' costs and pushing food prices higher.

Geopolitics

Kerosene to be distributed mainly through ration shops

Times of India – World · India

- Loan installment calculator estimates monthly payments. - SIP returns estimator calculates investment growth. - PPF and FD calculators determine maturity…

Geopolitics

Trump and Netanyahu’s Iran quagmire is wrecking the global economy

South China Morning Post – World · China

A declining superpower and an aspiring regional hegemon make a deadly combination. The warmongering duo of the United States and Israel have now given the worl…

Geopolitics

War upends life as LPG crisis hits not only eateries & hostels but also temples

Times of India – World · India

The ongoing conflict between Iran, the US, and Israel has triggered a severe LPG cylinder shortage across India, leading to black marketing, price hikes, and w…

Tech & Startups

Higher Jet Fuel Prices Could Melt Your Summer Travel Plans

Wired · Global

Airline ticket prices are already rising, but an extended crisis in Iran could have bigger effects on the global travel industry.

Geopolitics

Rachel Reeves to set out extra support for UK households facing surge in heating oil costs

The Guardian – World · Europe

Exclusive: Chancellor plans help for vulnerable and low-income customers due to conflict in Middle East Rachel Reeves will set out extra support next week for …

Geopolitics

How This Oil Supply Shock Compares With the Embargo of 1973

The New York Times – World · US

Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.

Geopolitics

Trump’s Move to Seize Oil Tankers Costs the U.S. Tens of Millions of Dollars

The New York Times – World · US

Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.

Geopolitics

Middle East crisis: Kerosene, coal makes comeback for domestic household use

Times of India – World · India

India is temporarily reviving kerosene and coal for cooking as Middle East disruptions strain LPG supply chains. The nation is vulnerable due to significant e…

Geopolitics

Big relief amid LPG worries: Iran allows two gas tankers to sail to India through Hormuz

Times of India – World · India

- TOI Business Desk provides global business news, analysis, and market updates. - Focuses on industries, economic trends, and breaking stories impacting eco…

Geopolitics

US economic growth slumps to 0.7% in fourth quarter, stoking inflation worries

South China Morning Post – World · China

The US economy grew at a significantly slower pace than initially estimated for the final months of 2025, government data showed on Friday, a major downgrade t…

Geopolitics

Ghana's new gold royalty hike shakes mining industry

Deutsche Welle (DW) – World · Europe

As gold prices surge, Ghana has introduced a new 'sliding-scale' to capture more royalties from its mined gold. Mining giants say the new rates could scare awa…

Geopolitics

Japan taps oil reserves as Iran war spreads. Could it give China leverage?

South China Morning Post – World · China

Japan’s unilateral decision to release oil from its emergency stockpiles highlights its vulnerability to prolonged supply disruptions and may leave it more exp…

Geopolitics

Hong Kong MTR Corp pay rise below expectations: union

South China Morning Post – World · China

A union representing employees of Hong Kong’s rail operator, the MTR Corporation, has expressed disappointment with the firm’s refusal to consider their calls …

Geopolitics

Malaysia’s fuel subsidy bill to rise more than fourfold as Iran war drags on

South China Morning Post – World · China

The cost of Malaysia’s subsidies for fuel at the pump is projected to rise by more than four times in the short term, the government has said, as it rushed to …

Geopolitics

‘I don’t give a shit about Iran. I don’t want to pay higher gas’: Motor City motorists feel pinch as gas prices surge

The Guardian – World · Europe

Drivers in Detroit are unhappy with the spike in gas prices, even if reactions are mixed to the US-Israel war on IranOn a rainy Detroit afternoon at a gas stat…

Geopolitics

Trump’s volte-face: Why US is suddenly clearing a path for Russian oil

Times of India – World · India

- Priyanka Mukherjee is an Assistant News Editor at The Times of India, juggling breaking news, long-form explainers, and newsroom chaos. - She prioritizes w…

Geopolitics

Poor in an oil-rich country: Republic of Congo’s youth hope for change

Al Jazeera – News · Middle East

In an oil-producing country where 60 percent of people are under 25, nearly half the population lives in poverty.

Geopolitics

Bleak economic data shows UK plc in trouble well before the Middle East crisis

The Guardian – World · Europe

Zero GDP growth in January will not help Rachel Reeves claim her policies have put UK in a stronger position to weather oil price stormBusiness live – latest u…

Geopolitics

NSW emerges as main loser from GST carve-up as WA gets extra $5.5bn

The Guardian – World · Europe

NSW premier says latest distribution calculation, with a reduction in the state’s share of revenue relative to its population, is unfair and ‘past its use-by d…

Geopolitics

Strait of Hormuz crisis: US waiver puts 19 m barrels of Russian oil back on market

Times of India – World · India

A US waiver now permits the purchase of Russian oil cargoes already at sea, releasing nearly 30 tankers carrying millions of barrels of crude and refined produ…

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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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