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Current Affairs

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Domain: Economics: Understanding Economic Systems ×

Current affairs articles

Geopolitics

Why Southeast Asia’s small firms could bear the brunt of the latest oil shock

South China Morning Post – World · China

Singapore pizza shop owner Roy Chan has ridden out more than one business shock – from the Covid-19 pandemic to US tariff pressures – but he now sees another l…

Geopolitics

US to release 172m barrels of oil from strategic petroleum reserve

The Guardian – World · Europe

Energy secretary says move is part of broader release as oil prices soar due to supply shocks from US-Israel war on IranThe United States will release 172m bar…

Geopolitics

Gulf crisis: Don't rush-book LPG cylinders, delivery in 2.5 days, says government

Times of India – World · India

- Calculate loan installments, SIP returns, PPF, FD, and NPS pension corpus. - Use mutual fund calculator for future investment value. - Determine PPF and …

Geopolitics

Gulf crisis: US to release 172M barrels of oil from strategic reserve to reduce prices

Times of India – World · India

- TOI Business Desk delivers global business news, analysis, and market trends to keep readers informed about economic developments. - Focuses on industries,…

Geopolitics

LPG crunch: Roti, dosa go off menus; more eateries shut operations across cities

Times of India – World · India

- Calculate monthly loan installments and estimate SIP investment returns. - Determine PPF/FD maturity amounts and earned interest. - Estimate NPS pension …

Geopolitics

U.S. to release 172 million barrels of oil from strategic petroleum reserve to reduce soaring prices

The Hindu – World · India

This is is part ⁠of a broader release of ‌400 million barrels of oil agreed to by the 32-nation International Energy Agency ‌earlier in the ​day

Geopolitics

Shell declares force majeure on LNG contracts from Qatar

Al Jazeera – News · Middle East

Qatar announced a production halt at a facility last week and declared force majeure on LNG shipments.

Geopolitics

IEA recommends record 400M barrel oil release amid Iran war

Al Jazeera – News · Middle East

The International Energy Agency has agreed to release a record 400 million barrels of oil.

Geopolitics

How Poland is flexing its economic muscle in Western Europe

Deutsche Welle (DW) – World · Europe

Poland's economy is now a European star performer. A new trend suggests further momentum, with more and more Polish firms acquiring foreign companies, includin…

Geopolitics

Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend

The Guardian – World · Europe

Payment for Inditex founder, the world’s 15 richest person, tops last year’s dividend of €3.1bnThe billionaire founder of Zara is to receive a company record €…

General

Why it's so hard to get oil through the Strait of Hormuz right now

NBC News – World · US

Three ships were attacked in the Strait of Hormuz on Wednesday, a British navy-run monitoring service said, the latest in a flurry of attacks on the vital oil …

Geopolitics

Asia’s energy-reliant economies face ‘existential threat’ from prolonged Iran war

South China Morning Post – World · China

Asian economies reliant on energy imports are bracing themselves not just for a spike in oil prices but for the possibility that the Iran war could trigger a p…

Geopolitics

IEA agrees to record release of emergency oil reserves to calm surging prices

South China Morning Post – World · China

The International Energy Agency agreed on Wednesday to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects on …

Geopolitics

IEA agrees release of 400m barrels of oil from strategic reserves

Al Jazeera – News · Middle East

Proposed release is larger than the 182 million barrels of oil IEA ​members released after Russia invaded Ukraine.

Geopolitics

Not ‘a litre of oil’ to pass Strait of Hormuz, expect $200 price tag: Iran

Al Jazeera – News · Middle East

Warning comes as 400 million barrels of oil are being released from global reserves during waterway's closure.

Geopolitics

UK companies struggling to hire young people amid cost pressures, MPs told

The Guardian – World · Europe

Business lobby groups say ‘taking the risk’ of employing less-experienced workers is being avoidedBritish companies are struggling to afford to hire young peop…

Geopolitics

Can the IEA put a lid on the price per barrel by releasing oil stockpiles?

The Guardian – World · Europe

Despite rare act of multilateralism, there is no guarantee the IEA’s release of 400m barrels from reserves will depress pricesIEA poised to call for largest ev…

General

Dozens of countries agree to release 400 million barrels of oil to ease Iran war crunch

NBC News – World · US

The International Energy Agency siad member countries had unanimously agreed to release 400 million barrels of oil from their reserves

Geopolitics

CATL profit jump fuels Hong Kong battery stocks amid global energy storage boom

South China Morning Post – World · China

Betting on rising global demand for energy storage, shares of Chinese lithium battery makers continued to rally on Wednesday, led by Contemporary Amperex Techn…

Geopolitics

Malaysia tightens borders to fight fuel smuggling amid global energy crisis

South China Morning Post – World · China

Malaysia will tighten border enforcement to curb fuel smuggling and keep subsidised petrol prices unchanged as the widening US-Israeli war with Iran disrupts e…

Geopolitics

Japan to release oil reserves as early as Monday

South China Morning Post – World · China

Japan will release strategic oil reserves as early as Monday, Prime Minister Sanae Takaichi said, a unilateral move by the import-dependent Asian economy to ea…

Geopolitics

Germany, Japan to unblock oil reserves as G7 stands ‘ready’ to act

South China Morning Post – World · China

Japan and Germany said on Wednesday they would tap into their oil reserves to tackle the rise in crude prices due to the Middle East war, with Berlin saying th…

Geopolitics

4 day week, fewer car trips in Philippines as Iran fallout bites

Al Jazeera – News · Middle East

Rising fuel prices are pushing more people to use public transport and prompting a four-day work week in Manila.

Geopolitics

Which countries have seen the highest petrol prices since the Iran war?

Al Jazeera – News · Middle East

At least 85 countries have reported petrol price rises since the attacks on Iran by the US and Israel on February 28.

Geopolitics

Germany, others partially release oil reserves amid Iran war

Deutsche Welle (DW) – World · Europe

Germany, Austria, Japan, Spain and France have all indicated plans to release some of their oil reserves, a day after the International Energy Agency was debat…

Geopolitics

US inflation stayed flat at 2.4% in February before effects of war on Iran kicked in

The Guardian – World · Europe

Effect of war on prices not reflected in data, as Trump says only ‘fools’ would think oil price shocks would be significantSign up for the Breaking News US ema…

Geopolitics

Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis

The Guardian – World · Europe

More than 500 lending products pulled in biggest single upheaval since Liz Truss’s mini-budget in 2022How will war in the Middle East affect your finances?Busi…

Geopolitics

‘Nothing off the table’ as Rachel Reeves considers ‘targeted support’ over energy costs

The Guardian – World · Europe

Chancellor does not rule out ditching fuel duty rise but tells MPs it is too early to gauge if consumers need extra helpBusiness live – latest updatesRachel Re…

Geopolitics

IEA poised to call for largest ever release of stockpiled oil to reduce crude price

The Guardian – World · Europe

Members to be asked to release about 400m barrels amid supply shortages and market volatility caused by Iran warBusiness live – latest updatesMiddle East crisi…

Geopolitics

Live Updates: Japan and Germany to Release Oil as War in Iran Threatens Global Supply

The New York Times – World · US

The Strait of Hormuz, a conduit for a fifth of the world’s oil, is all but closed as war in the Middle East expands. A British agency said three ships were hit…

Geopolitics

‘No need for panic booking’: Govt says oil supplies secure, LPG prioritised for homes

Times of India – World · India

- TOI Business Desk provides global business news, covering industries, markets, economic trends, analysis, and breaking stories. - Dedicated to delivering i…

Geopolitics

European airlines add flights to Asia amid high demand, cancellations by Gulf carriers

South China Morning Post – World · China

British Airways and Deutsche Lufthansa are adding flights to Asia amid increased long-haul demand as customers seek alternatives to Middle East carriers hamstr…

Geopolitics

India opens door to more Chinese investment after 6-year freeze

South China Morning Post – World · China

India has relaxed curbs on Chinese investments in certain sectors to attract more foreign capital, as Beijing and New Delhi continue to gradually repair their …

Geopolitics

India 'great partner' in maintaining stable oil prices: US envoy on Russian imports

Times of India – World · India

The US envoy Sergio Gor has praised India as a "great partner" for its role in maintaining stable global oil prices, acknowledging New Delhi's ongoing purchase…

Startups

Cabinet Eases FDI Rules for Bordering Nations, Sets 60-Day Approval

Your Story · India

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved significant amendments to India’s Foreign Direct Investment (FDI)

Startups

From stitched panels to travelling stalls: Jhansi’s soft toy production chain

Your Story · India

Jhansi’s soft toy industry thrives through a local network of stitching units, women-led self-help groups, and exhibitions under the ODOP programme.

Geopolitics

‘A serious war is going on ... ’: Govt assures ‘no shortage of fuel’ amid LPG supply concerns

Times of India – World · India

Union Minister Piyush Goyal assured India faces no fuel shortage despite global energy market volatility. The government has invoked the Essential Commodities …

Geopolitics

Airlines hike fares as Middle East conflict sends fuel costs soaring

Times of India – World · India

Escalating US-Iran tensions are causing sharp volatility in oil markets and significantly impacting the aviation industry. Airlines are raising fares and fuel …

Geopolitics

LPG crisis LIVE: Commercial LPG shortage hits hotels, restaurants across India

The Hindu – World · India

With the widening West Asia conflict disrupting energy supplies, many hotels, restaurants across the country on Tuesday claimed that they were facing hardships…

Geopolitics

Halo trade reshapes Wall Street portfolios. Is China set to lead the heavy-asset era?

South China Morning Post – World · China

Halo, short for heavy assets, low obsolescence, has emerged as a major Wall Street theme in recent weeks. Investors are rotating from tech stocks to companies …

Geopolitics

Iran war shock derails Thailand’s economic reboot under PM Anutin

South China Morning Post – World · China

Thailand’s Prime Minister Anutin Charnvirakul has finalised his coalition partners and tapped allies for cabinet posts, but the spillover from the war in the M…

Geopolitics

Oil prices swing wildly amid mixed messages over Iran war

Al Jazeera – News · Middle East

Crude oil prices fall sharply as energy markets remain on tenterhooks over effective closure of the Strait of Hormuz.

Geopolitics

Australians hit by soaring petrol prices now face expected blow of interest rate rise

The Guardian – World · Europe

Economists predict RBA board will hike cash rate to 4.1% next week as inflation climbs and energy costs surgeFollow our Australia news live blog for latest upd…

Geopolitics

IEA proposes largest oil reserve release of 182 million barrels to ease crude prices

Times of India – World · India

Amidst soaring crude oil prices due to the US-Iran conflict and Strait of Hormuz disruptions, the International Energy Agency is proposing a record oil reserve…

Geopolitics

'Historic $300bn deal': US to get new oil refinery with Reliance backing; Trump calls it 'massive win'

Times of India – World · India

India's Reliance Industries is set to invest in America's first new oil refinery in 50 years, planned for Brownsville, Texas. US President Donald Trump announ…

Disclaimer

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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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