Santanu

OPEC+ approves fourth straight oil output hike, raises July targets by 188,000 bpd

OPEC+ on Sunday agreed to a fourth consecutive increase in oil production targets, even as the ongoing US-Iran conflict continues to restrict exports from several member countries and disrupt global energy supplies, Reuters reported.Seven core members of OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, decided to raise…

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Bullion outlook: Gold, silver investors to track Middle East tensions, US and India inflation readings

Gold and silver prices are expected to remain sensitive to developments in Middle East, movements in crude oil prices and a series of key economic data releases this week, analysts said.Market participants will closely track trade and inflation data from China and the US, consumer sentiment figures from Washington and India’s Consumer Price Index (CPI)…

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Gautam Adani regains title of Asia’s richest person as net worth hits $89.2 billion: Forbes

Billionaire industrialist Gautam Adani has regained the title of Asia’s richest person after a sharp increase in his net worth, driven by gains across listed Adani Group companies, ANI reported citing to Forbes report.Forbes reported that “Gautam Adani’s fortune increased by roughly $2.5 billion on Friday as shares rallied across his Adani Group subsidiaries,” helping…

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‘We got it wrong’: MCC breaks silence on Lord’s pitch after England Test win | Cricket News

England’s captain Ben Stokes, celebrates with teammates (AP Photo) The Marylebone Cricket Club (MCC) has acknowledged concerns surrounding the Lord’s pitch used for the opening Test between England and New Zealand, admitting that the surface did not meet the standards expected at the iconic venue.Following England’s 115-run victory on Sunday, the MCC released a statement…

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Airlines Profitability 2026: Airlines face profit crash: 2026 earnings nearly halved as fuel shock hits aviation

The global airline industry is set for a sharp downturn in profitability in 2026, with earnings almost halved compared to earlier forecasts, as the ongoing Middle East conflict pushes up fuel prices, disrupts key flight routes and strains airline operations worldwide.The International Air Transport Association said on Sunday that it now expects the industry to…

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