Business updates

Business updates

Strait of Hormuz holds global economy hostage amid Iran attacks by US, Israel

This explainer covers what Strait of Hormuz is, why it matters, and what the Iran attacks by Israel and the US means for the global economy—especially India.>

What’s at stake for crude oil markets as Israel, US pile up Iran attacks

Iran sits on one side of the Strait of Hormuz — the shipping lane for about a fifth of the world’s crude from key suppliers including Saudi Arabia and Iraq.>

Deja vu for India trade as Iran attacks threaten exports, crude oil imports

The Iran attacks by Israel and US carry the twin threat of inflation and currency depreciation for India, since 65% of oil imports comes through the Suez Canal.>

OPEC+ to weigh bigger increase in crude oil supply after Iran attacks by US, Israel

The Iran attacks mark the culmination of a geopolitical crisis that has pushed up crude oil prices this year despite widespread expectations of a surplus.>

What a Warner Bros-Paramount colossus would look like

Netflix exits Warner bid as Paramount Skydance moves on $111bn merger to create HBO Max, CNN, CBS streaming giant>

Fino Payments Bank CEO Rishi Gupta arrested in GST probe amid financial strain

Fino Payments Bank says no other bank officials are involved and that the probe has "presently no impact" on its operations.>

OpenAI gets $110-billion funding from Nvidia, Amazon, SoftBank ahead of IPO

We have a lot of work to do to bring you the tools you deserve, OpenAI CEO Sam Altman says.>

Deepinder Goyal's Temple gets $54 million in seed funding round, begins hiring

Deepinder Goyal's Temple has at least 12 job opening for engineers and designers, according to his post on X.>

Oppo Pad 5’s early yet restrained Android tablet bet, lands well enough

A large display, excellent battery and 5G gives this tablet almost everything a user needs, except a competition matching silicon>

India clocks GDP growth rate of 7.8% in Q3 FY26 under new series

Govt pegs India's GDP growth rate at 7.6% in FY26, as against the first advance GDP estimate of 7.4% in January 2026.>

Credits : HTimes