Business updates

Business updates

Apple iPhone 17e refresh builds with more speed, storage and pragmatism

With A19 chip, a new C1X modem and doubled base storage, a sharpened iPhone 17e may well come into the reckoning for anyone also considering the iPhone 17>

Apple iPad Air finally gets the M4 chip upgrade, and lot more value

Apple’s iPad Air gets the M4 chip it arguably should have had earlier, and significantly strengthens its case as Apple’s most versatile tablet>

LNG prices surge by 50% in Europe after Qatar shuts world's largest gas plant

QatarEnergy’s Ras Laffan plant, which supplies about a fifth of global LNG supply, came under drone attack, in a dramatic escalation of the Iran war.>

Iran war: Saudi Aramco shuts down Ras Tanura refinery after drone strike

Brent crude oil prices spiked to $80/barrel after reports that Saudi Aramco has shut down its Ras Tanura refinery.>

Indian Oil-led refiners eye Russian crude oil again as Iran war chokes Strait of Hormuz

Govt officials could also press Reliance Industries to divert more fuel to the domestic market, while other refiners tweak output to maximise LPG production.>

India Manufacturing PMI hits four-month high in February but export growth cools

India's Manufacturing PMI rose to 56.9 in February from January's 55.4, but undershot a preliminary estimate of 57.5. A PMI above 50 signals expansion.>

Sensex, Nifty 50 smarting from Iran war, India VIX spikes highest since June

Investors are unwilling to take fresh bets on Sensex, Nifty 50 amid acute uncertainty stemming from the Iran war and surge in crude oil prices.>

Iran war pulls down Sensex, Nifty 50 to levels not seen in months

The Nifty 50 dropped 1.24% to a one-month low of 24,865.70 while the BSE Sensex shed 1.29% to 80,238.85—the lowest in six months.>

Gold rate, MCX silver today highlights: 24-k gold rate in Delhi at ₹1,73,370 per 10 gm

MCX Gold, silver rate today highlights: In global markets, gold prices rose on Monday as geopolitical tensions rose amidst the ongoing conflict in the Middle East. Spot gold was up 1% at $5,329.39 an ounce, as of 0201 GMT, Reuters reported.>

Rupee falls to one-month low vs US dollar as Iran war jolts markets

A surge in crude oil prices, due to closure of the Strait of  Hormuz amid the Iran war, presents a compounding risk for the rupee.>

Credits : HTimes