Back home, the ripple effects of elevated energy prices are beginning to show. The government raised aviation turbine fuel prices steeply for non-scheduled operators, while oil marketing companies are likely to face losses on domestic LPG sales, raising the prospect of a fiscal burden.
Policy and corporate developments remained in focus, with India retained on the US Priority Watch List over intellectual property concerns, while the Finance Ministry cleared over ₹1 lakh crore for the next phase of the semiconductor mission. In the technology space, AI-led investments gathered pace globally, even as restructuring pressures intensified across companies.
Here are the top 10 stories shaping business and policy today.
Marco Rubio says Iran war objectives near completion; Trump, Starmer to address US, UK on West Asia
The United States has indicated that it is close to achieving its strategic objectives of initiating a unilateral war on Iran, with Secretary of State Marco Rubio suggesting the conflict could wind down in the coming weeks.
Read More Here
Crude oil prices see sharp fall from day’s high; Brent slips below $100 a barrel
Crude oil prices have seen a sharp reversal from the highs of the day, extending losses from an overnight drop that triggered a rally in risk assets across Europe and Wall Street.
Read More Here
Donald Trump says NATO a ‘paper tiger,’ considers US exit after allies reject military support against Iran
US President Donald Trump has said he is strongly considering withdrawing the United States from NATO after allies declined to support military action against Iran. In an interview with The Telegraph, Trump described the alliance as a ‘paper tiger’ and said removing America from the defence treaty is now “beyond reconsideration.”
Read More Here
India hikes ATF prices by 115% for non-scheduled carriers, charters amid West Asia crisis; govt eyes relief
Initially, the ATF rate list on IndianOil website didn’t clearly mention if the hike was for domestic airlines. Airlines told CNBC-TV18 the new prices were for non-scheduled carriers and charters.
Read More Here
OMCs stare at significant losses on domestic LPG sales; govt likely to take a fiscal hit on compensating OMCs
The Finance Ministry is likely to see a significant fiscal hit on India’s oil maths going haywire due to the war in West Asia.
Read More Here
Closing Bell | Markets snap two-day losing streak but 23,000 remains a barrier for Nifty
Indian markets snapped a two-day losing streak, with the Sensex rising 1,187 points and Nifty nearing 22,700, led by heavyweights, while broader markets outperformed with strong buying across sectors.
Read More Here
US Trade Representative Report keeps India on ‘Priority Watch List’ over intellectual property concerns
The US Trade Representative’s (USTR) 2025 Report has once again placed India on its ‘Priority Watch List,’ citing intellectual property concerns while also flagging issues such as internet shutdowns, data localisation rules, and high tariffs. Meanwhile, New Delhi is seeking a temporary reprieve from the proposed reciprocal tariffs, set to be imposed from April 2.
Read More Here
AI Watch | OpenAI’s $122 billion funding, Oracle job cuts, and Nvidia’s stack expansion
AI investments are surging globally, led by OpenAI closing a record $122 billion funding round backed by Amazon, Nvidia and SoftBank. The funding highlights a self-sustaining ecosystem where capital flows back into cloud and chip spending. Meanwhile, Oracle plans to cut up to 18% of its workforce as AI reshapes cost structures. Nvidia is also expanding its footprint with a $2 billion stake in Marvell, signalling deeper vertical integration across the AI value chain.
Read More Here
Also read: Oracle sends 6 am layoff emails to 12,000 employees in India: ‘Today is your last day’
Finance Ministry clears over ₹1 lakh cr for India Semiconductor Mission 2.0; Cabinet nod likely soon
The Finance Ministry has cleared an allocation of over ₹1 lakh crore for the second phase of the India Semiconductor Mission (ISM 2.0), sources told CNBC-TV18.
Read More Here
Warren Buffett warns inflation, fragile banks could hurt economy; says markets behaving like a “casino”
Veteran investor Warren Buffett has warned that inflation and hidden risks in the financial system could destabilise the global economy, even as markets appear relatively calm.
Read More Here
We’ll see you on Thursday with another engaging ‘Top 10@10’
Source link
#Top #stories #Jet #fuel #costs #double #Nifty #regains #lost #ground #Trumps #fresh #warning #allies #CNBC #TV18
