The war has curtailed most shipping through the Strait of Hormuz, a key route for Gulf producers to export aluminium and import raw materials. Two regional smelters were hit by Iranian strikes in late March.
She said she was "optimistic" that once the war is over, supply disruptions will end and there will be a "temporary" impact on inflation and a "minimal" hit to overall economic activity. But Bowman added, "should disruptions persist well into the second half of the year, we could start to see broader effects on inflation."
According to LSEG Lipper data, investors bought a net $1.97 billion of U.S. equity funds, compared with a net $12 billion of selling in the previous week.
The results underscore a widening split in consumer spending, with record-low sentiment driven by the Iran war forcing lower-income households to cut back, even as higher-income shoppers remain selectively willing to spend.
India's residential real estate market is increasingly being dominated by developers who have diversified beyond their 'home' markets to establish multi-regional footprints, the consultant noted.
SEBI has relaxed nomination norms for demat accounts and mutual funds starting September 1, 2026. Nomination is mandatory for single holders unless opted out, but optional for joint accounts. The process is simplified, reducing documentation and enabling digital submissions.
Following robust financial results, Dell's stock soared, reflecting a successful pivot toward AI servers that has truly paid off, surpassing the company's historical reliance on PC sales. This evolution strategically positions Dell at the forefront of the booming AI infrastructure industry. Other server companies also enjoyed beneficial stock trends.
Sebi has closed adjudication proceedings against NDTV without penalty, concluding the company did not violate disclosure requirements. The decision follows a 2022 Securities Appellate Tribunal ruling that the 2009 loan agreement did not constitute a change in control.
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