US allows sale of stranded Iranian oil until April 19 to bring down prices
US Treasury Secretary said the waiver could release about 140 mn barrels into markets amid Hormuz disruptions, as rising fuel costs intensify inflation worries and political pressure on Trump admin
Jury finds Musk misled investors in Twitter deal, clears some fraud claims
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for USD 44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors. The civil […]
Bill to fund DHS fails again as concern grows about airport lines in US
A bill to fund the Department of Homeland Security failed to advance in the Senate amid growing concerns about long lines to get through screening at some of the country’s biggest airports. Democrats declined to provide the support needed to move the funding measure toward final passage. Senate Democratic leader Chuck Schumer, D-N.Y., said he […]
Officials flag Europe air defence gaps as US shifts missiles toward Iran
A sizeable number of US Patriot air defence missiles have been moved from Europe toward the Middle East as Washington diverts resources toward its war on Iran, leaving concerning gaps in Europe’s air defences against Russia, US defence officials have said. The officials spoke on condition of anonymity to discuss sensitive military matters. One of […]
UK approves US to use its bases to attack Iranian sites targeting Hormuz
The development comes shortly after Iran’s Foreign Minister warned that Tehran would view the UK’s decision to allow US access to its bases as ‘participation in aggression’
EU leaders brace for multi-year energy squeeze after Qatar gas plant hit
Gas prices on Thursday surged to levels not seen in three years, while the European Central Bank said a prolonged disruption would push euro-zone inflation to 6.3% and trigger a brief recession
Govt’s proposal to preload national ID app Aadhaar on phones faced pushback
The tussle over preloading state-run apps has become a recurring flashpoint between Modi’s government and tech firms
Israel will avoid future strikes on Iran’s energy sites, says Netanyahu
Israeli jets’ bombing of Iran’s South Pars field and associated infrastructure on Wednesday prompted a fresh wave of Iranian strikes against oil and gas works across the region
Best of BS Opinion: India’s test of trust in audits, education, finance
Here are the best of Business Standard’s opinion pieces for today
Skoda Auto India keeps foot on the pedal, targets 10-12% growth
Skoda Auto India targets 10-12% growth in 2026, outpacing the market, even as West Asia tensions and rising oil prices pose risks to demand and supply chains