US mortgage rates rise to 6% after three-week slide as oil-driven bond yields climb

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AI helps wealthtech firms do more with leaner teams

Indian wealthtech platforms are integrating AI to personalize investing and speed up product launches. Companies like INDmoney, Upstox, and Groww are using AI to enhance user experience, improve internal productivity, and accelerate feature rollouts. This allows them to scale operations and deliver new products efficiently without significant headcount increases.

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Oil companies may cushion impact of spike - report

Oil marketing companies are absorbing recent crude oil price spikes, creating a buffer against inflation and GDP impacts. Despite a 16.8% rise in Brent crude, a full pass-through to consumers is unlikely, with OMCs expected to manage the increase through their margins. This strategy helps cushion India's economy from geopolitical shocks affecting its heavy reliance on imported oil.

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Middle East disruption pushes oil prices higher: Could Russia gain financially and fund its Ukraine war longer?

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Working to tackle impact, staff safety priority: Chandra

Tata Sons chairman N Chandrasekaran acknowledged the West Asia conflict's supply chain impact. He assured that Tata companies have planned alternative measures and are prioritizing employee safety in affected regions. Investments in technology, including hydrogen engines and carbon footprint reduction, are ongoing. New manufacturing jobs are expected with Tata Steel's expansion. AI will create opportunities for TCS.

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Middle East tensions: Global insurers exit Iranian waters as conflict deepens

Reinsurers, P&I Clubs Cancel War Cover, In 'Wait & Watch' Mode

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Russia says India hints ‘renewed interest’ in more crude imports amid Iran crisis

Russia reports India's renewed interest in larger crude oil imports amid Strait of Hormuz disruptions. Moscow sees this as a chance to reduce discounts to Asian buyers. India, however, assures sufficient reserves and diversified sourcing, with only 40% of its crude imports passing through the critical waterway.

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