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Latest News

India retail vehicle sales jump 25.3% in March, dealers flag near-term West Asia supply risks

April 6, 2026
Finance

April 6 (Reuters) – India’s auto dealers warned of ​possible supply disruptions ‌in the near term, from the ​West Asia conflict, ​even as Indian retail ⁠vehicle sales ​rose 25.28% in March, ​closing the financial year on a strong ​note on sustained ​momentum from tax cuts ‌that ⁠improved affordability, the Federation of Automobile Dealers Associations (FADA) said ​on ​Monday. Passenger ⁠vehicle sales rose 21.48% year-over-year ​in March, ​while ⁠two-wheeler sales rose 28.68% and commercial ⁠vehicle ​sales rose ​15.12%, FADA said.

Asian shares mostly gain while oil prices keep rising

April 6, 2026
Finance

TOKYO, April 6, 2026 (AP) — Asian markets that were open for trading mostly rose Monday, as investors continued to closely watch the war in Iran, soaring oil prices and what President Donald Trump might say next. Japan’s benchmark Nikkei 225 rose nearly 1.1% to 53,692.42 in morning trading. South Korea’s Kospi gained 1.5% to 5,460.24. Trading was closed in Australia for Easter, and in Hong Kong and Shanghai for a traditional Chinese holiday. The Tuesday deadline Trump has given for Iran to open the Strait of Hormuz is looming. Some analyst fear the war may escalate after that. Over

Oil prices rise as US-Israeli war with Iran continues to disrupt supply

April 6, 2026
Finance

TOKYO, April 6 (Reuters) – Oil prices climbed on Monday ‌on continuing fears of supply losses because of shipping disruptions in the key Middle East producing region from the U.S.-Israeli war with Iran. Brent crude futures rose $1.71, or 1.6%, to $110.74 a barrel by 0057 GMT. U.S. West Texas Intermediate crude futures gained $0.71, or 0.6%, to trade ​at $112.25 per barrel. On Thursday, the last trading day before the Good Friday holiday break, WTI ​settled up more than 11% and Brent soared nearly 8% in volatile trading, recording ⁠their biggest absolute price increase since 2020, as U.S. President

Rail Neer scam: CIC pulls up IRCTC for denying RTI data on disclosure of CBI, ED cases in tenders

April 5, 2026
Corruption

New Delhi, Apr 5 (PTI) The Central Information Commission has pulled up the IRCTC, the catering arm of the Indian Railways, over the denial of information on an RTI plea seeking to know if companies bidding for railway tenders had disclosed their alleged links to the Rail Neer ‘scam’ and related cases probed by central agencies. The RTI applicant had asked the Indian Railway Catering and Tourism Corporation (IRCTC) if the bidders clearly mentioned the CBI or ED cases against their names, if any, in their tender documents. The Rail Neer ‘scam’ was a 2015 corruption case investigated by the

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