Hang seng slides as US-Iran conflict weighs on Asian markets; brent crude spikes 5%, OPEC warns of supply risk – Times of India

Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran’s key nuclear facilities on Sunday. The move ended days of speculation over whether the US President Donald Trump would join Israel in its confrontation with Iran.While prices surged initially, they soon pared gains. The attacks on Fordow, Natanz and…

‘Not a good indicator, what counts is…’: India overtaking Japan to be 4th largest economy no reason to be smug; WEF ex-MD serves reality check – Times of India

For India to achieve its goal of becoming a $ 7-trillion economy by 2030, the country needs to strengthen its industrial sector, according to Smadja. (AI image) India overtaking Japan to become the fourth largest economy soon is not something to be complacent about, World Economic Forum’s (WEF) former MD Claude Smadja has said. Giving…