5075: India’s new trade channels, industries react to gas curbs & sports deals continue | MC Editor's Picks
In this edition of Moneycontrol Editor’s Picks, we bring you the latest on the economic fallout of the Israel-Iran war. Find our comprehensive coverage inside, from the impact of gas production curbs on industry and supply chain blockages to the market reaction. Also, tune in to learn about the major deals and transactions that continue unabated despite the West Asia crisis.
5074: LPG price hike comes for your Uber, Ola, Rapido ride; West Asia war clouds stall Indian startup IPOs, deals; and TN govt to invest in three deeptech startups
In today’s Tech3 from Moneycontrol, rising LPG prices linked to West Asia tensions begin hitting ride-hailing drivers and restaurant kitchens across Indian cities. The same geopolitical uncertainty is also making bankers cautious about upcoming startup IPOs. We also look at how changes to Press Note 3 could speed up foreign investment approvals in India’s electronics and semiconductor ecosystem. And Tamil Nadu’s industrial arm TIDCO is preparing to invest in deep-tech startups, including Raptee Energy, Agnikul Cosmos and iVP Semiconductor.
5073: Fuel impact on your food, stocks recover from shock & China’s military push | MC Editor's Picks
In this edition of Moneycontrol Editor’s Picks find what the scarcity of commercial LPG could mean for your restaurant menus, what the cabinet approval to changes in Press Note 3 signal, how elevated fuel prices could impact India’s current account deficit as the government foots subsidies, why the finance ministry is tracking the rupee’s level on an hourly basis and also take a deep dive into why the current crisis is a triple shock for India. There’s all this and more inside.
5072: The Israel–Iran war is coming for your masala dosa; Iran war won't stall India's new semiconductor mission; and Groww-th before the war | MC Tech3
In today’s Tech3 from Moneycontrol, the Israel–Iran war begins to disrupt LPG supplies for restaurants, raising concerns for food delivery platforms and menu prices. The government says India’s semiconductor mission remains on track despite shipping disruptions in the Strait of Hormuz. Brokerage platforms like Groww continue to add investors, though market volatility could test momentum. And the Centre has discussed easing FDI rules for Chinese investments in non-sensitive sectors, though a final decision is yet to be cleared by the Union Cabinet.
5071: Oil surges past $100, precious metals decline, equities in shock due to West Asia unrest | MC Editor's Picks
Crude prices surged past $100 a barrel, G7 countries are conferring on an emergency strategy to calm oil markets, and India tries to secure additional supplies. Even precious metals have lost their lustre amid the West Asia unrest. Meanwhile, cost of evacuation from Gulf countries has skyrocketed due to costly insurance premiums, airspace closures and scarcity of flights. Amid the uncertainty, Indian cricket fans are celebrating and domestic consumer demand remains strong. Tune in for the details and unpack all the day's major developments in the latest Moneycontrol Editor’s Picks.