scorecardresearch
Add as a preferred source on Google
Friday, April 17, 2026
TopicBloomberg wire

Topic: Bloomberg wire

Iran declares Strait of Hormuz ‘completely open’ as Lebanon ceasefire kicks in

“In line with ceasefire in Lebanon, passage for all commercial vessels through Strait of Hormuz is declared completely open for remaining period of ceasefire,” Iran's Foreign Minister Araghchi said.

Centre clears gold, silver import confusion ahead of Akshaya Tritiya festival

The government listed banks that are authorized to bring in bullion in the release Friday, resolving the import problems.[5:23 PM]

India power demand growth slows to 6-year low amid mild summer

Energy supplied by state power retailers rose by nearly 1% during the year—the weakest growth since 2021, when electricity consumption fell due to pandemic.

Iran war shock could be as disruptive as Covid, Indian officials say

The government is now drawing on its pandemic playbook to cushion businesses and consumers hit by gas shortages and soaring oil bills.

Indian LNG importers accelerate spot market purchases as prices dip

The purchases mark a turnaround after Indian buyers had earlier limited spot buying and canceled tenders because offers were too expensive.

Iran war spillover: India urea tender draws near $1,000 per ton offers ahead of monsoon sowing season

Global urea prices have surged since the start of the war as nearly 45% of global supplies pass through the Persian Gulf.

LNG shortage triggers extensive blackouts in Pakistan

Shortfall reached 4,500 MW with load shedding stretching beyond two hours and up to 14 hours in places as supplies from Qatar remain hit.

India receives first Iranian oil shipment in 7 years with arrival of 4 million barrels

The Jaya, a very large crude carrier fully laden with Iranian crude, is discharging its cargo at Paradip on India’s east coast this week. Felicity is doing the same at Sikka, on the West Coast.

Pakistan to suspend power supply for two hours every day to manage costs amid war in Iran

The government has instructed distribution companies to keep consumers informed about any scheduled outages, and avoid any unplanned power cuts.

Air India asks Tata, Singapore Air for funds after $2.4 billion loss

The fiscal year loss is fueled by the deadly crash of a Boeing 787 Dreamliner, closure of Pakistani airspace to Indian carriers and the West Asia conflict.

On Camera

The math behind India’s elections—Why proximity matters

It is one of the most consistent findings in electoral politics: voters are more likely to support candidates who come from their local area.

US ends oil waivers but Russian crude flows to India ‘likely to remain steady’ amid Hormuz disruption

India will need to recalibrate crude sourcing strategy as US ends waivers for Russian & Iranian oil, energy experts say. But Russian crude will likely remain central to energy basket.

Why Siliguri Corridor is strategically important for India & how it is being secured | Cut The Clutter

This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.

The world’s in a flux. India must reform, consolidate & build a strong economy

We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.