World Updates

According to a Reuters article using a classified document dated October 6, 2025, which has not been made public, an anti-trust investigation of 28 steel manufacturers, including Tata Steel and JSW Steel, determined that these businesses had violated antitrust laws by coordinating over price. CCI Investigation Into Steel Price Collusion According to a CCI order … Read more

In early trade on Wednesday, the rupee gained 26 paise to reach 89.92, indicating a little increase versus the US dollar. This resulted from declining crude oil prices and a weaker currency internationally. Tuesday marked the conclusion of the currency’s four-day fall with upward movement. Rupee Strengthens Against US Dollar in Early Trade The rupee … Read more

According to two persons familiar with the situation, the Financial Times reported on Tuesday that Chinese authorities are examining Meta’s $2 billion purchase of artificial intelligence firm Manus for potential breaches of technology control. China Reviews Meta’s $2 Billion AI Acquisition Reuters was unable to confirm the information right away. Requests for feedback received no … Read more

Following US President Donald Trump’s announcement that Venezuela will provide the US with millions of barrels of oil, crude oil prices dropped more than 1% on Wednesday morning. Crude Oil Prices Slide After Venezuela Oil Announcement Wednesday at 9.56 a.m., February WTI (West Texas Intermediate) crude oil futures were at $56.26, down 1.52 percent, while … Read more

According to President Donald Trump, Venezuela would give up up to 50 million barrels of oil to the United States, which would be worth around $2.8 billion at the current market price. He also said that the revenues from the sale of the cargoes would benefit both nations. Trump Announces Venezuelan Oil Transfer The declaration, … Read more