Oil prices drop to the lowest since February on Iran supply hopes Crude oil prices extended their decline on Wednesday, falling to fresh four-month lows as signs of improving tanker movement through the Strait of Hormuz and expectations of increased Iranian exports eased concerns over supply disruptions, according to Reuters.Brent crude futures dropped $1.37, or…

As entry-level 5G smartphones became more expensive, several brands reintroduced or extended 4G models to retain buyers at the lower end NEW DELHI: India’s cheapest smartphones are disappearing fast. Rising component costs have made sub-$100 (around Rs 9,000) devices increasingly unviable for manufacturers, while giving older 4G technology an unexpected lifeline as brands look for…

Rupee began the session in red, falling 7 paise against the greenback Rupee came under pressure in early trade on Thursday, slipping 7 paise to 95.40 against the US dollar amid elevated crude oil prices and geopolitical uncertainty. The currency opened at 95.40 at the interbank foreign exchange market, after closing the previous session at…

US stock indexes traded mixed on Monday as easing Treasury yields and lower oil prices helped calm some investor concerns after last week’s bond-market selloff, according to a Reuters report.The Dow Jones Industrial Average gained 139.25 points, or 0.28 per cent, to 49,665.42 in early trading. The S&P 500 edged up 3.27 points, or 0.04…