Russian homebuyers are facing significant delays as the country’s construction sector shows sharp signs of slowdown.

A housing boom driven by state-backed mortgage subsidies helped push record output in 2023, but the rollback of support measures and rising borrowing costs have since triggered a major downturn. Reports indicate residential completions have fallen nearly 28% year-on-year in the first quarter, while major lenders warn that the construction sector is now stagnating.

Russian Homebuyers Face Prolonged Delays

India has emerged as the world's leading ship recycling nation, overtaking traditional rivals to claim the top spot in the global industry. The milestone underscores India's growing dominance in maritime recycling and its expanding role in the global shipping economy.

India Overtakes Rivals to Become World's Top Ship Recycler 

New Delhi has made its most aggressive pitch to global capital markets. Through the income tax amendment, India has wiped out both the 20 percent withholding tax on interest income, and the 12.5 percent long-term capital gains tax on government bonds for foreign investors.


India Unlocks Bond Market For Global Funds

Can Mother Dairy transform itself from a Delhi-NCR dairy giant into a true pan-India food powerhouse? In this edition of Big Business Bet, WION’s Kanishka Sarkar speaks to Dr Meenesh Shah, Chairman of Mother Dairy and the National Dairy Development Board. From rising input costs and milk procurement challenges to quick commerce, sustainability initiatives and competition from Amul and emerging brands, he details the growth roadmap.


Big Business Bet: Mother Dairy Milks Pan-India Growth

At the start of this decade, becoming a millionaire meant you had made it. But as we go past the halfway mark, the world is thinking in billions and chasing trillions. Our next report tracks global wealth trends that are making millions mundane in the search for the next outsized fortune. Take a look at this next report to find out more.

Million is Now Mainstream, Trillion is the New Dream

After months of relentless gains, Wall Street may be heading into its toughest test yet. With geopolitical risks, inflation concerns and a record-breaking IPO all converging at once, investors are bracing for a volatile week across global financial markets.

Markets Face Multiple Risks at Once 

The closure of the Strait of Hormuz has triggered one of the biggest disruptions in modern energy markets, but one industry has emerged as a clear winner…oil shipping. The disruption has sent tanker freight rates soaring. Industry profits hit a record 36 billion dollars in the first quarter of the year, surpassing the previous peak set during the energy crisis of 2022.


Iran War Fuels Shipping's Biggest Payday

The artificial intelligence boom has triggered one of the biggest spending waves in corporate history. Tech giants are pouring trillions of dollars into data centres, chips and AI infrastructure. But investors are now asking a simple question: is all that spending actually paying off?


Big Tech AI Spending Tops $300 Billion This Year

Prime Minister Narendra Modi’s five nation diplomatic tour has delivered a major economic boost for India. Reports suggest the visits secured an investment pipeline estimated at nearly $40 billion across sectors including, semiconductors, clean energy, logistics, defence and digital infrastructure. 


India Gains Big From PM Modi’s 5-nation Tour

Asian markets traded mostly higher after oil prices eased following reports of a delayed U.S. strike on Iran. U.S. futures edged higher after a mixed Wall Street close, as rising oil prices and inflation concerns weighed on sentiment. Tech stocks, including major chipmakers, came under pressure ahead of key earnings, keeping investors cautious.

Markets Rattled By Oil And Tech Jitters | Global Stock Update 

Indian stock markets witnessed a sharp sell-off as the Sensex plunged nearly 1,300 points while the Nifty slipped below the crucial 24,000 mark. Rising global tensions and soaring crude oil prices added to investor anxiety, with Brent crude trading around $104 per barrel. The sudden market slump wiped out massive investor wealth and triggered concerns over inflation, fuel prices, and the broader economic outlook in India.


BREAKING: Indian Markets Slide Over 1.5%

In Russia, a widening crackdown on internet services and messaging apps like Telegram is disrupting how thousands of businesses operate. From online orders to client communication, small firms say repeated restrictions, outages, and VPN dependency are costing them time, money, and customers, with no clear alternative in sight.


Russia's Internet Crackdown Disrupts Businesses

Donald Trump’s sons are rapidly expanding the family’s business footprint into emerging sectors including drones, cryptocurrency, and strategic minerals. Reports say the Trump-backed group is supporting a major tungsten project with investments and financing estimated at nearly $1.6 billion. The expansion reflects growing interest in industries tied to defense technology, critical supply chains, and digital finance as geopolitical competition and resource security become increasingly important worldwide.


Trump's Sons Expand Business Into Drones, Crypto & Minerals

Oil markets remain on edge as the United States–Iran conflict continues to create uncertainty despite a fragile ceasefire. Prices have been swinging sharply as investors struggle to assess supply risks, especially with disruptions around the Strait of Hormuz.

With energy flows impacted and no clear resolution in sight, volatility is becoming the defining theme for global oil markets. We discuss the outlook with market expert Ajay Bagga and what it means for investors and economies worldwide.

Oil Prices Remain Volatile Amid Uncertainity

The ongoing Gulf conflict is sending shockwaves through global commodity markets, and coffee is feeling the heat. Prices are surging as supply chains tighten and shipping risks rise, pushing costs from raw beans to branded products. What does this mean for businesses and consumers worldwide? Here’s a closer look at how geopolitics is brewing a fresh price crisis in your daily cup.

From Beans To Brands: Costs Explode

Businesses are now being forced to confront a growing reality: mental health is no longer separate from economic performance. It is becoming central to finances.


The Link Between Mental Health & Economics 

India's dependence on imported oil for over 85 percent of its needs makes the country extremely vulnerable to rising crude prices. The US-Israel war with Iran, now in its fifth week, has pushed oil prices over 50 percent this month. That has been the Achilles’ heel for Indian stocks and the rupee. The surge in crude to above 114 Dollars per barrel has raised concerns over inflation and macro stability. 


Indian Stock Market: Sensex, Nifty Post Worst Month Since 2020 Amid War Shock

The US dollar remains in strong demand as tensions in West Asia show no signs of easing, with markets bracing for further escalation. The absence of a diplomatic breakthrough over the weekend has kept financial markets on edge.

Investors are flocking to the dollar as a safe-haven asset, putting pressure on global currencies. In response, US trading partners are weighing options including rate hikes, market intervention and regulatory steps to stabilise their currencies.

The continued uncertainty is driving volatility across forex markets, with policymakers closely monitoring developments.

Dollar Surges As West Asia Crisis Fuels Demand, Global Currencies Under Pressure | Business Watch

Investors are closely watching how quickly stability can return as the Iran war continues to drive global uncertainty. Markets remain volatile, with rising oil prices, inflation concerns and geopolitical risks shaping sentiment.

Recent data shows global financial markets under stress, with volatility spiking and investors turning risk-averse amid fears of prolonged conflict. Oil prices have surged above $110 per barrel, adding to inflationary pressures and economic uncertainty.

The key question for markets this week remains whether tensions ease or the conflict deepens, with no clear resolution yet in sight.

US-Iran War: Global Uncertainty Keeps Investors On Edge As Iran War Dominates Outlook | WION

The US economy is undergoing a long-term structural shift, with jobs increasingly moving from manufacturing to the services sector.

This transformation has been driven by technological advancements, globalisation and outsourcing, leading to a steady decline in manufacturing employment since its peak in the 1970s.

The shift reflects deeper changes in how the US economy functions, with services now playing a central role in growth, employment and productivity.

US Economy Transitioning to Services-Led Growth | World Business Watch

Fuel prices do not fall as quickly as they rise. Even if tensions in West Asia ease and supply routes reopen, consumers may not see immediate relief at the pump.

Oil markets respond to supply shocks rapidly, but retail fuel prices adjust more slowly due to refining, transport costs and pricing mechanisms. This lag means falling crude prices do not instantly translate into cheaper petrol or diesel.

The result is a familiar pattern where prices rise like rockets but fall like feathers.

US-Iran War: Why Gas Prices May Remain High After Conflict? | World Business Watch

Global markets remain highly sensitive to developments around the Iran conflict, with sentiment swinging on each new headline.

Recent hopes of a potential end to the war briefly pulled markets back from the brink, easing some extreme central bank pricing. However, expectations remain elevated amid continued uncertainty and tight liquidity conditions across markets.

Analysts say a clear and sustained update on the Iran situation will be key for stabilising market direction.

US-Iran War: Clear Iran Update Needed for Markets to Turn | World Business Watch

Gold has lost its shine in a dramatic sell-off…plunging over 8 percent to hit a four-month low. This is the steepest weekly decline in more than four decades. As higher interest rates dent the appeal of non-yielding assets like gold, the global precious metals’ sell-off has deepened. Take a look at this report for more…


Gold Extends Slide on Rate Hike Bets

OpenAI has begun testing ads for ChatGPT users on its Free and Go subscription tiers in the US. In a post on X (formerly Twitter), the company said that ads do not influence ChatGPT’s answers and are clearly labelled as sponsored, with visual separation from responses. OpenAI said the goal of introducing ads is to keep ChatGPT free for a wider audience with fewer usage limits. The change applies only to lower-cost plans, while paid tiers such as Plus, Pro, Business, Enterprise, and Education will remain ad-free.


OpenAI To Introduce ADs on ChatGPT as New Revenue Stream

business

Business, News on Business, stories on Business, articles on Business, Business stories at Wion, Business news, Business latest news