Oil surges over 25% to $116.5 per barrel

Experts warn that if geopolitical tensions continue to escalate and supply disruptions persist, oil prices could remain volatile and may move towards the $150 level in the coming period. Illustration: Dado Ruvic/Reuters Key Points A 20 per cent global shortage

Rishi Kohli: ‘Budget Likely To Be Non-Event For Markets’

‘When markets go into a Budget with excessive optimism, the risk of disappointment is higher.’ IMAGE: Finance Minister Nirmala Sitharaman holds a pre-Budget interaction with students of the Delhi School of Economics, January 8, 2026. Photograph: @nsitharamanoffc X/ANI Photo It