Asian stocks opened higher, with South Korea leading gains, while crude oil fluctuated amid mixed Middle East signals. Strong tech earnings supported US equity futures, which traded with caution after record highs. Markets reacted optimistically to President Trump’s statement on guiding ships through the Strait of Hormuz, though Iran issued a warning.
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign
May 31, 2026