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Posted in Economy

India may face $7–8 billion higher monthly import bill as crude surges

New Delhi: India could face an additional foreign currency outflow of USD 7-8 billion per month due to the surge in international energy prices, following…

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Posted in Economy

FTAs to provide huge export opportunities for pharma, healthcare sectors: Piyush Goyal

New Delhi: The nine free trade agreements (FTAs) finalised by India in the last four years will provide huge business opportunities for the domestic pharma…

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Posted in Economy

Iran war hits tea export; Assam releases ₹94.7 crore support

Guwahati: While Iran- Israel and US war has hard hit the tea export, Assam government released Rs 94.70 crores under Assam Tea Industries Special Incentive…

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Posted in Economy

Place audit orders in public domain to boost trust: CIC to NFRA

New Delhi: The Central Information Commission (CIC) has advised the National Financial Reporting Authority (NFRA) to place orders, directions, circulars and policy decisions affecting audit…

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Posted in Economy

$50 oil surge could wipe out 2% of India’s GDP, warns Axis Bank’s Neelkanth Mishra

Mumbai: In a sharp assessment of India’s macroeconomic vulnerabilities, Neelkanth Mishra, Chief Economist of Axis Bank and Head of Global Research at Axis Capital, warned…

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Posted in Economy

Oil, rupee, markets: All alarms are blaring for India’s economy

Indian financial markets were jolted on Monday as a sharp spike in global oil prices triggered a broad sell-off across currencies and equities, exposing the…

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Posted in Economy

$100 oil shock set to strain Asia’s cash-strapped governments

Asia’s governments will have to stretch their budgets or risk unleashing an inflation shock as the deepening conflict in the Middle East pushes oil prices…

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Posted in Economy

India’s shrimp exports surge past Rs 50k crore amidst US tariff challenges

Kolkata: An analysis of 63 shrimp exporters rated by Crisil Ratings, accounting for 55% of the industry’s revenue, shows that India’s shrimp exports are set…

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Posted in Economy

Iran conflict could increase challenges for emerging market sovereigns: Fitch

New Delhi: Fitch Ratings on Monday said the Iran conflict could raise additional challenges for some emerging market sovereigns in areas like energy imports, remittances…

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The Bombay Stock Exchange in Mumbai. (Reuters)
Posted in Business

Iran war wipes out ₹25 lakh crore in investor wealth in just five sessions| Business News

India’s stock market extended their steepest slide in six years due to an escalating Iran war. That’s wiped out more than ₹25 lakh crore in…

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