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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…
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…
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…
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…
$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…
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…
$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…
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…
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…
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…