Month: March 2026

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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

India’s new GDP series to dig deeper into district economies

India’s statistical system is preparing to significantly improve how economic output is measured at the district level, a move that could help policymakers identify regional…

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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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MF Managing Director Kristalina Georgieva. (Reuters)
Posted in Business

‘Think of the unthinkable and prepare for it’, IMF warns on Iran war impact on global economy| Business News

The International Monetary Fund has warned of inflation risks from an escalating Iran war, as a direct fallout is the surge in crude oil prices….

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Smoke rises following a strike on the Bapco Oil Refinery, amid the U.S.-Israeli conflict with Iran, on Sitra Island Bahrain, March 9, 2026. REUTERS/Stringer (REUTERS)
Posted in Business

Bahrain’s Bapco Energies declares ‘force majeure’ after Iran attack| Business News

Bahrain’s state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refinery ablaze. Smoke rises…

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A black plume of smoke rises from a warehouse in the industrial area of Sharjah City following reports of Iranian strikes in Dubai on 1 March 2026. (AP)
Posted in Business

Asia’s ultra-rich is having second thoughts on Dubai as Iran war rages| Business News

Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles a city that has attracted billions from across the…

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SanDisk is selling this diminutive drive in five storage capacities — 64GB, 128GB, 256GB, 512GB and 1TB. (Official photo)
Posted in Business

SanDisk Extreme Fit reminds us of good storage, small packages, and practicality| Business News

It is no mean feat to achieve storage capacities up to 1TB in a drive that’s no wider than a typical human nail and not…

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For Indian airlines like IndiGo, fuel is the second-largest expense after labour, typically accounting for 20% to 25% of total operating costs. (Reuters)
Posted in Business

IndiGo among worst-hit as Iran war delivers crude shock to global airline stocks| Business News

India’s airline stocks took a severe beating on Monday, leading a broader Asian market selloff as surging crude oil prices and an escalating Iran war…

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