Category: Economy
India rice exports hit by Iran crisis: Exporters seek urgent govt support
New Delhi: Rice exporters have sought urgent government support to mitigate the impact of shipping disruptions triggered by the Iran crisis and instability across key…
Iran war may hurt India’s growth more than inflation, RBI expected to hold steady
The U.S. and Israel’s attack on Iran is expected to weigh more on India’s economic growth than its inflation, which will encourage the Reserve Bank…
India, Finland sign MoUs as PM Modi and Alexander Stubb elevate ties to strategic partnership
New Delhi: Prime Minister Narendra Modi on Thursday held bilateral talks with Finnish President Alexander Stubb at Hyderabad House, with both leaders agreeing to expand…
US-India trade deal inches toward finish line, says Deputy Secretary Landau
US Deputy Secretary of State Christopher Landau on Thursday said a long-anticipated trade agreement between the United States and India is “close to the finish…
Middle East conflict poses near-term challenges to Indian economy: RBI MPC member
Conflict in the Middle East poses some immediate-term challenges for the Indian economy but is unlikely to dent long-term economic growth momentum, an external member…
Tensions in West Asia: Apparel exporters in troubled waters
Kolkata: Indian apparel exporters are bracing for delays and higher costs on shipments to the UAE, their fourth-largest market, as tensions in West Asia threaten…
Service sector activity slightly eases in February; exports pick up: PMI
India’s services sector lost a bit of momentum in February, as growth in new business slowed to its weakest pace in 13 months and operating…
Indian fruit, vegetable exporters a worried lot as Iran war upsets all calculations
Ramzan and Easter, a critical season for Indian fruits and vegetables exporters catering to markets in West Asia and Europe, turned out to be time…
Iran war disrupts global ocean freight and air cargo supply chains beyond oil
NEW YORK: The Iran war has effectively halted oil tanker movement in the key Strait of Hormuz. But it’s also disrupting the wider global supply…
India’s services growth moderated in February as cost pressures mount, PMI shows
BENGALURU: India’s services sector growth slowed in February as new business rose at its slowest pace in over a year and firms faced the steepest…