Category: Economy
West Asia conflict hits Surat textile sector, shipping costs surge 400%
Ahmedabad: The ongoing conflict in West Asia is casting its shadow on the textile sector in Surat, leaving industry leaders worried with shipping costs going…
Middle East conflict energy markets: Russia said to fulfil India’s energy demand amid Middle East crisis
Russia has conveyed its readiness to continue supplying energy to India if disruptions from the escalating West Asia conflict affect supplies from the Gulf region,…
NHAI awards 111 km-long Odisha Ring Road project to three concessionaires
The National Highways Authority of India (NHAI) has awarded the construction of a six-lane access-controlled greenfield capital region ring road (Bhubaneswar Bypass) project in Odisha…
West Asian crisis: India braces for market impact; growth momentum on track
New Delhi: India is bracing to contain the impact of an expected sharp volatility in the global markets in the short term, senior government officials…
Qatar declares force majeure, gas supplies to Indian industry cut amid Iranian strikes
New Delhi, Qatar, India’s largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of…
India’s growth is structural, not cyclical
India’s economic expansion is increasingly investment-led, reform-backed, and policy-supported, rather than dependent on short-term fiscal stimulus, or cyclical consumption surges. One of the clearest indicators…
India starts countervailing duty probe against Chinese PVC resins
New Delhi, India has initiated a countervailing duty investigation against imports of Chinese PVC resins, used in multiple sectors including pipes, bottles, and cables, following…
Indian basmati held up at ports and in transit as Iran war halts new deals
MUMBAI: About 400,000 metric tons of Indian basmati rice are backed up at ports and in transit, and export deals have dried up as freight…
UN flags possible El Nino comeback this year as neutral conditions emerge
Geneva: The warming El Nino weather phenomenon could return later this year as its cooling opposite La Nina fades away, the United Nations said Tuesday….
Israel-Iran war to discourage investment into India, offset trade deal positives: BMI
New Delhi: Fitch Group company BMI on Tuesday said that the ongoing conflict in the Middle East could discourage investment in India, and offset the…