Category: Economy
No escape for the rupee also, it could slip below 91.50/$
A likely spike in global oil prices, rising geopolitical uncertainties and risk off sentiment globally triggered by the US-Israel attack on Iran is expected to…
Stability, reforms aid India’s rise: Former RBI governor Shaktikanta Das
New Delhi: India’s evolution into a “credible” economic power is rooted in macroeconomic stability, institutional reforms and stronger balance sheets across banks and corporates, former…
Imports power growth: February GST collections rise 8.1% to ₹1.84 lakh crore
New Delhi: India’s gross goods and services tax (GST) collection increased 8.1% year-on-year to ₹1.84 lakh crore in February, driven by steady domestic demand and…
Iran conflict threatens India’s $4.5 billion electronics exports to Gulf via UAE, Hormuz route disruptions
New Delhi: The conflict in Iran could dent India’s $4.5 billion of electronics and tech exports to the Gulf despite negligible trade in these items…
CBIC introduces deferred customs duty payment facility for manufacturers-importers
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has introduced a deferred customs duty payment facility for eligible manufacturer importers. The step,…
West Asia conflict may spike dal prices; rice exports to Iran at risk
Kolkata: Indian consumers may soon have to pay more for staples such as dal as the West Asia conflict disrupts trade routes and pushes up…
Middle East conflict, rising oil prices threaten to slow India IT growth to 2–3% in FY27
New Delhi: India’s IT services sector is facing a disruption as the Middle East conflict threatens to slow tech spending and freeze expansion plans in…
We expect policy rate to be at current level or lower for a long time: Sanjay Malhotra, Governor, RBI
Reserve Bank of India governor Sanjay Malhotra told Sangita Mehta and Sruthijith KK in an interview that India’s Goldilocks phase can be sustained as macroeconomic…
Rising tensions in Middle East may impact trade, push up freight, insurance costs
New Delhi: Rising tensions in the Middle East following attacks by the US and Israel on Iran are expected to disrupt trade flows, push up…
Iran crisis: No immediate oil disruption for India; price volatility, macro impact seen
New Delhi: India is unlikely to face any immediate physical disruption in oil supplies despite escalating tensions around Iran and the Strait of Hormuz, but…