Category: Economy
Millions of barrels of Russian oil are already close to India
More than 15 million barrels of Russian oil are floating within easy reach of India, offering the nation a quick fix to Middle East supply…
From fertilisers to rice, pulses, tea and apples: Middle East conflict threatens India-Iran agri trade
The Middle East, involving Iran, Israel and the US, could put India in a difficult position, as it threatens shipments of agricultural commodities like rice,…
Centre may extend sector & sponsored schemes beyond April 1 amid ongoing review
New Delhi: The government may allow several central sector and centrally sponsored schemes to continue in their current format beyond April 1, as ministries are…
Stranded West Asia cargo sees anchor in local market
New Delhi: Exporters with stranded containers at Indian ports due to the West Asia conflict have started filing ‘back to town’ applications to avoid paying…
West Asia conflict disrupts India’s gems and jewellery trade; diamond shipments halted
Mumbai: The West Asia conflict has disrupted India’s gems and jewellery exports, as well as imports of rough diamonds from the United Arab Emirates, because…
MoSPI to launch new surveys, boost high-frequency economic indicators: Saurabh Garg
Following the base year revision of the Consumer Price Index (CPI) and Gross Domestic Product (GDP), the statistics ministry is now focusing on developing an…
Not going, bananas: Ramzan ripe time for most-exported fruit but Iran war a spoiler
Pune: Bananas-India’s top fruit export by volume-have become the unlikely casualty of the festering conflict in West Asia. The closure of Strait of Hormuz, the…
US-India trade deal is almost at finish line: US Deputy Secretary of State Landau
New Delhi, The United States will work with India to make sure that its short and long-term energy needs are met, US Deputy Secretary of…
Every $10 per barrel rise in crude oil prices can shave about 0.5% off India’s GDP growth: SMC’s Bharti
New Delhi: Every USD 10 per barrel increase in global crude oil prices could reduce India’s GDP growth by about 0.5 per cent and add…
India seeks US marine cover for Middle East energy cargoes, source says
New Delhi: India is in talks with the United States to secure marine cover for vessels shipping oil from the Middle East, as New Delhi…