Category: Economy

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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…

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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,…

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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…

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Middle East conflict, rising oil prices threaten to slow India IT growth to 2–3% in FY27
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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…

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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…

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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…

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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…

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New fuel emission norms: Govt to take consensual view before implementation for automakers

New Delhi: The government will take a consensual view before implementing the CAFE-III rules, which seek to limit average fuel consumption and carbon emissions across…

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Iran tensions threaten India rice exports with shipping snags, payment risks

Chandigarh: Rice exporters in Haryana are staring at payment delays and disruptions to shipments headed to Iran and Afghanistan following the US and Israeli military…

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India’s GST collections rise 8.1% YoY to Rs 1.83 lakh crore in February

India’s gross Goods and Services Tax (GST) collection rose to Rs 1.83 lakh crore in February 2026, reporting a rise of by 8.1% as compared…

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