Oil price shock to widen current account deficit, push inflation higher as US-Iran war continues: Expert
New Delhi: With no sign of the US-Iran war ending and global oil prices likely to reach record highs within a quarter, Santosh Mehrotra, former…
WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: Report
New Delhi: With the US-Iran conflict keeping global crude oil prices elevated and the Strait of Hormuz disruption pushing up metal costs, the economic research…
Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities
New Delhi [India], May 16 (ANI): With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account…
India’s April exports jump 13.8%, trade gap widens to 3-month high
New Delhi: Driven by electronics, engineering goods and petroleum products, India’s goods exports rose 13.78% on year in April to $43.56 billion, the highest monthly…
GST Tribunal revamps appeal process: Division bench review now mandatory for appeals
New Delhi: The GST Appellate Tribunal (GSTAT) has revamped its process for handling appeals, requiring all pending and new cases to be reviewed by a…
Fuel price hike may push inflation up by 20 bps, say experts
New Delhi: Retail inflation could accelerate by 15-20 basis points (0.15-0.20 percentage points) in the coming months following the fuel price hike announced on Friday,…
Steel safeguard measure hits India-UK trade pact rollout
New Delhi:India’s India’s free trade agreement (FTA) with the UK, initially expected to be implemented by May, has hit an expected hurdle over Britain’s new…
India looks to consolidate East Africa economic partnership amid global supply chain shifts
As global trade patterns undergo significant realignment and supply-chain resilience becomes a strategic priority, India’s economic engagement with East Africa is emerging as an increasingly…
Economists warn fuel, milk price hikes may raise retail inflation by up to 0.42%
Mumbai: The recent increase in fuel and milk prices is expected to push up retail inflation by 0.42 per cent in the coming months, economists…
Why Sarvam’s Vivek Raghavan calls ‘data in motion’ the most valuable asset for AI startups
Sarvam AI cofounder Vivek Raghavan believes that “data in motion” — usage data generated by users interacting with artificial intelligence (AI) systems — is emerging…