Tag: Iran War
India’s FY27 fiscal deficit target faces oil price risks amid Iran war: ICRA
Elevated global energy prices linked to geopolitical developments in West Asia could put pressure on India’s fiscal position in FY27, although available buffers are likely…
Expensive crude oil: An inflation India might benefit from
The oil markets are rattled. Iran has decided to play bouncer at the Strait of Hormuz and oil prices are over $100 with confident predictions…
Saudi Aramco is set to ship less crude oil to India, China amid raging Iran war| Business News
Saudi Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging across the…
Rupee slide may fuel imported inflation risks, say experts
New Delhi: A slide in the rupee could stoke fresh concerns around imported inflation, economists warn, as elevated oil and commodity prices and increased logistics…
India’s vegetable oil buyers step back, betting Iran war-driven rally will ease
Mumbai: Indian vegetable oil refineries are curtailing purchases of palm oil, soyoil and sunflower oil, betting that the Iran war-driven price rally will not last…
India’s private sector growth hits three-year low as Iran war saps demand| Business News
India’s private sector expanded at its weakest pace in over three years in March as price shocks from the Iran war dampened domestic demand, yet…
From India to Italy, Trump’s Iran war is rippling through the world economy
The supply shockwaves from the US and Israel’s war in Iran are spreading across the global economy, raising concerns about an inflation hit to companies…
Exporters, freight forwarders seek government help as war surcharges on cargo surge
Mumbai: Exporters and freight forwarders have sought the government’s intervention after global shipping lines began imposing steep war-risk surcharges on cargo to and from the…
India’s trade deficit narrows before Iran war impact shows on economy| Business News
India’s trade deficit narrowed more than expected in February as a cooling import bill offset stagnant exports, but that was before the Iran war took…
Modi-govt walks fine line between Iran and US as war hits economy
India’s Prime Minister Narendra Modi is stepping up engagement with Iran as a worsening conflict in the Middle East causes severe gas shortages in the…