Tag: Iran war impact

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Posted in Economy

Israel, Iran War: Goldman Sachs slashes India growth forecast, warns currency strain will force rate hike

Mumbai: Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the South…

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Posted in Economy

Spice exporters brace for tough times as US buyers stay away

Buyers from the US have suspended reaching out to Indian spice exporters since the onset of the Iran war, signalling an early disruption in the…

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A file photo of Maruti Suzuki car plant in India. (Reuters)
Posted in Business

India’s auto boom at risk as Iran war chokes gas supply at car plants| Business News

India’s automakers and parts suppliers are bracing for production slowdowns and assembly-line disruptions as the Iran war chokes gas supply, threatening growth in the world’s…

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The Bombay Stock Exchange building in Mumbai. (Reuters)
Posted in Business

Iran war drags down everything, everywhere all at once for India Inc.—from Sensex to Nifty 50 and Rupee| Business News

India’s stock market suffered a across-the-board selloff Friday as an intensifying Iran war in West Asia pushed crude oil prices above $100 a barrel, threatening…

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A 40% surge in Corona Remedies' share price gave the company a market capitalisation of nearly  ₹9,000 crore. (HT)
Posted in Business

India’s inflation rate rises to 3.21% in February before Iran war impact shows| Business News

India’s inflation rate rose in February even before the full impact of the Iran war shows on the world’s fourth largest economy. However, it’s still…

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The Bombay Stock Exchange in Mumbai. (Reuters)
Posted in Business

Iran war wipes out ₹25 lakh crore in investor wealth in just five sessions| Business News

India’s stock market extended their steepest slide in six years due to an escalating Iran war. That’s wiped out more than ₹25 lakh crore in…

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MF Managing Director Kristalina Georgieva. (Reuters)
Posted in Business

‘Think of the unthinkable and prepare for it’, IMF warns on Iran war impact on global economy| Business News

The International Monetary Fund has warned of inflation risks from an escalating Iran war, as a direct fallout is the surge in crude oil prices….

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Smoke rises following a strike on the Bapco Oil Refinery, amid the U.S.-Israeli conflict with Iran, on Sitra Island Bahrain, March 9, 2026. REUTERS/Stringer (REUTERS)
Posted in Business

Bahrain’s Bapco Energies declares ‘force majeure’ after Iran attack| Business News

Bahrain’s state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refinery ablaze. Smoke rises…

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A black plume of smoke rises from a warehouse in the industrial area of Sharjah City following reports of Iranian strikes in Dubai on 1 March 2026. (AP)
Posted in Business

Asia’s ultra-rich is having second thoughts on Dubai as Iran war rages| Business News

Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles a city that has attracted billions from across the…

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