Tag: Iran War impact on India

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Posted in Economy

Despite uncertainty, India to withstand global shocks due to strong macro fundamentals: BoB Report

New Delhi: India is expected to withstand global economic shocks despite rising uncertainty due to its strong macroeconomic fundamentals, according to a report by Bank…

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Posted in Economy

RBI plans to remain nimble to prevent persistent supply shock amid West Asia crisis

Kolkata: Reserve Bank of India governor Sanjay Malhotra said the central bank will stay agile in policymaking to ensure that the supply shocks triggered by…

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Posted in Economy

The luxury of hindsight, the urgency of foresight: What India can still get right

There is a peculiar asymmetry in statecraft, foresight is often dismissed as alarmism until events confer upon it the legitimacy of hindsight. The unfolding crisis…

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Posted in Economy

West Asia’s unquiet hour: Hidden costs and a strategic opening for India

Wars, in our time, rarely remain confined to the territories in which they erupt. They travel through oil prices, shipping lanes, data cables, and inflation…

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Investors will focus on RBI Governor Sanjay Malhotra’s 10 am speech for cues on the monetary policy path and the central bank's stance on the rupee. (AFP)
Posted in Business

Status quo on repo rate likely as Iran war weighs on rupee, India’s GDP growth| Business News

The Reserve Bank of India is likely to maintain status quo on repo rate in its first monetary policy decision since the Iran war, as…

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The slowdown reflects a cooling in new business intakes, which moderated to a 14-month low. (Pixabay)
Posted in Business

India service economy grew at its slowest pace in 14 months in March 2026| Business News

India’s services economy lost momentum for a second consecutive month in March, growing at its slowest pace of expansion in more than a year as…

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At stake is the outlook for India’s $4.5 trillion stock market, given banks account for nearly a third of the benchmark index. (Reuters)
Posted in Business

Nifty Bank’s $95-billion rout is set to deepen as RBI tightens grip on rupee trading| Business News

India’s bank stocks are likely to face further losses as the Reserve Bank of India tightens its grip on rupee trading and rising energy prices…

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A woman working at a textile unit in India. EY sees India's textile industry as among the most impacted by the ongoing Iran war. (HT)
Posted in Business

Iran war can cut India GDP growth rate by 100 bps in FY27, EY says| Business News

The month-long Iran war, which is showing no signs of abating, can shave India’s GDP growth rate by a full percentage in FY27, according to…

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Indian Oil will share the LPG shipment from Iran with its state-owned peers BPCL and HPCL. (Reuters)
Posted in Business

Indian Oil buys first Iranian LPG since 2018 as shortage worsens| Business News

Indian Oil Corp. has bought LPG from Iran for the first time in almost eight years, according to people familiar with the matter, as India…

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India is the second largest producer of crude steel in the world. (Reuters)
Posted in Business

India’s Steel Ministry seeks intervention for mills facing LPG shortage| Business News

India’s steel ministry has sought assistance of the oil ministry to ensure that steel plants in the country are not affected by the LPG shortage…

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