Tag: Iran War impact on India
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…
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…
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…
India’s limited oil buffers, reliance on subsidies heighten risks from Middle East conflict, Moody’s warns
India’s heavy reliance on oil imports from the Gulf, coupled with relatively limited strategic reserves, leaves it vulnerable to rising energy prices and potential supply…
RBI’s defence of rupee vs dollar is weighing on India’s forex reserves| Business News
The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts…
Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy| Business News
Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts…
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…
PhonePe IPO put on hold as Iran war rattles stock market| Business News
PhonePe Ltd. has deferred its much-awaited IPO in India, citing the impact of the ongoing Iran war on investor sentiment and the wider stock market….
India tells refiners to maximise LPG output for domestic sales only| Business News
India has directed all its refiners to maximise LPG production for sale to state-run oil marketing companies, amid a has squeeze stemming from the Iran…
Indian Oil-led refiners snap up 20 million barrels of Russian oil amid Iran war squeeze| Business News
Indian refiners, led by Indian Oil Corp. Ltd. are rushing to secure millions of barrels of prompt Russian crude as New Delhi scrambles to mitigate…









