Tag: Iran war impact

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Posted in Economy

Fuel shortages from Iran war threaten Asia’s biggest food staple

Harvest-ready rice fields are lying idle and farmers are deciding whether to skip planting for the coming season, as spiking fuel and fertilizer costs from…

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Wholesale rice prices up 7% as West Asia ceasefire fuels export rush
Posted in Economy

Wholesale rice prices up 7% as West Asia ceasefire fuels export rush

Kolkata: Rice prices in India increased up to 7% at the wholesale level in the past two days, after the US-Iran ceasefire triggered a rush…

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Tiruppur garment orders drop 15% as US, Europe demand weakens amid Iran War
Posted in Economy

Tiruppur garment orders drop 15% as US, Europe demand weakens amid Iran War

Kolkata: Orders from the US and Europe for Tiruppur’s apparel manufacturers fell 15% in March compared with a year earlier, as buyers in those markets…

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Posted in Economy

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

Kevin Kelly is in a tough spot. What he says are unprecedented price increases in the weeks since the United States waged war on Iran…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

Sensex up ~2,000 points, Nifty 50 gains 2.71% on hopes Iran war could end soon| Business News

India’s stock market opened higher on Wednesday, mirroring gains in Asian peers, as hopes of a potential de-escalation in Iran war eased concerns over surging…

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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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