Tag: Iran war impact
Resilient, not shock-free: India charts path through war jitters
India’s economy is beginning to feel the tremors of the West Asia conflict, as rising oil prices, disrupted trade routes and volatile capital flows ripple…
UK inflation rises to 3.3% as Iran war impact begins to hit
LONDON: British consumer price inflation rose to an annual rate of 3.3% in March from 3.0% in February, according to official figures published on Wednesday…
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…
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…
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…
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…
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…
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…
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…
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…