Tag: Iran War
India willing to let fiscal deficit widen to 4.8% of GDP: Report
India is preparing for a wider-than-expected budget deficit this year, Bloomberg News reported on Friday, citing an official familiar with the matter, as the war…
China’s oil imports plunge to eight-year low on war disruptions
China’s buying of oil from overseas slumped to the lowest in more than eight years last month, as the Iran war crimped supply and Beijing…
WEF sees India as bright spot amid Iran war
New Delhi: India remains the world’s brightest growth spot despite mounting inflationary pressures and risks stemming from the West Asia conflict, with a majority of…
Measures like tax relief, import curbs can shield India from West Asia crisis: Report
New Delhi: India needs to undertake measures such as tax moderation to boost export competitiveness, targeted import curbs on non-essential and demerit goods, and time-bound…
Consumers unlikely to see major impact on food prices over next 2-3 months: Consumer Affairs Secy
India has largely remained insulated from the impact of supply chain disruptions triggered by ongoing geopolitical tensions, including the Middle East crisis, said Consumer Affairs…
India considering steps to control CAD amid Rupee, export pressure: Piyush Goyal
New Delhi: India is considering several measures to rein inthe current account deficit,commerce and industry minister Piyush Goyal said Thursday, as a slide in the…
India considering several measures to stop CAD from widening further, says Piyush Goyal
India is closely tracking external sector trends and evaluating a range of measures to prevent any sharp deterioration in the current account deficit (CAD), Commerce…
Iran war dampens India private sector growth, services pick up, PMI shows
BENGALURU: India’s private sector growth eased in May as a manufacturing slowdown driven by the Middle East war and cooling international demand offset a marginal…
India’s fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official says
New Delhi: The government’s fertiliser subsidy bill for 2026-27 may surge by Rs 70,000 crore to Rs 2.41 lakh crore, driven by rising import costs…
India books phosphate fertilizer at 40% above pre-war prices
India, the world’s top buyer of diammonium phosphate, has contracted the crop nutrient at prices almost 40% higher than pre-war levels as the Middle East…