Tag: Iran War

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Posted in Economy

Indian companies are about to raise prices, putting RBI’s inflation outlook to test

India’s largest consumer companies are gearing to raise prices on products from toothpaste to tires and paint ahead of the festival season and for the…

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Diet Coke supply in India was particularly hit because the variant was only sold in aluminium cans in the country. (Photo: Reuters/Image edited on Canva)
Posted in Business

Popped: How a war in the Gulf took the fizz out of India’s Diet Coke supply and made the can costlier

At a bar in New Delhi in May, guests in Diet Coke-themed T-shirts queued up for cocktails spiked with jalapeno and honey and painted cans…

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Posted in Economy

Gulf states seen splurging on debt to build new Hormuz bypasses

Traders are preparing for a spike in borrowing from Persian Gulf nations as the region’s oil exporters seek financing to build costly bypasses around the…

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Posted in Economy

LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocation

New Delhi: The government’s LPG subsidy bill could cross Rs 1 lakh crore in FY27, creating a gap of around Rs 70,000 crore over the…

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India willing to let fiscal deficit widen to 4.8% of GDP: Report
Posted in Economy

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…

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While China has continued adding to its strategic petroleum reserves during the war, processors have increasingly relied on refinery-held inventories rather than fresh imports, according to Kpler. (Representational Photo/AFP)
Posted in Business

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…

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Posted in Economy

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…

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Posted in Economy

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…

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Posted in Economy

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…

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India's current account deficit
Posted in Economy

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…

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