Tag: Iran War
West Asia crisis: Govt to assess impact of recent tax concessions on its indirect tax revenues
The government will assess the impact of recent tax concessions on its indirect tax revenues at the start of the new financial year as it…
Iran War: Fertiliser, agri-input stress emerges; Kharif outlook hinges on policy, farmer choices
The ongoing war involving the US, Israel, and Iran is producing far-reaching global repercussions, including supply chain disruptions, rising inflation, surging oil prices, and market…
Real GDP growth may slow on costly crude: Credit rating agencies
Kolkata | Mumbai: India’s real GDP growth, which includes the price deflator impact, may moderate to 6.5% or below in FY27 after the Iran war…
10 foreign ships with energy cargo for India stranded in Persian Gulf
The government on Monday said 10 foreign-flagged ships carrying energy cargo for India are stranded in the Persian Gulf, even as 18 Indian vessels remain…
Every $10 rise in crude may add 60 bps to India’s inflation: CareEdge Global
Rising global crude oil prices due to tensions in West Asia could push up India’s inflation significantly, according to Revati Kasture, CEO of CareEdge Global…
War fades the Goldilocks moment. RBI’s next move will matter
The moment of comfort did not last long. What looked like an unusually benign alignment of high growth and low inflation for India is now…
Sensex, Nifty open lower, on course for biggest monthly loss in six years| Business News
India’s stock market opened lower today to be on course for the biggest monthly loss in six years as an expanding Iran war sapped risk…
Reliance SEZ export duty clarity key under India’s fuel tax rejig: Analysts
New Delhi: The applicability of newly reimposed export windfall taxes on shipments of diesel and ATF from Reliance Industries’ SEZ refinery remains the key uncertainty,…
India’s FY27 fiscal deficit target faces oil price risks amid Iran war: ICRA
Elevated global energy prices linked to geopolitical developments in West Asia could put pressure on India’s fiscal position in FY27, although available buffers are likely…
Expensive crude oil: An inflation India might benefit from
The oil markets are rattled. Iran has decided to play bouncer at the Strait of Hormuz and oil prices are over $100 with confident predictions…