Tag: Iran War
India’s West Asia trade artery under strain with up to $4 billion in monthly exports at risk
A war in the Gulf does not just jolt oil markets — it can also choke the sea lanes that ferry billions of dollars’ worth…
India’s sunflower oil imports halve in February amid West Asia conflict, rising prices
New Delhi: India’s crude sunflower oil imports fell 51 per cent to 1,45,000 tonne in February, an industry body said on Thursday, as the ongoing…
Exporters seek priority allocation of LPG and natural gas for manufacturing units
New Delhi: Exporters‘ body FIEO on Thursday urged the government to allocate LPG and natural gas to export-oriented manufacturing units on a priority basis, as…
West Asia conflict could hurt agri input availability: UPL Executive
New Delhi: Escalating geopolitical tensions and disruption around the Strait of Hormuz have increased the cost of major agricultural inputs and if the situation continued,…
West Asia conflict poses downside risk, India GDP growth seen at 7.1 pc in FY27: Crisil Intelligence
Mumba: Conflict in West Asia, if prolonged, could pose a downside risk to India’s economic outlook due to its impact on crude oil and commodity…
Sensex drops over 1,000 points, Nifty 50 sheds 0.8% as Iran war whipsaws market| Business News
Indian benchmark shares fell on Wednesday, after a rebound in the previous session, as the Middle East war kept investors unsure about the impact on…
Centre mulls insurance support for exporters dealing with ongoing West Asia crisis: Piyush Goyal
New Delhi: The government is considering developing an insurance scheme to support exporters dealing with the ongoing West Asia crisis, said Commerce and Industry Minister…
Iran war wipes out ₹25 lakh crore in investor wealth in just five sessions| Business News
India’s stock market extended their steepest slide in six years due to an escalating Iran war. That’s wiped out more than ₹25 lakh crore in…
‘Think of the unthinkable and prepare for it’, IMF warns on Iran war impact on global economy| Business News
The International Monetary Fund has warned of inflation risks from an escalating Iran war, as a direct fallout is the surge in crude oil prices….
Bahrain’s Bapco Energies declares ‘force majeure’ after Iran attack| Business News
Bahrain’s state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refinery ablaze. Smoke rises…