Tag: middle east

ET logo
Posted in Economy

As Iran war disrupts the Gulf, India’s growth story faces new risks

Only a few weeks ago, the stars seemed to be aligning for India‘s economy. India was one of the fastest-growing major economies, consistently outpacing its…

Continue Reading
ET logo
Posted in Economy

Piyush ​Goyal in talks with shipping ministry, companies to tackle stuck cargoes as Middle East crisis stalls trade

Commerce Minister Piyush Goyal said on Friday he was ‌holding ⁠talks ⁠with the shipping ministry and companies in the sector to free up cargoes marooned…

Continue Reading
ET logo
Posted in Economy

Rising tensions in Middle East may impact trade, push up freight, insurance costs

New Delhi: Rising tensions in the Middle East following attacks by the US and Israel on Iran are expected to disrupt trade flows, push up…

Continue Reading
ET logo
Posted in Economy

Iran unrest does not have a significant impact on India Inc’s global trade: Crisil

Kolkata: The ongoing unrest in Iran has not had any significant impact on India Inc’s global trade, or the credit profiles of domestic corporates, thus…

Continue Reading
Regular and mini cans of Coke and Pepsi are pictured in this photo illustration in New York. (File Photo / REUTERS)
Posted in Business

How Pepsi trounced Coca-Cola in the Middle East| Business News

Order a fizzy drink in Baghdad or Beirut and chances are you’ll be served a Pepsi. Unlike anywhere else in the world, in the Middle…

Continue Reading
Reliance Industries, which operates the world's largest refinery at Gujarat's Jamnagar bought at least 2.5 million barrels of Middle Eastern crude oil last week. (Reuters)
Posted in Business

Reliance grabs Middle East crude amid US scrutiny of India’s Russian oil imports| Business News

Reliance Industries Ltd. bought middle-east crudes last week and may place more orders, in a sign that US pressure against India’s Russian oil imports may…

Continue Reading