Tag: Middle East conflict
Sensex, Nifty see sharp drop amid Iran-US conflict flare-up; brent crude skyrockets
Indian stock market indices Sensex and Nifty dropped sharply on opening on Wednesday, reacting to the international developments – the major escalation in the Iran-US…
India taps World Bank, ADB for $2.5 billion infrastructure spend
India is said to be in talks with multilateral lenders to secure about $2.5 billion in funding from existing credit lines as New Delhi tees…
India eyes biofertilisers after Mideast war stoked supply fears
Tappal: Under a shed in north India, women scoop cow dung, lumps of unrefined sugar and flour to produce biofertiliser — part of a growing…
India’s trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow
India’s merchandise trade deficit narrowed marginally to $28.21 billion in May, as a windfall from higher petroleum exports helped offset the strain of elevated energy-driven…
ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risks
The Asian Development Bank on Wednesday warned Asian economies against implementing broad fuel subsidies and cutting excise duties, noting that such measures could strain public…
India explores steps to mobilise dollar inflows as rupee slides, sources say
MUMBAI: India’s central bank is studying ways to mobilise dollar inflows to bolster its foreign exchange buffers and cushion rising pressure on the rupee from…
EXIM Bank says repayments unaffected by West Asia conflict
Mumbai: There has been no impact on client repayments because of the Middle East conflict, a top official from the EXIM Bank of India has…
Fuel shortages from Iran war threaten Asia’s biggest food staple
Harvest-ready rice fields are lying idle and farmers are deciding whether to skip planting for the coming season, as spiking fuel and fertilizer costs from…
Iran war shock: Middle East conflict could cut 1 ppt from India’s FY27 GDP outlook
New Delhi: India’s real GDP growth for the next fiscal could erode by around 1 percentage point, while retail inflation could rise by about 1.5…
“Unfortunate for India,” Ex R&AW Chief hints at probable inflation if West Asia situation escalates
New Delhi: Former R&AW Chief Vikram Sood, said that India and Israel are allies; but the attack on Iran and killing of its Supreme Leader…