Tag: Middle East conflict
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…
Reserve Bank of India to hold interest rates until at least mid-2027: Reuters poll
The Reserve Bank of India will hold its key interest rate unchanged at 5.25% on April 8 and at least until mid-2027, a Reuters poll…
Israel, GCC trade pact talks lose steam, UK FTA likely to be implemented by May
The proposed free trade agreement (FTA) with the UK, signed on July 2025, is likely to be implemented by early May with both sides “sorting…
Global trade growth to slow to 1.9% this year, Middle East conflict poses downside risk: WTO
GENEVA: Growth in world trade in goods will slow down markedly to 1.9% this year from 4.6% in 2025 and could decelerate even more if…
West Asia conflict disrupts India’s gems and jewellery trade; diamond shipments halted
Mumbai: The West Asia conflict has disrupted India’s gems and jewellery exports, as well as imports of rough diamonds from the United Arab Emirates, because…