Tag: oil prices
India considering several measures to stop CAD from widening further, says Piyush Goyal
India is closely tracking external sector trends and evaluating a range of measures to prevent any sharp deterioration in the current account deficit (CAD), Commerce…
WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: Report
New Delhi: With the US-Iran conflict keeping global crude oil prices elevated and the Strait of Hormuz disruption pushing up metal costs, the economic research…
Fuel price hike may push inflation up by 20 bps, say experts
New Delhi: Retail inflation could accelerate by 15-20 basis points (0.15-0.20 percentage points) in the coming months following the fuel price hike announced on Friday,…
Uday Kotak puts India’s troubles in perspective as the economy swings between hope and despair in the wake of Iran war
India may have been too much and too long in a comfort zone and even a little paranoia will help the country find powerful, permanent…
Asia heat waves spell double trouble for economies hit by oil
Asia is grappling with a new threat to inflation on top of an oil shock as a looming El Niño brings soaring temperatures and dry…
How two months of war in West Asia hit global markets and the economy
Two months after the US-Israel war with Iran began on February 28, the human and fiscal costs are already substantial. The death toll in Iran…
Despite uncertainty, India to withstand global shocks due to strong macro fundamentals: BoB Report
New Delhi: India is expected to withstand global economic shocks despite rising uncertainty due to its strong macroeconomic fundamentals, according to a report by Bank…
Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll
BENGALURU: India’s economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according to a Reuters poll of economists who warned that data…
RBI plans to remain nimble to prevent persistent supply shock amid West Asia crisis
Kolkata: Reserve Bank of India governor Sanjay Malhotra said the central bank will stay agile in policymaking to ensure that the supply shocks triggered by…
The luxury of hindsight, the urgency of foresight: What India can still get right
There is a peculiar asymmetry in statecraft, foresight is often dismissed as alarmism until events confer upon it the legitimacy of hindsight. The unfolding crisis…