Tag: oil prices
A shield for India Inc: How govt is blunting the Iran war shock
The ongoing Iran war has injected fresh volatility into global oil prices, shipping routes and trade flows, creating a difficult operating environment for Indian businesses….
West Asia crisis: Govt to assess impact of recent tax concessions on its indirect tax revenues
The government will assess the impact of recent tax concessions on its indirect tax revenues at the start of the new financial year as it…
Real GDP growth may slow on costly crude: Credit rating agencies
Kolkata | Mumbai: India’s real GDP growth, which includes the price deflator impact, may moderate to 6.5% or below in FY27 after the Iran war…
War fades the Goldilocks moment. RBI’s next move will matter
The moment of comfort did not last long. What looked like an unusually benign alignment of high growth and low inflation for India is now…
Rupee slide may fuel imported inflation risks, say experts
New Delhi: A slide in the rupee could stoke fresh concerns around imported inflation, economists warn, as elevated oil and commodity prices and increased logistics…
India’s limited oil buffers, reliance on subsidies heighten risks from Middle East conflict, Moody’s warns
India’s heavy reliance on oil imports from the Gulf, coupled with relatively limited strategic reserves, leaves it vulnerable to rising energy prices and potential supply…
Indian exporters facing shipment delays amid West Asia crisis; govt sets up inter-ministerial group
Indian exporters are facing challenges as shipments are not reaching destinations due to disruptions caused by the West Asia conflict, Commerce Secretary Rajesh Agrawal said…
Space for global growth to remain contested; greater intra-state coordination needed to counter external headwinds: CEA
Chief economic advisor V Anantha Nageswaran on Wednesday pitched for greater intra-state coordination, cautioning that in a conflict-ridden world, space for economic growth will be…
Iran-US-Israel war may cause short-term economic shortfall in India, says Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal said India remains economically resilient despite the ongoing Middle East war, noting that while there may be a…
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…