Tag: Strait of Hormuz
How would India cope if Strait of Hormuz disruption lasted longer? AI simulation reveals risks
The Strait of Hormuz has been at the centre of tensions between the United States and Iran since the war began on February 28. Following…
Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBI
Kolkata: The global economy remains fragile despite a temporary US-Iran truce with the risks of renewed inflation pressure, supply disruptions, slower investments and financial instability…
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recede
The Reserve Bank of India (RBI) has flagged emerging fuel-price pressures and weakening consumer confidence amid the ongoing conflict in West Asia, even as it…
Nearly 12 ships carrying fertiliser cross Strait of Hormuz
New Delhi: Around 10-12 of the 16 fertiliser cargo vessels stranded near the Strait of Hormuz crossed the waterway before Iran claimed to have shut…
India, US ‘very close’ to inking a trade deal, says Trump after meet with Modi
New Delhi: Prime Minister Narendra Modi raised the matter of Indian seafarers coming under attack in the Gulf with US President Donald Trump, affirming that…
Hormuz may reopen, but fertiliser relief is still months away for India
New Delhi: Fertiliser availability and prices may take another three to four months to normalise despite an initial agreement between the US and Iran to…
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…
Sensex today surges over 1,100 points, Nifty nears 24,000 after US-Iran peace deal
Sensex today: Indian benchmark indices opened sharply higher on Monday, tracking a rally in global markets after the United States and Iran finalised a deal…
Basmati rice, tea exports to West Asia come to a grinding halt
Kolkata: Amid the US-Israel conflict with Iran, exports of basmati rice and tea to West Asia have come to a halt. Exporters said the Strait…
Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan Sharma
New Delhi: Rising petrol and diesel prices are likely to put pressure on household budgets as the ongoing West Asia conflict continues to drive global…