Tag: Strait of Hormuz
Hormuz disruption, $100 oil pose risks to India’s inflation, rupee: Union Bank
The ongoing West Asia conflict and disruptions in the Strait of Hormuz are emerging as a major risk for the Indian economy, with elevated crude…
Crude unlikely to return to pre-war levels soon; India’s import bill may rise $70bn annually: Report
New Delhi: Crude oil prices have risen sharply due to the ongoing West Asia conflict and are not expected to return to the earlier level…
India’s strong fundamentals to cushion oil shock, growth may slow up to 80 bps: S&P Global Ratings
New Delhi: India’s robust macroeconomic and financial sector fundamentals are likely to cushion the impact of a sustained oil price shock, though economic growth could…
India’s global Ammonia tender likely ahead to secure fertilizer production
New Delhi: India is expected to issue a global tender for ammonia, a critical raw material for manufacturing urea and other key fertilisers, said senior…
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…
India finalising agreement to supply oil, gas to Mauritius amid West Asia crisis, says EAM Jaishankar
Port Louis: India is finalising an agreement for the supply of oil and gas to Mauritius to strengthen its energy security amid the crisis due…
India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources say
India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital…
West Asia’s unquiet hour: Hidden costs and a strategic opening for India
Wars, in our time, rarely remain confined to the territories in which they erupt. They travel through oil prices, shipping lanes, data cables, and inflation…
Govt extends implementation timeline for quality control order on electrical appliances till October
New Delhi: The government on Monday extended the implementation timeline for the mandatory quality control order (QCO) on certain electrical appliances by six months, till…
RBI expected to hold rates steady in first monetary policy since West Asia conflict: SBI Report
New Delhi: The Reserve Bank of India (RBI) is likely to keep key policy rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting scheduled…