Tag: Strait of Hormuz
The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strain
Finance Minister Nirmala Sitharaman on Monday called for sharper focus on what she termed the three “Fs” — fuel, fertiliser and foreign exchange — amid…
El Nino, Strait of Hormuz risks may fuel fresh global food inflation surge: Citi Research Report
New Delhi: Global food inflation risks are rising due to possible disruption in the Strait of Hormuz and worsening El Nino conditions, according to a…
India’s fertiliser output rises in April but still short of normal level
War-related disruption to India’s fertiliser production eased significantly between March and April, though output remains below normal levels. This is the key takeaway from core…
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…