Tag: West Asia conflict impact
Amid West Asia war, FY26 goods exports may fall 2-3%: FIEO
Ludhiana: The ongoing conflict in West Asia is expected to have pulled down India’s goods exports in March by 7-8%, even as the country’s outbound…
Forex reserves drop by $10.29 billion to $688.06 billion as of March 27
Mumbai, India’s forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI)…
Centre pegs H1 FY27 borrowing at ₹8.2 L crore
New Delhi: The Centre will borrow ₹8.2 lakh crore from the market through dated securities in the first half of the next fiscal, amounting to…
Gulf conflict puts FY27 growth at risk
India’s economic outlook is under increasing pressure from the West Asia conflict, with economists warning of a 50-60 basis point hit to FY27 growth. Elevated…
India’s core growth eases to 2.3% in February on poor energy show
India’s core sector growth slowed to a three-month low of 2.3% year-on-year in February, from 4.7% in January, amid subdued electricity generation and continued decline…
Shipping wars stitch higher costs into India’s apparel exports
The ongoing conflict in West Asia is increasing costs for India’s apparel exporters, adding between ₹12 and ₹55 per garment because of longer shipping routes…