Tag: West Asia crisis
Prolonged West Asia crisis may pull down India’s GDP growth to less than 6.5 pc: CII President
New Delhi, A prolonged West Asia conflict characterized by significant shipping disruptions and elevated energy prices poses a serious threat to India’s economic growth momentum…
Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll
BENGALURU: India’s economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according to a Reuters poll of economists who warned that data…
West Asia crisis: Engineering exports dip 66.8% to UAE; 45% to Saudi Arabia in March
New Delhi, The country’s engineering exports plunged 66.8 per cent to the UAE and 45 per cent to Saudi Arabia in March due to the…
West Asia crisis: Govt considering customs duty cut on critical induction cooktop components
New Delhi: The government is considering cutting the customs duty on critical induction cooktop components to boost domestic manufacturing and address the price hike amid…
West Asia crisis poses risks to India’s trade and macroeconomic stability: NITI Aayog report
New Delhi: The geopolitical tensions in West Asia pose risks to India’s trade and macroeconomic stability by widening the current account deficit (CAD), exerting pressure…
Govt reviews rural schemes, supply chain woes to protect beneficiaries from Iran war impact
New Delhi: The rural development ministry on Monday said it has reviewed its key schemes, keeping in view the possible impact of the West Asia…
West Asia crisis: Govt expands export insurance scheme
New Delhi: The government on Friday expanded the list of eligible destinations to include Jordan and Egypt under the Rs 497 crore Resilience & Logistics…
Textiles Ministry plans duty cuts to shield industry amid West Asia crisis
New Delhi: The textiles ministry has proposed duty cuts and regulatory easing to secure raw material supplies amid the West Asia crisis, including lowering import…
West Asia crisis: Piyush Goyal meets Kuwait, UAE to restore trade, energy flows
New Delhi: Commerce and Industry Minister Piyush Goyal on Friday held separate discussions with his Kuwaiti and UAE counterparts on containing disruptions in energy supplies…
West Asia crisis: Government plans weekly monitoring of EXIM flows
New Delhi: The commerce ministry on Friday said it will set up a weekly monitoring mechanism to track export-import trends and sectoral stress indicators amid…