Tag: West Asia crisis
West Asia crisis may soon make everyday goods costlier in India
New Delhi: The sharp rise in global commodity and energy prices triggered by the West Asia conflict is beginning to spread beyond crude oil and…
India’s fertilizer subsidy may cross ₹3 lakh crore if West Asia crisis prolongs
New Delhi: India’s fertiliser subsidy could cross a record Rs 3 lakh crore this fiscal if the West Asia crisis persists, overshooting the budgetary allocation…
India’s fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official says
New Delhi: The government’s fertiliser subsidy bill for 2026-27 may surge by Rs 70,000 crore to Rs 2.41 lakh crore, driven by rising import costs…
India’s forex reserves jump by $6.295 billion to $696.988 billion
Mumbai, India’s forex reserves jumped by $6.295 billion to $696.988 billion during the week ended May 8, the Reserve Bank said on Friday. The overall…
West Asia crisis yet to impact inflation, but fuel prices pass-through to shape outlook: Report
New Delhi, The ongoing tensions in West Asia have not yet significantly impacted India’s retail inflation, but the future trajectory of inflation will depend on…
CEA Nageswaran says West Asia crisis a balance of payments stress test; to impact CAD, inflation & exchange rate
New Delhi: Large companies must ensure timely release of payments to micro and small enterprises to ease their working capital needs and reduce cost of…
West Asia crisis a wake-up call for self-reliance: Commerce and industry minister Piyush Goyal
New Delhi: The West Asia crisis should be a “wake-up call” for domestic industry to become self-reliant and efficient, as well as make better use…
Private capex surges 67% to ₹7.7 lakh crore: CII
New Delhi: India’s private capital expenditure surged 67% to ₹7.7 lakh crore in September 2025 from ₹4.6 lakh crore a year earlier, reflecting a revival…
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…