Tag: west asia
Industrial output grows 6.7% in July
New Delhi: India’s Industrial output grew 6.7% in July following a contraction in the mining sector, official data showed. It had grown by an upwardly…
ICRA estimates India’s GDP growth at four-quarter low of 7 per cent in April-June
New Delhi: Rating agency ICRA on Monday estimated India’s GDP growth at a four-quarter low of 7 per cent in the April-June quarter of the…
Why it’s tough to go digging for oil in the oceans — and why India is spending ₹84,084 crore trying to
The Union cabinet on Friday approved Samudra Manthan, a ₹84,084 crore scheme to hunt for oil and gas off India’s coast. The plan, over five…
UK-India trade pact ‘gold standard’ and powerful message for rules-based order: UK envoy Lindy Cameron
New Delhi: The UK-India free trade agreement that took effect on Wednesday sets a “new gold standard” for global trade deals as it delivers sweeping…
India’s June exports shine through West Asia dark clouds; trade deficit widens to five-month high
New Delhi: India’s goods exports rose 15.5% from a year earlier to $40.41 billion in June, but the trade deficit widened to a five-month high…
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of Economics
The recent easing of the West Asia crisis has sharply reduced the biggest near-term upside risk to the RBI‘s inflation outlook, strengthening the case for…
Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO
New Delhi: Restoration of peace in the West Asian region is expected to revive the order books of Indian exporters and reduce input costs, as…
India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensions
New Delhi: The government is likely to take a call on extending import duty exemption on about 40 products beyond June 30, after analysing the…
RBI warns West Asia war may hurt India growth outlook
Mumbai: A prolonged West Asia conflict represents a key downside risk to India’s economic outlook according to the Reserve Bank of India (RBI), even as…
India’s services exports rise by 12.7 pc in April despite West Asia crisis: RBI
Mumbai: India’s services trade saw an expansion in imports and exports during April, according to the Reserve Bank of India (RBI). The data showed that…