Tag: west asia
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…
Finmin pushes for wider local sourcing norm in incentive schemes
New Delhi: The finance ministry is pushing ministries to integrate domestic manufacturing and procurement requirements into incentive and subsidy schemes before seeking expenditure approval, according…
The $138 bn buffer: India’s most visible export can rescue the rupee
As the Indian rupee slides past the historic 96 mark against the US dollar and oil-induced pressures threaten to balloon the current account deficit to…
Silver imports restricted; licence now must for select categories
New Delhi: The government on Saturday imposed restrictions on imports of certain kinds of silver, days after it increased customs duty on the precious metal…
Andhra CM Chandrababu Naidu to announce measures to counter West Asia war impact
Nidamarru: Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday said the state government would unveil precautionary measures within two days to mitigate the impact…
West Asia crisis: India, Qatar discuss ways to boost trade, strengthen supply chains
New Delhi: India and Qatar on Thursday held discussions on ways to boost bilateral trade and strengthen supply chain resilience, which has been disrupted due…
India likely to breach budgeted fiscal deficit target for FY27: BMI
New Delhi: India’s fiscal deficit is likely to breach the budgeted target for current fiscal and hit 4.5 per cent of GDP as the government’s…
India’s fertiliser output falls to a five-year low in March| Business News
Fertiliser production in India fell to a five-year low in March, reflecting input shortages triggered by the ongoing war in West Asia, even as the…
India’s trade gap shrinks in March, swells in FY26
New Delhi: India‘s trade deficit narrowed in March as both merchandise exports and imports faced disruption due to the West Asia conflict. While exports dropped…