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INDIA MIDDLE EAST TIES
Indian refiners buy Middle East and West African crude, sources sayIndian refiners have stepped up crude oil purchases, with Mangalore Refinery and Petrochemicals buying 1 million barrels of Oman crude thro...- RBI's status quo on repo rate to boost festive housing demand, homebuyer confidence: Industry expertsThe RBI’s decision to keep the repo rate unchanged at 5.25% is expected to support homebuyer sentiment and sustain housing demand during th...
- MEA says it is not involved with Bangladesh ex-PM Sheikh Hasina's virtual addressIndia on Tuesday said the event in New Delhi where former Bangladesh Prime Minister Sheikh Hasina is scheduled to speak is being organised ...
- India pharma sector to miss 2030 sales target amid tariff and shipping woes, trade body saysIndia's pharmaceutical industry is expected to reach$80-90 billion by 2030, well below its earlier$130 billion target, as U.S. tariff uncer...
- 'Pakistani mediators compromised, favour Iran at expense of US': Defence analyst General Jack KeaneRetired US General Jack Keane criticized Pakistan and Qatar as compromised mediators in Iran diplomacy. He stated both nations favor Tehran...
- Gold steady with Middle East turmoil, US jobs data in focusGold prices remained stable as investors watched for U.S.-Iran talks. Conflicting reports emerged regarding potential negotiations between ...
- Russia's western oil exports to rise 4% in August on refinery disruptionsRussian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...
- Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
- OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
- IOC slips into loss in Q1 on holding fuel prices despite rise in costIndian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency impr...
- PM Modi, UK's Andy Burnham chart ambitious roadmap to deepen trade, strategic tiesPrime Ministers Andy Burnham and Narendra Modi agreed to deepen their nations' strategic partnership. They will enhance cooperation across ...
- 16 Indians, including 10 seafarers, killed in Middle East conflict: GovtSixteen Indian nationals, including ten seafarers, have died in the Middle East conflict this year. Seventy-five Indians sustained injuries...
- US inflation slows in June, but reversal likely amid Middle East conflictUS inflation slowed in June, but oil prices may cause a temporary easing. The Personal Consumption Expenditures Price Index rose 3.7 percen...
- Can China restrain Iran? Gulf states test Beijing's influenceGulf Arab states are seeking China's economic influence over Iran to secure vital shipping lanes. They are frustrated with Washington's per...
- L'Oreal says India growth accelerates in H1 2026, driven by haircare and skincareL'Oreal India's business accelerated in the first half of 2026. Strong growth was seen in haircare and skincare segments across the region....
- Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
- L'Oreal says India growth accelerates in H1 2026, driven by haircare and skincareL'Oreal India's business accelerated in the first half of 2026. Strong growth was seen in haircare and skincare segments across the region....
- Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
- Rupee cushioned by state-run bank dollar offers as futures expiry bitesThe Indian rupee strengthened on Wednesday as banks sold dollars. Dollar demand from futures expiry exerted some pressure on the currency. ...
- India plans up to quarter of 2027 LPG imports from US, sources sayIndia plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...
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