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ASIA SUPPLY CHAIN CRISIS
15 vessels carrying urea, DAP and Sulphur cross Strait of Hormuz safely: GovtIndia's fertilizer supply chain remains robust despite West Asian conflict, with most shipments safely navigating the Strait of Hormuz. The...
Diplomatic relations, right decisions: PM Modi outlines how India weathered Iran warPrime Minister Narendra Modi highlighted India's successful navigation of the West Asia crisis, attributing it to timely and correct decisi...
Energy-hungry Asia is already drawing lessons from Iran crisisAsia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array o...
India, Japan agree on crude oil stockpiling & reserve systemsIndia and Japan are joining forces to bolster energy security, creating joint strategies for crude oil and petroleum product stockpiling to...
‘Weaponised economies’: India, Japan move to fortify supply chainsJapan sees substantial prospects for enhanced collaboration with India on robust supply chains and the Indo-Pacific, acknowledging New Delh...
Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...
Duty waiver on petrochemical products extended till July 15Indian manufacturers will continue to benefit from a full customs duty exemption on imported petrochemicals until July 15. This extension a...
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...
Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...
Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...
PM Modi thanks people for responding to his callPrime Minister Narendra Modi lauded citizens for heeding his call to curb extravagant spending amidst the West Asia crisis. Many have pledg...
Asia's vendors grapple with rising costs of ever-present plasticsRising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. ...
World MSME Day: Chemical industry seeks policy support to boost competitiveness amid global trade disruptionsIndian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the nee...
Engineering goods exports top US$12.31 billion in May, highest ever monthly exports despite West Asia conflictWe are positive that with the proper guidance of the Government, we will be able to achieve the desired export target of US$ 250 billion by...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
Tata Motors bullish on CV demand as India growth can outweigh Iran war impact in long termTata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & C...
India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...