India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
29 Jun, 2026, 11.42 AM IST
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
29 Jun, 2026, 12.09 AM IST
Iran's Trump card: The risk premium hasn't gone. It just changed shapeA recent attack on a commercial vessel near the Strait of Hormuz signals a shift from fears of outright war to prolonged uncertainty. Iran'...
26 Jun, 2026, 08.03 PM IST
Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
26 Jun, 2026, 04.30 PM IST
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
25 Jun, 2026, 10.42 PM IST
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
25 Jun, 2026, 10.10 PM IST
Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
25 Jun, 2026, 06.31 PM IST
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
25 Jun, 2026, 02.59 PM IST
Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
25 Jun, 2026, 02.55 PM IST
El Niño is set to further disrupt India's $300 billion farm supply chainIndia's crucial monsoon rains are delayed, disrupting the nation's $300 billion farm economy just as planting season begins. This agricultu...
25 Jun, 2026, 06.44 AM IST
Rubio reassures UAE, Kuwait as scepticism over Iran deal persistsUS Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...
24 Jun, 2026, 10.15 PM IST
India seeks tariff advantage over peers in push to finalise US trade dealIndia's trade minister, Piyush Goyal, revealed on Monday that a trade agreement with the United States is experiencing delays. The primary ...
22 Jun, 2026, 06.35 PM IST
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
22 Jun, 2026, 11.25 AM IST
RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...
19 Jun, 2026, 05.38 PM IST
Vance leaves shippers in the dark on potential Iran Hormuz tollsUS officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.
19 Jun, 2026, 10.36 AM IST
IEA says 'unconditionally' re-opening Hormuz vital to end energy crisisThe head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Re...
16 Jun, 2026, 04.27 PM IST
US-Iran deal could leave Gulf states in the lurch: analystsGulf nations face a precarious future after Iran's attacks. A new deal offers only a temporary reprieve, leaving them vulnerable to regiona...
15 Jun, 2026, 10.20 PM IST