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STRAIT OF HORMUZ COMMERCE
Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
AI must empower people: PM Modi at G7 SummitPrime Minister Narendra Modi spoke at the G7 Summit in France about Artificial Intelligence. He stressed AI must empower people and be incl...
US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
A 60-day clock starts ticking on the US-Iran peace agreementA peace agreement between the United States and Iran has been announced. This marks the end of a period of intense fighting. The core of th...
PM Modi holds bilateral talks with Kenya, Japan, Egypt and South Korea leaders on sidelines of G7 SummitPrime Minister Narendra Modi met with leaders from the UAE, Kenya, Egypt, South Korea, and Japan at the G7 Summit in Evian, France. Discuss...
India’s electronics exports up 11.62% to $5.09 billion in MayIndian electronics exports saw a significant rise in May, reaching $5.09 billion. This growth occurred despite global supply chain issues. ...
From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...
Hope US-Iran deal will help restore peace: PM ModiIndia has embraced the recent agreement between the United States and Iran as a beacon of hope for peace in West Asia. Prime Minister Naren...
India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
PM Modi welcomes US-Iran peace deal, hopes for peace in West AsiaPrime Minister Narendra Modi has welcomed an understanding between the United States and Iran to end the conflict in West Asia. This develo...
India's office leasing to remain resilient, to hit 85-90 million sq ft in 2026-27India's office property market is set for strong growth. Leasing activity is expected to reach 85-90 million sq ft by 2026-27. Global capab...
World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
What is the US Fifth Fleet, America’s backbone in the Middle East and why is it under Iran’s attack?Iran's IRGC claimed to have targeted the US Navy's Fifth Fleet headquarters in Bahrain amidst escalating tensions. This naval command, cruc...
US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
Nobody can dictate terms to us: Putin defiant against US pressure over 'brotherly' India-Russia tiesRussian President Vladimir Putin lauded India's strong ties with Moscow. He described the relationship as "brotherly" and "trust-based." Pu...
Narrow the Gulf for Delhi: Conversation on derisking the future from Hormuz is good news for IndiaThe West Asia crisis presents India a chance to regain global influence. Discussions are underway to secure trade routes beyond the Strait ...