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WEST ASIA CONFLICT INDIA TRADE
India-Israel, GCC FTA talks temporarily stalled due to West Asia crisis: Piyush GoyalIndia's free trade talks with Israel and the GCC are temporarily paused, while discussions with Canada are progressing rapidly. Commerce Mi...- 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...
- 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...
- West Asia conflict may delay India's chip projectsIndia's ambitious semiconductor projects, including Tata Electronics' Dholera fab, face potential delays due to the West Asia conflict. Log...
- Air India may restore some flight schedules amid easing West Asia conflict: SourcesAccording to airline sources, Air India CEO Campbell Wilson communicated to employees that the easing of the conflict has created a more st...
- 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...
- Crude oil prices fall up to 2%, head for weekly losses as Hormuz supply fears easeGlobal crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait o...
- Strong balance sheets help India Inc absorb West Asia fallout: CrisilA stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...
- Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
- RBI in wait-and-watch mode despite easing West Asia risks: Sanjay MalhotraDespite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set intere...
- 11 India-bound ships transited Strait of Hormuz after US-Iran MoU: MEAFollowing the US and Iran's agreement to de-escalate tensions in West Asia, eleven ships bound for India have successfully navigated the St...
- 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...
- RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recedeThe Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent ...
- NSA Ajit Doval meets senior Iranian security officialIn a significant diplomatic engagement, National Security Adviser Ajit Doval held discussions with Iran's Deputy Secretary for Defence Affa...
- West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
- Modi, Trump direct officials to swiftly finalise trade pact: Foreign Secretary Vikram MisriPrime Minister Narendra Modi and US President Donald Trump have instructed their teams to finalize a trade pact. Significant progress has b...
- India hopes US-Iran peace deal will lead to sustained peace in West AsiaIndia welcomed the US-Iran peace deal on Thursday. Foreign Secretary Vikram Misri stated that New Delhi remains in close contact with West ...
- PM Modi holds 'very fruitful' meeting with German Chancellor Merz at G7, discuss trade, defencePrime Minister Narendra Modi met German Chancellor Friedrich Merz at the G7 Summit. They reviewed the India-Germany Strategic Partnership a...
- PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: SourcesPrime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during...
- 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...
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