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WEST ASIA CRISIS
Rs 30,000 hike: Why Maruti Suzuki had to make cars costlier for youMaruti Suzuki said it was forced to raise car prices by up to ₹30,000 after the West Asia crisis pushed up input costs, despite delaying in...- Bank credit growth eases to 17.7% in fortnight to July 15Bank credit growth saw a slight deceleration to 17.7 percent year-on-year. Deposit growth also moderated to 12.7 percent in the same period...
- Domestic air passenger traffic to rise by 3-6 pc in this fiscal: ICRAThe domestic air travel sector is projected to see a growth of three to six percent in the current fiscal year, while Indian airlines may e...
- West Asia conflict: Indian airlines cancelled 26,000 international flights due to airspace curbs till July 20Indian airlines have cancelled approximately 26,000 international flights until July 20. The US-Iran conflict has caused significant airspa...
- Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
- EAM S Jaishankar, Marco Rubio hold talks in Manila on trade, energyExternal Affairs Minister S Jaishankar met US Secretary of State Marco Rubio in Manila. They discussed trade, tariffs, energy, defence, cri...
- Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up againRenewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel ava...
- Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient supplies. Sowing has accelerated after rainfall revival, increasin...
- Fertiliser vessels stuck at ports, raise supply fears for peak kharif sowingFertiliser vessels are stranded at Indian ports, hindering crop nutrient dispatch. This congestion raises concerns over timely supplies dur...
- Bandhan Bank Q1 profit jumps 35% as provisions decline sharplyBandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs i...
- PM Modi flags off India's first hydrogen-powered trainPrime Minister Narendra Modi flagged off India's first hydrogen-powered train in Haryana, calling it the world's most powerful hydrogen tra...
- PM Modi flags off India's first hydrogen-powered train, says wider rollout likelyPrime Minister Narendra Modi launched India's first hydrogen train in Haryana. This powerful train will operate between Jind and Sonipat, c...
- West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay MalhotraReserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent re...
- Rupee slips 6 paise to 96.31 against US dollar in early tradeThe rupee weakened against the US dollar due to global crude oil volatility and a stronger greenback. Foreign institutional investor outflo...
- MNCs shifting inventory to India amid West Asia crisis: DP World ExecWest Asian disruptions prompt companies to shift inventory to India. Multinational firms are establishing satellite distribution hubs along...
- Staring down the barrel: India Inc stockpiles ahead of festive seasonTo ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks...
- Nifty to hit 27,000 in one year? PL Capital says Middle East crisis, El Nino can play a spoil sport; names 15 top picksPL Capital has raised its one-year Nifty 50 target to 27,019, implying over 12% upside, while warning that the escalating West Asia conflic...
- DG Shipping to monitor Indian seafarers irrespective of vessel flag: Sarbananda SonowalIndian seafarers in West Asia will now be monitored by the Directorate General of Shipping. A new dashboard will provide real-time informat...
- Keeping watch on West Asia developments, will support exporters if needed: OfficialWith a vigilant eye on West Asia's evolving situation, India emphasizes its support for exporters amidst rising challenges. An Inter-Minist...
- ECLGS 5.0 crosses 4.11 lakh guarantees, extends Rs 1.55 lakh crore support to firms hit by West Asia crisisThe Emergency Credit Line Guarantee Scheme 5.0 has issued over 4.11 lakh guarantees. These guarantees amount to more than Rs 1.55 lakh cror...
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