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WEST ASIA CRISIS
ICRA estimates India's GDP growth at four-quarter low of 7 per cent in April-JuneIndia's GDP growth forecast stands at seven percent for the April-June quarter, marking a four-quarter low and a slowdown from prior growth...
Rupee faces pressure as RBI defends 95.45 against dollar amid rising crude oil pricesThe Reserve Bank of India is defending the rupee at 95.45 against the dollar. Traders are closely watching crude oil prices amid West Asia ...
India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRIIndia must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes ...
Urea, DAP kept affordable for farmers despite a global price surge: PM Modi in his Red Fort addressPrime Minister Narendra Modi highlighted government efforts to provide affordable fertilizers. He stated that urea and DAP are available to...
Iran President Pezeshkian said to attend BRICS summit in DelhiIranian President Masoud Pezeshkian will attend the BRICS summit in New Delhi this September. He joins other senior leaders, including Russ...
India’s July exports hit record $44.2 billion despite West Asia crisisIndia's goods exports grew significantly in July, driven by engineering and electronics sectors. Imports also increased, leading to a wider...
Urea import costs ease as India's fertiliser subsidy bill pressure set to easeIndia's new urea tender is expected to secure the nutrient at lower prices. Rashtriya Chemicals and Fertilizers received bids significantly...
Vegetable oil imports decline 7% YoY in July 2026 as crude oil share jumps to 96%: SEAIndia's edible oil imports decreased by eight percent in July compared to last year. Vegetable oil imports also saw a seven percent decline...
Iran says Strait of Hormuz is under its control: Fars news reportThe head of Iran's Basij paramilitary unit has declared that the Strait of Hormuz is firmly under Iranian control, countering US President ...
Edible oil prices up due to West Asia crisis, but availability 'adequate': Govt tells ParliamentGlobal and domestic edible oil prices have risen due to the West Asia crisis. Higher crude oil prices and biofuel demand reduced export ava...
Haryana RERA gives developers four-month relief as Iran war disrupts projectsHaryana RERA has extended real estate project deadlines by four months. This decision follows a central government advisory recognizing sup...
Rupee falls 11 paise on firm dollar, costlier crudeThe Indian rupee weakened by 11 paise against the US dollar, closing at ₹95.28. A firming dollar, driven by rising global crude oil prices ...
- Lenders seek RBI approval to spread their MTM losses
Indian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the remaining three quarters, citing ...
Indian manufacturers turn to air freight as West Asia crisis disrupts sea shipmentsIndian manufacturers are airlifting components to ensure festive season production continuity. Sea freight delays and congestion are making...
Netanyahu's remarks 'gratuitous' as India not backing war against Iran: Former diplomat on PM Modi-Netanyahu call"The West Asia crisis has reached a fork point. The choices between various stakeholders are to continue with escalation or to taper it dow...
Kingfisher maker United Breweries cuts West Asia crisis impact estimate to ₹350-400 croreUnited Breweries is now projecting that the ongoing West Asia crisis will have a reduced effect on its earnings. Strong price adjustments i...
4,052 stranded Indian seafarers repatriated amid West Asia crisis, says Shipping Minister Sarbananda SonowalOver 4,000 Indian seafarers have been safely repatriated during the West Asia crisis. Emergency response channels handled thousands of call...