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WEST ASIA CRISIS INFLATION
India targets $55 trillion economy by 2047 through AI, manufacturing, FDI and sunrise sectorsIndia aims for a $55 trillion economy by 2047. This ambitious goal relies on leveraging its young demographic in artificial intelligence. S...- Weak monsoon, West Asia risks cloud July-Sept FMCG demandConsumer goods demand faces challenges from a weak monsoon and rising inflation. FMCG volumes saw a slight slowdown in the recent quarter, ...
- RBI warns food, fuel costs could reignite broader inflationMost high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced do...
- Food prices on the rise, domestic demand keeps economy strongIndia's economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, ...
- Broad-base rise in food prices despite monsoon recovery, RBI's state of economy report showsIndia's economy shows resilience with improved domestic demand and strong activity. Food prices have seen a broad-based increase, impacting...
- India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
- Retailers keep price hikes in check amid rising input costs: NuvamaIndian retailers are limiting price hikes despite volatile cotton, yarn and fabric costs and geopolitical supply-chain risks. Companies are...
- Russian president Putin assures India of uninterrupted supply of energy, fertilisersRussia has assured India of uninterrupted supplies of energy and fertilisers amid disruptions from the West Asia crisis, as External Affair...
- India opens ports, airports to foreign-bound cargo impacted by Strait of Hormuz disruptionsIndia's ports will temporarily accept foreign-bound cargo diverted from the Strait of Hormuz. Under this measure, unloading, storage, and t...
- Indian banks' asset quality outlook remains stable, West Asia impact limited: ReportBanks in India foresee a stable outlook for asset quality, driven by the reduction of unsecured lending which should prevent new stresses f...
- Senco Gold eyes 25 pc revenue growth to Rs 11,000 cr in FY27This financial year, Senco Gold and Diamonds aims to achieve more than twenty-five percent revenue growth. The company intends to launch ap...
- India enters 'long-term arrangement' with Mauritius to supply petrol, diesel and aviation fuelIndia has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening energy cooperation betwe...
- The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
- Retail inflation may cross 6 per cent in Oct-Nov before easing in Q4 FY27: ReportRetail inflation in India may briefly surpass 6 percent in late 2024. This rise is expected before easing to approximately 5 percent by ear...
- RBI MPC puts Q3 rate hike in play if inflation risks show up bigIndian monetary policy makers may tighten rates in the third quarter if inflation risks materialize. Higher food and fuel prices could lead...
- Ready-made food prices may stay high as input, packaging costs riseReady-made food prices are likely to stay high due to increased input and packaging expenses. Inflation in these products accelerated to ni...
- Real estate sector likely to remain resilient despite West Asia crisis: CareEdgeIndia's real estate sector is expected to remain broadly resilient despite geopolitical uncertainty arising from the West Asia crisis, with...
- 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...
- 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...
- Rupee gains 2 paise to 95.43 against US dollar in early tradeThe rupee gained two paise against the US dollar in the early market hours, driven by a softening dollar internationally. Nonetheless, the ...
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