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WEST ASIA ISSUES
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...- PM Modi holds huddle with Economic Advisory Council on growth strategy; deliberates measures to improve ease of doing business and livingPrime Minister Narendra Modi convened with his Economic Advisory Council to chart a course for India's economic advancement. Discussions fo...
- Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan SharmaFuel prices are climbing globally, impacting Indian households. The West Asia conflict is driving up crude oil costs, making higher fuel pr...
- Weak monsoon may impact rural demand, private consumption: RBI governor Sanjay MalhotraReserve Bank of India Governor Sanjay Malhotra anticipates a potential impact on rural demand and private consumption due to a projected mo...
- RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
- Trump unveils $700 million coal support plan using emergency powersPresident Donald Trump is using emergency powers to boost the US coal industry. Nearly $700 million will fund upgrades to power plants and ...
- BIT sweeter? India weighs easing treaty rules with safeguards to attract foreign capitalAs the world shifts economically, India is set to revamp its investment treaty frameworks. The government is exploring options to simplify ...
- India to roll out 6–7 FTAs next year as trade push accelerates: Piyush GoyalIndia is set to sign several major trade deals soon. Three to four significant trade agreements are planned for the next year. Additionally...
- Consumption demand faces risk from global headwinds, parliamentary panel informedIndian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service export...
- IIFL Finance nets $500 million in overseas bond salesIIFL Finance successfully raised $500 million through international dollar bonds, priced at 7.6% for a 3.25-year tenure. This marks India's...
- We expect interest rates to be left the way they are: Ficci chief Anant GoenkaFicci president Anant Goenka advocates for steady interest rates, citing supply-side price pressures from the West Asia crisis. He suggests...
- RBI denies report of $12 billion gold sale, says holdings unchangedThe Reserve Bank of India has refuted claims of selling gold reserves. Reports suggested a sale of approximately $12 billion in gold. The R...
- Silver imports via authorised channels onlyNew import rules for silver are now in effect. All silver imports must go through specific government-approved channels. This includes agen...
- After Yunus regime freed Rahmani, India watches Bangladesh's radical Islam surgeConcerns rise over Islamist radical movements in South Asia. Jashimuddin Rahmani, an influential ideologue, has been released on bail in Ba...
- 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 ...
- India’s shipping services to East Hormuz and Red Sea doubled from FebruaryShipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a ...
- Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
- El Niño effect: Why India may see weak monsoon and harsher summerIndia faces a double blow as the IMD forecasts below-normal monsoon rainfall, with a 60% chance of deficient rains due to El Niño. This, co...
- Energy prices, current account deficit, balance of payments big priorities right now: CEAManaging macroeconomic fundamentals like balance of payments and current account deficit is a top priority for the government. The West Asi...
- India issues tender for 1.7 mn tonnes of urea ahead of sowing seasonIndia is securing vital fertilizer supplies. A new tender seeks 1.7 million tonnes of urea. This comes before the crucial planting season. ...
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