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FREIGHT MOVEMENT WEST ASIA CONFLICT
Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay MalhotraThe Indian economy expanded 7.7% in the last financial year, and the RBI has projected GDP growth of 6.6% for the current fiscal year despi...
RIL charts multi-year plan to offset decline in natural gas outputReliance Industries plans a multi-year campaign to boost natural gas output. This effort aims to offset declining production from existing ...
India's toll collection growth slows sharply in April-June quarter despite Rs 21,547 crore revenueIndia's toll collections saw a modest increase in the April-June quarter. However, the pace of growth slowed significantly as toll transact...
Pakistan PM Shehbaz Sharif warns of risk to economy amid renewed West Asia tensionsPrime Minister Shehbaz Sharif warned of economic risks due to regional conflict. He directed authorities to maintain full preparedness for ...
Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
Rising fuel costs likely to weigh on cement makers' Q1 earningsRising fuel and freight costs are impacting cement producers' profitability. Demand saw a seven to eight percent increase due to dry monsoo...
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...
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
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...
Hormuz turmoil sends gold lower, disrupts India's tea and basmati exportsGulf hostilities impacting the Strait of Hormuz have disrupted Indian commodity markets. Gold and silver prices have fallen sharply, while ...
India's June exports shine through West Asia dark clouds; trade deficit widens to five-month highIndia's goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 bill...
Asian Paints hikes prices by 12% as West Asia conflict drives up costsAsian Paints has increased prices by approximately twelve percent to counter rising raw material costs. This significant price adjustment i...
Freight woes threaten fresh supply crunch in Manipur as transporters stay awayTransport operators are avoiding Manipur due to high costs and long travel times. Essential goods face shortages as highway conditions wors...
India's JK Tyre plans additional 5%-6% price hikes by September-endJK Tyre & Industries plans to increase product prices by eleven to thirteen percent. This move aims to offset rising input costs and follow...
India Inc's revenue growth to hit 2-year high of 11-11.5% in Q1 despite Iran war: CrisilIndia Inc's revenue is estimated to have grown 11-11.5% year-on-year in Q1FY27, marking the fastest pace in eight quarters, according to Cr...
JK Tyre plans 11%-13% price hikes by September-endJK Tyre plans product price increases of eleven to thirteen percent. These hikes will occur by the first half of fiscal year twenty twenty-...
India monitoring Strait of Hormuz following recent ship attacksIndia closely monitors West Asia maritime tensions following recent ship attacks. No Indian-flagged vessels were among those recently attac...
Pidilite sees stable demand in FY27, raises concerns over higher input costsPidilite Industries expects stable domestic demand in FY27, supported by government policies and infrastructure investment. However, rising...
Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...