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GLOBAL CONFLICT IMPACT
No smooth landing: ICRA sees Indian airlines' losses widening up to Rs 38,000 crore in FY27India's aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revi...
Russia’s premier foreign policy forum "Primakov Readings" brought together 400 experts from 17 countriesMoscow hosted the 'Primakov Readings' forum, marking IMEMO's 70th anniversary. Global experts convened to discuss a 'World Without Rules: P...
Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&PIndia's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attribut...
Trump orders probe because gas prices not falling enoughDonald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces critic...
Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
Russia's premier geopolitical platform launched in Moscow with focus on regional conflictsMoscow is hosting the 12th 'Primakov Readings' forum, coinciding with IMEMO's 70th anniversary. Over 400 global experts are debating a "Wor...
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recedeThe Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent ...
India, Taiwan ETFs see record outflows before Asia stock reboundUS-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite th...
Nearly 12 ships carrying fertiliser cross Strait of HormuzAt the onset of the Iran war, eight urea, four diammonium phosphate (DAP), one ammonia and three sulphur vessels bound for India were stran...
Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
RBI MPC minutes: Policy misstep fears drove rate pause amid West Asia uncertaintyThe Reserve Bank of India's Monetary Policy Committee has opted for a cautious "wait and watch" stance, holding the repo rate steady due to...
RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: SourcesPrime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during...
Luggage brand Delsey Paris to double India investmentDelsey Paris anticipates flattened global growth in 2026-27 due to Middle East business disruptions. Despite this, India remains a top prio...
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...