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IMPACT OF WEST ASIA CRISIS ON INDIA
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...
- NBFC growth outlook remains resilient; margin pressures, asset quality key monitorables: ReportNon-banking financial companies anticipate steady growth in the near future. Credit demand remains healthy, and asset quality is expected t...
- 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...
- India's REIT sector has substantial room to grow: CareEdge RatingsIndia’s REIT sector has significant room for expansion, with over 150 million sq ft of office space expected to become REIT-eligible by 203...
- India may lose $270 bn manufacturing GDP by 2035, $1 tn by 2047 without frontier tech: ReportIndia could miss a USD 5.1 trillion manufacturing GDP by 2047. Advanced manufacturing and frontier technologies are key to unlocking this p...
- 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...
- 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...
- Plea for pooled gas gains steam amid renewed tensions in West AsiaCity gas firms want the government to reinstate a pooled gas mechanism. This is due to ongoing supply and price uncertainties in West Asia....
- India's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-RaIndia Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inf...
- 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...
- 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...
- 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...
- 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 ...
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