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Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
Northeast India poised to be next growth engine via sustainable agriculture and organic produce: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted Northeast India's potential as a growth engine, emphasizing sustainable agriculture a...
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...
Assam seeks enhanced access to EAPs to sustain Northeast’s growth momentum: CM Himanta Biswa SarmaAssam Chief Minister Himanta Biswa Sarma highlighted the significant role of Externally Aided Projects (EAPs) in the North East's developme...
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...
Modi, Trump direct officials to swiftly finalise trade pact: Foreign Secretary Vikram MisriPrime Minister Narendra Modi and US President Donald Trump have instructed their teams to finalize a trade pact. Significant progress has b...
India hopes US-Iran peace deal will lead to sustained peace in West AsiaIndia welcomed the US-Iran peace deal on Thursday. Foreign Secretary Vikram Misri stated that New Delhi remains in close contact with West ...
Ample world inventories may soften El Nino food supply shockA potential super El Niño is expected to disrupt global weather patterns and threaten agricultural output in the coming months, but large e...
Iran-US sign 14-point deal at Versailles: In 1919, the same place hosted a treaty after World War I that created conditions for World War IIIran-US Deal: US President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point Memorandum of Understanding at France's P...
Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEOThe Federation of Indian Export Organisations (FIEO) said that the conflict in West Asia suppressed India's trade volume, with exports to t...
Which city is known as the world's gold capital? The historic gold discovery that changed an entire world’s futureJohannesburg, known as the "Gold Capital of the World" or "eGoli," rose to prominence after a significant gold discovery in 1886. This spar...
India-Thailand discuss deepening defence R&D; focus on Indo-Pacific security situationIndia and Thailand convened their 10th Defence Dialogue in Bangkok. Discussions focused on enhancing cooperation in defense manufacturing, ...
Lower crude may not mean cheaper fuel immediately: NIPFP economistGlobal crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...
Hormuz reopening seen unleashing pent-up Gulf grain demandThe region relies heavily on imported food. A rush of grain is expected to reach these nations.
SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...
US–Iran peace deal to reopen Strait of Hormuz brings relief to trade: EEPCThis development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for ene...
Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...
India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
China's Xi says he reached important consensus with Kim in North Korea visit, KCNA reportsChinese President Xi Jinping and North Korean leader Kim Jong Un have agreed to safeguard regional and global peace. Their recent visit to ...