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WEST ASIA WAR
RBI GDP Growth 2026: Malhotra & Co raise FY27 GDP forecast to 7.1% from 6.7%RBI GDP Growth 2026: The Reserve Bank of India has updated its growth forecast for fiscal year 2026-27 to 7.1%. This adjustment comes after...
Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
$100/barrel crude on screen, $145/barrel in physical market: Kotak Securities sees two pricesCrude oil’s physical market price could reach nearly $145 a barrel even if benchmark prices show $100, as soaring VLCC shipping costs widen...
'Iran signed NPT, India did not...situation is very different': Jaishankar highlights distinctions, deepening global energy crises amid West Asia turmoilExternal Affairs Minister S Jaishankar said India's non-signatory status under the NPT gives it a different position from Iran, which is an...
Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET PollOn Monday, the Reserve Bank of India's Monetary Policy Committee will hold important meetings. Analysts are anticipating a 25 basis points ...
Charting the global economy: US employment growth moderatesThe labor market in the US revealed sluggish growth in September, with only 29,000 jobs added, alongside a significant deceleration in wage...
Russian crude to remain part of energy mix: Jaishankar to PanelAs traditional oil suppliers face challenges, India's significant reliance on Russia for crude oil came into focus. External Affairs Minist...
In Graphics: How the cost of Iran war piled upAs crude oil prices rose, India paid more for this critical import even though it got less of it, data shows. Trade with major partners in ...
Department of Commerce extends RELIEF program timelines to support exporters facing geopolitical risksThe Department of Commerce announced an extension of timelines under Component II of RELIEF - Resilience & Logistics Intervention for Expor...
Oil Price Today (October 1): Crude oil at $98 as investors assess supply recovery, peace deal talks. What are analysts saying?Brent crude was trading near $98 a barrel after touching $104 during Wednesday’s intraday trade. West Texas Intermediate (WTI) for November...
‘Major food crisis’ looms in coming months: S JaishankarS. Jaishankar highlighted the looming food crisis caused by fertiliser shortages from geopolitical tensions in Ukraine and the Gulf. He emp...
Iran Rial hits record lowIran's currency, the rial, has fallen to over 2.5 million rials against the US dollar recently. This decline reflects the negative impact o...
Kazakhstan echoes Indian approach to end wars through diplomacyDuring a speech at the UN General Assembly, Kazakhstan's Foreign Minister Mukhtar Tileuberdi voiced his apprehensions about the persistent ...
UAE to invest another $25 billion in India, eyes energy betsThe UAE is set to invest an additional $25 billion in India, strengthening energy cooperation between the nations. India and the UAE are ex...
Iran ready for ‘doomsday war’ with US, foreign minister says after Trump rejects ceasefireIranian Foreign Minister Seyyed Abbas Araghchi stated that the country is ready for war against the US. He confirmed that Iran's proposal f...
Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FMRussia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian...
'Serial practitioner of terrorism': EAM Jaishankar takes aim at Pakistan in UN addressJaishankar addressed the 81st session of the United Nations General Assembly regarding global conflicts. He highlighted that nations far fr...