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WEST ASIA WAR IMPACT ON INDIA
Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: ReportLenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...- West Asia conflict may pressure hospitality occupancy, warns ICRA; FY27 estimate at 72-74%Hospitality sector occupancy is projected at 66-68% for early FY27, rising to 72-74% for the full year, according to ICRA. However, prolong...
- Basmati prices may fall 5–10% as Strait of Hormuz closure hits exports"After the interim (US-Iran) peace deal was announced, exporters started buying basmati rice in good quantities for shipment to the Middle ...
- 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...
- Despite West Asia crisis, net direct tax mopup grows 15% to Rs 5.2 lakh croreIndia's direct tax collections have seen a significant rise of over 14 percent. This growth is driven by strong advance tax payments from c...
- 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...
- War, oil and El Nino: Triple threat may cut India Inc's profit margins by 150 bpsIndia Inc faces challenges ahead. Geopolitical tensions in West Asia and El Nino conditions may hurt company profits. Operating profit marg...
- India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensionsThe government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situatio...
- Fuel prices in India won't fall immediately despite global crude slump, MoS Suresh Gopi reveals whyUnion Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit ti...
- From Oman to Tanzania: How the Iran war is redrawing India’s trade mapIndia's trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also ...
- India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
- Indian LNG carrier Disha crosses HormuzAn Indian LNG carrier, Disha, has successfully navigated the Strait of Hormuz. This marks the first Indian LNG tanker to cross the war-affe...
- Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
- 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...
- Hope US-Iran deal will help restore peace: PM ModiIndia has embraced the recent agreement between the United States and Iran as a beacon of hope for peace in West Asia. Prime Minister Naren...
- India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
- West Asia peace deal seen boosting India's textile exportsIndia's textile exports are set for a boost following the end of the West Asia conflict. European orders are expected to rise, improving pr...
- US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
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