3+ hour, 15+ min ago  (499+ words) Former Chief Economic Advisor Dr Arvind Subramanian warns that India faces a stagflationary shock due to the US-Iran war and the disruption of the Strait of Hormuz. In an interview with Rajdeep Sardesai, he states that 'on certain reasonable assumptions,…...

17+ hour, 11+ min ago  (767+ words) Rupee could weaken further and may even touch the 100 mark against the US dollar if the ongoing Iran war continues, according to a Bloomberg report citing global analysts and market data. The currency has already been under pressure and any…...

2+ day, 9+ hour ago  (332+ words) Indian stock markets came under pressure, with banking stocks seeing sharp declines as global uncertainty continues to rise. The ongoing conflict entering its fifth week and crude oil prices crossing $115 a barrel have made investors nervous. Market expert Neeraj Dewan…...

5+ day, 12+ hour ago  (631+ words) The rupee has quietly become one of the clearest indicators of stress in the economy. On Friday, it slipped past Rs 94.7 against the US dollar, its weakest level yet. That number may not seem dramatic, but it reflects pressures that…...

1+ week, 1+ day ago  (119+ words) PM warns of long-term economic impact of West Asia crisis, assures India's fundamentals are strong'India Today PM warns of long-term economic impact of West Asia crisis, assures India's fundamentals are strong PM warns of long-term economic impact of West Asia…...

1+ week, 2+ day ago  (371+ words) Pakistan has sharply raised the price of high-octane fuel, tripling the levy to PKR 300 per litre from PKR 100, as tensions in the Middle East and disruptions around the Strait of Hormuz continue to strain global oil supplies. The decision was…...

3+ week, 2+ day ago  (445+ words) Global crude oil prices have risen sharply due to the ongoing conflict in the Middle East, but India does not expect the surge to significantly push up inflation, Finance Minister Nirmala Sitharaman said on Monday. Replying in writing in Parliament,…...

3+ week, 2+ day ago  (561+ words) The head of the International Monetary Fund (IMF) has warned that the ongoing conflict in West Asia could create serious economic risks if it continues for a long time, reported Bloomberg. IMF Managing Director Kristalina Georgieva said countries should be…...

3+ week, 4+ day ago  (976+ words) Think about the last time you filled up your car or boarded a flight. Somewhere in that fuel's history is a refinery engineer who had to pick up a barrel of crude oil. For decades, a surprisingly large number of…...

3+ week, 5+ day ago  (548+ words) Exporters and farmers from Maharashtra are facing heavy financial losses after nearly 800 to 1,000 containers carrying agricultural produce were stranded at Dubai's Jebel Ali port due to disruptions triggered by the ongoing US-Iran war. Jebel Ali, one of the largest ports…...