Business

Oil shock to inflation risk: How the Iran war is reshaping India’s economic outlook

India's economic outlook is darkening due to rising oil prices, fertilizer costs, and supply disruptions from the Iran conflict. Economists…

3 months ago

‘GDP momentum intact, no need for extra borrowing’: Centre plays down impact of Middle East crisis

Despite global economic headwinds from the Middle East crisis, India's government remains optimistic about growth, citing strong domestic consumption and…

3 months ago

China’s exports jump 19.4 per cent in May, driven by tech and EV demand

China's exports surged 19.4% in May, exceeding forecasts, driven by robust demand for semiconductors and electric vehicles. Shipments to the…

3 months ago

Coal market reform: Government notifies rules for setting up coal exchanges

The government has notified rules for setting up coal exchanges to improve price discovery and transparency in the coal market.…

3 months ago

Strait of Hormuz closure: Why high oil prices may be a temporary shock only – explained

“Oil prices will be lower if Hormuz reopens earlier. Uncertainty remains high regarding the timing of Hormuz reopening, and oil…

3 months ago

Fitch trims India’s growth forecast to 6.4% as Middle East turmoil clouds outlook

Fitch Ratings has lowered India's FY27 GDP forecast to 6.4% due to rising costs from Middle East conflict impacting consumer…

3 months ago

Zoji La tunnel’s major ‘breakthrough’ milestone! World’s longest bi-directional road tunnel at high altitude an engineering marvel; stunning pics

The tunnel, a key strategic project that will ensure year-round connectivity between Kashmir and Ladakh, is set to reach a…

3 months ago

More measures on gold coming? Finance Ministry asks banks for information on gold metal loans

Despite a lower import volume of 721 tonnes compared with the previous year, India's gold import bill rose 24% to…

3 months ago

Rupee rebounds 20 paise to 95.41 against US dollar

The Indian rupee strengthened by 20 paise against the US dollar in early trade on Tuesday, opening at 95.47. This…

3 months ago

SpiceJet’s cash crunch deepens: Many pilots unpaid since March, airline seeks emergency loan

SpiceJet pilots and employees are still awaiting salaries owed since March, as the airline seeks an emergency government-backed loan. Internal…

3 months ago