Economy
Indian e-commerce platform Meesho reported a sharp reduction in its quarterly losses, supported by strong growth in order volumes, rising revenues, and improved operating margins. Strong growth in orders and revenue During the fourth quarter, Meesho recorded significant expansion in its business activity,......
India aims to reach $25 billion in bilateral trade with Vietnam by 2030, according to Prime Minister Narendra Modi, following high-level talks in New Delhi with Vietnamese President To Lam. The announcement was made during President To Lam’s first official visit to India, marking a new phase in......
India is preparing to issue a new 10-year government bond that is expected to carry a coupon rate above 7%, according to market analysts. This would mark the first time in two years that such a level has been reached, reflecting growing pressure on borrowing costs. The government plans to raise around......
Dubai International Airport, the world's busiest hub for international passenger traffic, recorded a 65.7 percent year-on-year drop in passenger numbers in March 2026, welcoming just 2.5 million travelers as the conflict involving the United States, Israel, and Iran triggered repeated airspace closures......
A severe jet fuel shortage triggered by the closure of the Strait of Hormuz has sent shockwaves through global aviation, forcing airlines to slash schedules, raise fares, and in at least one case cease operations entirely. The crisis traces directly to military strikes launched by the United States and......
Indian battery manufacturer Exide Industries Ltd reported a significant increase in its quarterly performance, supported by strong demand from the automotive sector and favorable tax policies. The company benefited from sustained growth in vehicle sales across multiple segments, including two-wheelers,......
India has restarted wheat exports after a four-year pause, signaling a shift in its agricultural trade policy. The decision follows improved harvests and the rebuilding of national reserves, allowing authorities to re-enter global markets cautiously. As the world’s second-largest wheat producer......
The Strait of Hormuz closure blocks 20% of global oil and comparable liquefied natural gas flows, sparking the modern era's largest energy disruption. Asian governments ration fuels, revive coal power, and fast-track nuclear plans. Western oil majors post surging profits as supplies dwindle. The......
Indian consumer goods group AWL Agri Business is facing mounting cost pressures as global oil-linked expenses surge בעקבות geopolitical tensions in the Middle East. According to company executives, the cost of key inputs—such as fuel, chemicals and packaging materials—has increased......
British carrier Ascend Airways has entered liquidation as rising fuel costs linked to the war involving Iran intensify pressure across the global aviation industry. The collapse comes only three years after the airline launched operations and reflects growing financial strain on carriers facing surging......
Two months after the outbreak of war in Iran, a global energy shock is forcing millions of households in Africa and South Asia to abandon cleaner cooking fuels and return to charcoal and firewood. The surge in fuel prices has disrupted access to liquefied petroleum gas and other modern energy sources,......
Morocco’s Ministry of Industry and Trade has opened a safeguard investigation into rising rice imports after a formal complaint from two domestic producers. The inquiry, which began on April 13, covers both white and brown rice and comes at a sensitive moment for the agricultural sector as farmers......
India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......
