Economy
India’s retail inflation increased to 3.93% year-on-year in May, compared to 3.48% in April, according to official government data released on Friday. The rise was mainly driven by higher prices in food and fuel categories, which continue to put pressure on household budgets. The latest figures......
Foreign investors withdrew a net 26.6 billion dollars from emerging market portfolios in May, reversing the rebound seen in April and underscoring renewed volatility in global capital flows. Equity sales in Asia drove most of the outflows, outweighing more stable demand in emerging market debt. The......
The chief executive of BASF has warned that an escalating conflict involving Iran could trigger widespread shortages of key raw materials and disrupt global automotive manufacturing in the second half of 2026. Markus Kamieth said supply chains are increasingly exposed to geopolitical shocks that are......
India has introduced new policy measures aimed at increasing foreign investment in its government bond market, including tax exemptions for overseas investors and expanded market access. The reforms are designed to attract fresh capital inflows and strengthen the country’s position in global bond......
Morocco is positioning itself as a strategic partner for Indian industrial expansion following its emergence as Africa’s top-ranked industrial economy. The country is targeting investment in defense, automotive, aerospace, green technologies, and logistics, presenting itself as a gateway linking......
A new set of economic forecasts identifies an oil supply shock linked to tensions involving Iran as a leading inflation risk for the United States. The disruption centers on instability in global energy flows following conflict escalation in the Middle East and restricted maritime movement through the......
Morocco is increasingly positioning itself as a key industrial and logistical gateway connecting Indian companies to both European and African markets, according to analysis published by the Indian newspaper The Economic Times. Citing a recent report from the African Development Bank on industrialization......
India is exploring opportunities to secure greater access to strategic raw materials in Russia as part of its broader effort to strengthen industrial supply chains and support the long-term growth of its manufacturing sector. According to sources familiar with the discussions, representatives from major......
India has introduced new packaging rules for cooking oils aimed at making it easier for consumers to compare prices and identify the best value products on store shelves. Under the new regulations, cooking oil manufacturers and importers will be required to sell their products in a limited range of......
India has taken another step in its energy transition by introducing gasoline blended with 85% ethanol, commonly known as E85. The new fuel is expected to be offered at a lower price than conventional gasoline blends, reflecting the country's broader efforts to promote cleaner energy sources and......
India and the United States are accelerating efforts to finalize the first phase of a bilateral trade agreement, with both countries aiming to conclude negotiations by mid-July, according to India's Commerce Minister Piyush Goyal. Speaking on Friday, Goyal said officials from both sides have intensified......
Indian energy company Nayara Energy has announced the successful completion of a scheduled maintenance and modernization program at its Vadinar refinery in the western state of Gujarat, marking an important step in strengthening the country’s refining capabilities. The Vadinar facility, one of......
Venezuela’s crude oil and fuel exports climbed to 1.25 million barrels per day in May, marking a third consecutive monthly increase. The growth reflects a steady recovery in the country’s energy sector as international buyers expand purchases of Venezuelan crude despite ongoing political......
