Economy
The Indian government is closely monitoring the financial situation of state-run fuel retailers as global oil prices continue to rise due to geopolitical tensions in the Middle East. Hardeep Singh Puri stated that authorities will eventually need to assess how long public fuel companies can continue......
The Indian rupee and government bond markets are expected to remain highly sensitive to upcoming inflation data as global investors continue to monitor geopolitical tensions linked to the ongoing conflict involving the United States and Iran. The currency and debt markets in India have been influenced......
India and Peru are expected to resume negotiations on a proposed free trade agreement in June, according to diplomatic sources, as both countries seek to strengthen economic cooperation and expand trade opportunities. The discussions are aimed at finalizing a comprehensive trade pact that could enhance......
Asia is facing a dangerous convergence of inflationary pressures as a looming El Niño weather event and record temperatures compound the economic fallout from the Middle East oil crisis, threatening to drive food and energy costs sharply higher in the second half of 2026 at a moment when central......
Global asset management giant BlackRock is preparing to invest in a dollar-denominated bond issued by a subsidiary of India’s Shapoorji Pallonji Group, according to financial market sources familiar with the transaction. The planned investment could range between 100 million and 200 million U.S.......
Indian liquor producer Radico Khaitan has resumed shipments to Gulf countries after exports were temporarily disrupted by regional geopolitical tensions earlier this year. Company officials stated that deliveries gradually restarted in late April following a slowdown that affected trade and consumer......
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......
