Economy

Oil at $113, Conflict Risks Rising: CEA Nageswaran Flags Inflation, Remittance Pressure

Business News Desk5 hours ago5 hours ago03 mins mins

India’s Chief Economic Advisor (CEA) V. Anantha Nageswaran has cautioned that crude oil prices hovering around $113 per barrel, coupled with escalating geopolitical conflicts, could intensify inflationary pressures and strain remittance flows. His remarks highlight the vulnerabilities of India’s economy to external shocks, particularly in energy imports and overseas worker remittances, which are critical for…

West Asia War: India FY26 Growth to See Limited Hit, But Oil Price Pass-Through Looms

Business News Desk1 day ago1 day ago03 mins mins

India’s economic outlook for FY26 is under close watch as the ongoing West Asia war raises concerns about global stability, energy markets, and trade flows. While analysts suggest that India’s overall growth trajectory will face only a limited impact, the oil price pass-through effect remains a looming challenge that could influence inflation, fiscal balances, and…

World Finance Chiefs Head to IMF with a Sense of Déjà Vu

Business News Desk4 days ago4 days ago03 mins mins

Global finance leaders are gathering at the International Monetary Fund (IMF) meetings with a familiar sense of déjà vu, as many of the challenges confronting the world economy today echo those faced during previous crises. Inflationary pressures, debt distress in emerging markets, geopolitical tensions, and sluggish global growth are once again dominating discussions, underscoring the…

IMF Chief Warns Iran Conflict Threatens Global Economic Growth

Business News Desk6 days ago6 days ago02 mins mins

The International Monetary Fund (IMF) has issued a stark warning that escalating tensions involving Iran could pose a serious threat to global economic growth. The IMF chief highlighted that disruptions in energy supplies, rising geopolitical risks, and potential instability in financial markets could derail recovery efforts in both advanced and emerging economies. Key Concerns Raised…

World Bank Sees India Growth at 6.6% in FY27, Flags Inflation Risk from Energy Prices

Business News Desk1 week ago1 week ago03 mins mins

The World Bank has projected India’s economy to grow at 6.6% in FY27, reinforcing the country’s position as one of the fastest-growing major economies. However, the global lender has also flagged inflation risks stemming from volatile energy prices, cautioning policymakers to remain vigilant as external shocks could impact domestic stability. India’s Growth Outlook India’s growth…

Rupee Opens 40 Paise Higher at Rs 92.64 per Dollar on Iran Ceasefire as Traders Eye RBI Policy Meet

Business News Desk1 week ago1 week ago03 mins mins

The Indian rupee opened 40 paise stronger at Rs 92.64 per dollar on Wednesday, buoyed by global relief following the announcement of an Iran-US ceasefire. The truce eased geopolitical tensions in the Middle East, triggering a sharp fall in crude oil prices and boosting investor sentiment. Traders now turn their attention to the upcoming RBI…

Why Did RBI Keep Repo Rate Unchanged at 5.25%? Know These 5 Reasons

Business News Desk1 week ago1 week ago03 mins mins

The Reserve Bank of India (RBI) decided on April 8, 2026, to keep the repo rate unchanged at 5.25% and maintain a neutral stance. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, cited inflationary risks, global uncertainties, and the need to balance growth with stability as the key drivers behind this decision. 1….

Nomura Downgrades Indian Stocks to Neutral from Overweight, Suggests Shifting to Korea and China

Business News Desk2 weeks ago2 weeks ago02 mins mins

Nomura has downgraded Indian equities to neutral from overweight, citing elevated energy prices due to the Iran conflict, weaker domestic inflows, and India’s limited participation in the global AI boom. The brokerage has cut its Nifty 50 target for December 2026 to 24,500 from 29,300, recommending investors shift focus toward Korea and China. Why Nomura…

From Assembly to Ambition: How India Is Building Its Electronics Backbone

Business News Desk2 weeks ago2 weeks ago04 mins mins

India’s electronics industry is undergoing a remarkable transformation, moving beyond simple assembly lines to building a robust backbone for innovation, manufacturing, and global competitiveness. Once seen primarily as a hub for low-cost labor and assembly operations, India is now positioning itself as a key player in the global electronics supply chain. With government initiatives, private…

India Allows Zero Duty on Petrochemical Imports to Cushion Industry from Supply Crunch

Business News Desk2 weeks ago2 weeks ago03 mins mins

In a significant policy move, the Government of India has announced zero duty on petrochemical imports to safeguard domestic industries from an ongoing supply crunch. The decision comes at a time when global petrochemical markets are facing disruptions due to geopolitical tensions, shipping bottlenecks, and rising demand across Asia. By removing import duties, India aims…

Oil at $113, Conflict Risks Rising: CEA Nageswaran Flags Inflation, Remittance Pressure

SIA Chief Set to Meet Tata Sons and AI Chairman N Chandrasekaran Today

Aurobindo Pharma Arm Expands MSD Pact, to Set Up $150-175 Million Facility

Suraj Estate Acquires Mumbai Dadar West Plot, Targets ₹100 Crore Redevelopment Project

Industrial AI Startup Intellithink Raises Rs 17 Crore in Round Led by Pentathlon Ventures

West Asia War: India FY26 Growth to See Limited Hit, But Oil Price Pass-Through Looms

Oil at $113, Conflict Risks Rising: CEA Nageswaran Flags Inflation, Remittance Pressure

West Asia War: India FY26 Growth to See Limited Hit, But Oil Price Pass-Through Looms

World Finance Chiefs Head to IMF with a Sense of Déjà Vu

IMF Chief Warns Iran Conflict Threatens Global Economic Growth

World Bank Sees India Growth at 6.6% in FY27, Flags Inflation Risk from Energy Prices

Rupee Opens 40 Paise Higher at Rs 92.64 per Dollar on Iran Ceasefire as Traders Eye RBI Policy Meet

Why Did RBI Keep Repo Rate Unchanged at 5.25%? Know These 5 Reasons

Nomura Downgrades Indian Stocks to Neutral from Overweight, Suggests Shifting to Korea and China

From Assembly to Ambition: How India Is Building Its Electronics Backbone

India Allows Zero Duty on Petrochemical Imports to Cushion Industry from Supply Crunch