Global oil prices extended gains on Tuesday morning as the war in West Asia showed no signs of easing and US president Donald Trump ramped up threats against Iran. Brent…
Category: Economy
Moody’s retains Baa3 ratings for India but warns prolonged West Asia conflict could hit growth, stoke inflation
International rating agency Moody’s retained its Baa3 (BBB-) sovereign credit rating for India with a stable outlook, but warned that the ongoing conflict in the Middle East would moderate real…
India resilient as global economy shifts from ‘shocks’ to ‘permanent volatility’
New Delhi: Trade fragmentation, along with the ongoing , means that 2026 could prove more challenging, as the global economy moves from episodic “shocks” to a state of “permanent volatility,”…
Mint Explainer | Why Opec+’s output increase in May won’t cool global oil prices
NEW DELHI: Oil prices have been on the boil since the war between the US, Israel and Iran broke out on 28 February. To ease supply concerns and prices of…
Jamie Dimon warns of higher inflation, interest rates from Iran war
JPMorgan Chase Chief Executive Jamie Dimon warned that the war in Iran could push up inflation and drag down financial markets even further if interest rates start to rise. In…
PMI data: India’s services sector grows at slowest pace in 14 months as West Asia conflict hits demand
India’s services sector grew at its slowest pace in 14 months during March, mirroring the slowdown in the growth of new business intakes, as West Asia conflict hit domestic demand,…
Brent above $110 on Trump’s fresh threats to Iran, OPEC+ output-hike decision caps surge
Global oil prices traded higher on Monday morning after US President Donald Trump threatened potential strikes on Iran’s power and other infrastructure if it fails to revoke the blockade on…
RBI likely to hold rates as war-driven risks cloud inflation and growth outlook
As the Reserve Bank of India (RBI) heads into its first policy decision of the new financial year on 8 April, a rate pause is widely expected even as a…
CII seeks urgent support as West Asia war-led supply chain crisis deepens
Supply-side pressures arising from the West Asia war continue to persist, and businesses need targeted liquidity support, industry lobby group Confederation of Indian Industry (CII) said on Sunday. The next…
Prices of rice, wheat, atta and pulses fall despite West Asia war
New Delhi: The government’s measures have kept prices of essential commodities in India stable, with staples such as rice, wheat, atta and pulses showing a decline over the year and…