US President Donald Trump on Tuesday (local time) announced the opening of a new oil refinery in 50 years with the investment help from India's Reliance Industries Ltd.
Artificial Intelligence (AI) could contribute between USD 135.6 billion and USD 149.9 billion to the growth of Micro, Small, and Medium Enterprises (MSMEs) in the manufacturing sector as early as 2035. This projection, according to a PwC report titled "Unlocking the AI Edge for MSMEs," remai
Congress MP from Davanagere, Prabha Mallikarjun, on Saturday expressed concern over the recent hike in the price of LPG cylinders and urged the Government of India to reconsider the decision, stating that it would place an additional burden on middle-class and economically weaker househol
Concerns are growing among common citizens in Himachal Pradesh after the recent increase in LPG cylinder prices, with many saying the hike will further burden poor and middle-class households amid global tensions in the Middle East.
The report noted, "If the crisis persists, it could have material implications for the exchange rate and the current account deficit and could stoke inflationary pressures."
Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Glob
New Delhi [India], March 5: The Medical Travel Company (TMTC), in collaboration with the Chamber of Commerce & Industry of India (CCI India), hosted a high-level dialogue at Taj Mansingh, New Delhi to release "The New Geography of Care" - a landmark white paper outlining how economics, wait
The ongoing conflict in West Asia following the U.S.-Israeli attack on Iran and the subsequent retaliatory strikes by Iran across the region could increase economic and market volatility, particularly if the conflict continues for several weeks, according to a report by Morgan Stanley.
Speaking to ANI, Deka said that the tea is usually rerouted through Dubai, which also acts as an exporting centre in the Middle East. He further stated that the conflict had occured at a time when Assam's tea exports had gotten better, and if the current regime in Iran changed, the situat
Amid escalating tensions in West Asia, the International Monetary Fund (IMF) on Tuesday said that it is "closely monitoring developments" and it will be too early to assess the economic impact on the region and the global economy.
New Delhi [India], March 3: USD 2 Billion - ₹ 18000 Crore: BSL has developed a strategic roadmap to achieve this ambitious target in business facilitation for FY 2026 - 28 for the Apparel and Lifestyle Industry, reinforcing its commitment to delivering measurable economic impact and sustaina
If the oil prices move higher it would be negative for Asian stocks, but if the ongoing conflict ends relatively quickly, any adverse impact on markets is likely to be short-lived, according to a report by Invesco.