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."
However, historical records from the Congress-led UPA government's tenure indicate that India too had reduced oil imports from Iran following pressure linked to US sanctions.
"It was clear since the Bihar Assembly election that Nitish Kumar would be sidelined afterwards. It was only due to public pressure that he was made Chief Minister. The end of his political career was predetermined," Rai told ANI.
Farmers in South Punjab and Sindh face rising taxes, high input costs, and market uncertainty ahead of the cotton sowing season. Agricultural groups are urging the government to remove GST on cottonseed products, warning that continued financial pressure could further reduce cotton cultivati
Infrastructure companies are increasingly diversifying their order books amid a slowdown in road project ordering, with competition intensifying and margin pressures rising in the sector, according to a report by PhillipCapital.
India's Consumer Price Index (CPI) inflation remained subdued across most states in January 2026, under the new CPI series, with the majority reporting inflation below the 3 per cent mark, according to a report by SBI Research.
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
JD(U) leader Harshvardhan Singh on Thursday hailed Nitish Kumar after he filed nomination for the upcoming Rajya Sabha elections, stating that he is not the person who can be pressured into doing anything.
Congress MP Manickam Tagore on Thursday criticised the Bharatiya Janata Party, alleging that it is using "power and pressure" to assert control over its allies and claiming that the developments in Bihar resemble a "backdoor entry model".
The Indian rupee recovered on Thursday after hitting an all-time low of 92.31 against USD, though currency experts believe the domestic currency is likely to remain under pressure due to ongoing geopolitical tensions and elevated crude oil prices.
Former Indian cricketer Dinesh Karthik said that there is always be a "bit more pressure" on defending champions India as they are "expected to win" against Egland in the second Final of the ICC T20 World Cup 2026.
Arsenal had an opportunity to extend their lead late in the match, but Leandro Trossard failed to convert from close range. Despite the pressure from the hosts, the Gunners held on for all three points.