The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.
The US will release 172 million barrels of oil "beginning next week" to stabilse markets amid war with Iran. President Trump vowed to "finish the job" despite Tehran's threats to "destroy" the economy. While Trump suggests there is "practically nothing left to target," Israel claims it ha
"Strongly condemn the shocking firing incident on former CM Farooq Abdullah sb & other senior leaders reported in Jammu today. Such acts of violence are deeply disturbing and raise serious concerns about the prevailing security scenario in the region," Karra posted on X.
The UEFA Champions League (UCL) Round of 16 (first-leg) delivered dramatic results as FC Bayern Munich and Atletico Madrid registered emphatic victories, while Liverpool FC suffered a shock defeat and FC Barcelona were held to a draw in their respective first-leg encounters.
"9 days into Operation Epic Mistake, oil prices have doubled while all commodities are skyrocketing. We know the U.S. is plotting against our oil and nuclear sites in hopes of containing huge inflationary shock," Araghchi wrote.
It is reported that smoke and flames suddenly began spreading from a section of the factory. Shocked by the incident, the workers present at the site immediately evacuated the premises.
Government sources have signalled an improvement in India's energy security, noting that the nation's stock levels are on an upward trajectory despite the volatility in West Asia.
Officials indicated that recent assessments have provided the administration with a much-needed cushion, statin
Sri Lankan MP Harsha de Silva expressed shock over the US torpedoing an Iranian warship, IRIS Dena, in the Indian Ocean and said that they did what they had to do after getting a distress call.
"'Inflation Man Modi' Delivers a Shock to the Public. The Modi government has directly increased the price of domestic LPG cylinders by 60 rupees. Meanwhile, for commercial LPG cylinders, you will now have to pay 115 rupees more," the INC wrote on X.
"It is not shocking that America is happy with the trade deal. As per the trade deal, we are decreasing the import tax, especially in the agricultural sector. They (US) are increasing it. The statement issued by the US Treasury Secretary regarding Russian oil is extremely catastrophic. Fr
India's macroeconomic outlook remains resilient despite heightened global risk conditions and escalating military tensions in West Asia. According to a report by Shriram Wealth, while immediate market volatility persists, India's strong foreign exchange reserves of over USD 700 billion and m
TMC leader Kunal Ghosh on Thursday expressed shock over the resignation of C. V. Ananda Bose as the Governor of West Bengal, saying that the party leadership is closely monitoring the developments.