global economy

Washington, March 24 – India's External Affairs Minister S. Jaishankar and U.S. Secretary of State Marco Rubio spoke by phone on Monday about the West Asia crisis. They discussed its impact on the global economy and energy supplies. Both agreed to continue working together."Had a detailed...

New Delhi, March 23 External Affairs Minister S Jaishankar spoke with US Secretary of State Marco Rubio on Monday, focusing on the consequences of the Middle East conflict on the global economy.The Jaishankar-Rubio phone conversation came hours after US President Donald Trump extended...

March 23, New Delhi: Prime Minister Narendra Modi, addressing the Lok Sabha amidst the ongoing West Asia conflict, stated that the situation arising from the war is likely to have long-term effects. He urged citizens to remain calm and united during this period of crisis.PM Modi called on...

Washington, March 22: India’s economic momentum is facing a fresh challenge as the ongoing US-Israeli conflict with Iran disrupts its deep-rooted ties with the Gulf, a key pillar of trade, energy supplies, and remittances, according to a report in The New York Times.Just weeks ago, India...

Srinagar, March 20 National Conference president Farooq Abdullah said on Friday that the war between Iran and the US-Israel coalition needs to come to an end quickly, as it could have massive repercussions for the global economy."This (war) will have severe consequences not only for the Indian...

Washington, March 19 – Japanese Prime Minister Sanae Takaichi told President Donald Trump on Thursday that she believed he alone could deliver peace in a world facing a severe security crisis, as the two leaders met at the White House against the backdrop of tensions in the Middle East and...

New Delhi, March 19 The global trade growth is expected to slow down to 1.9 per cent this year amid the West Asia crisis, the WTO said on Wednesday.WTO economists warn that the ongoing conflict in West Asia could further reduce trade growth if energy prices remain elevated, it said.It would...

March 17, New Delhi: Commerce Minister Piyush Goyal stated that the Indian economy remains strong despite the ongoing crisis in the Middle East.Responding to a supplementary question in the Lok Sabha, the minister said there is growing enthusiasm worldwide to strengthen trade relations with...

Beijing, March 16 China called on all sides to immediately halt military operations in West Asia on Monday, in response to US President Donald Trump's call for other countries, including Beijing, to help keep the Strait of Hormuz open for international transport.The effective closure of the...

New Delhi, March 13 As the West Asia crisis intensifies, India is facilitating discussions among the BRICS member nations to develop a common approach on the Iran-US conflict, authoritative sources said on Friday.The issue was also discussed in the phone conversation between External Affairs...

March 13, New Delhi – Philippine Trade Secretary Cristina Roque highlighted on Friday that the conflict in West Asia demonstrates the deep interconnectedness of the global economy, with geopolitical tensions causing immediate economic shocks.Speaking at an ASEAN economic ministers' meeting in...

March 10, New Delhi – The head of the International Energy Agency (IEA), Fatih Birol, also participated in the meeting of G7 Finance Ministers concerning the global economic situation and the conflict in West Asia.Speaking about the IEA's assessment of the global oil market conditions, the IEA...

Johannesburg, March 10 India has a significant role to play in reshaping the post-World War II world order, which is on the verge of collapse, South African Deputy Minister of Trade and Industry Zuko Godlimpi told a gathering of business leaders, academics, and policymakers in Pretoria on...

Thiruvananthapuram, March 8 Kerala Chief Minister Pinarayi Vijayan on Sunday strongly criticised the Centre for not condemning the US-Israel attack on Iran, alleging that it had brought disrepute to the country and its people.Addressing an anti-war rally organised by the Left Democratic Front...

New Delhi, March 8 Gold prices are expected to remain volatile next week as investors monitor geopolitical developments in the Middle East and key macroeconomic data releases that could shape sentiment in the domestic market, analysts said."Attention will again be focused on developments in...

New Delhi, March 6 In this era of changing geopolitics, oceans have once again come to the center of the world's power balance, and it is India's responsibility to provide leadership with confidence and capability, Defence Minister Rajnath Singh said on Friday, referring to the escalating...

New Delhi, March 6 India could face pressure on the rupee, higher inflation, and a widening current account deficit if the escalating Middle East conflict drives up energy prices and disrupts supplies, given its heavy dependence on crude and LNG imports from the region, according to Moody's...

Kolkata, March 6 In this era of changing geopolitics, oceans have once again come to the center of the world's power balance, and it is India's responsibility to provide leadership with confidence and capability, Defence Minister Rajnath Singh said on Friday, referring to the escalating conflict...

Colombo, March 3 Sri Lankan President Anura Kumara Dissanayake urged all parties involved in the ongoing West Asia conflict on Tuesday to commit to a swift and peaceful resolution, highlighting the conflict's repercussions on the global economy.President Dissanayake made these remarks while...

Prime Minister Narendra Modi stated that India remains a beacon of hope for the world due to its strong economy. He said that as India emerges as a beacon of hope, rapid economic development has become essential for achieving the vision of "Viksit Bharat" (Developed India).Speaking in a...