global supply chains

Washington, April 10 – Rising geopolitical tensions are beginning to reshape economic expectations, with the World Bank’s president, Ajay Banga, warning that prolonged conflict could dampen growth, fuel inflation, and strain vulnerable economies.Speaking at the Atlantic Council, World Bank...

Washington, April 6 – Global energy markets and supply chains are coming under pressure as tensions over Iran and the Strait of Hormuz escalate, with oil prices rising sharply and fears mounting over disruptions to one of the world’s most critical shipping routes.Oil prices climbed after US...

Raipur, April 4 External Affairs Minister S Jaishankar on Saturday said that India has successfully navigated recent global shocks that tested its resilience, an apparent reference to the ongoing military conflict in West Asia.Speaking at the graduation ceremony of IIM Raipur, Jaishankar...

Colombo, March 27 A man who was accused of hoarding four litres of petrol in a town in northwest Sri Lanka has been sentenced to 21 days in jail.Sri Lanka has banned fuel hoarding shortly after the joint attack by the US and Israel on Iran.Lasantha Kumara Balasuriya, 48, from the...

New Delhi, March 23 – The Congress on Monday suggested that India should lead peace talks in West Asia and also called on Prime Minister Narendra Modi to inform citizens about the steps being taken to address the LPG shortage and rising inflation in the country.Congress MP Priyanka Gandhi...

New Delhi, March 22 Indian companies are facing disruptions ranging from shipment delays to shortages of key raw materials due to the ongoing West Asia conflict, the Confederation of Indian Industry (CII) said on Sunday, highlighting growing stress across sectors dependent on global trade flows...

New Delhi, March 21 Prime Minister Narendra Modi spoke to the President of Iran, Masoud Pezeshkian, on Saturday, condemning the attacks on critical infrastructure in West Asia, while emphasizing the importance of safeguarding freedom of navigation and ensuring that shipping lanes remain open and...

New Delhi, March 21 Prime Minister Narendra Modi on Saturday extended Eid and Nowruz greetings to Iranian President Masoud Pezeshkian, expressing the hope that this festive season brings peace, stability, and prosperity to West Asia.In his telephone conversation with the Iranian leader, Prime...

March 20, New Delhi — In Washington, Japanese Prime Minister Sanae Takaichi stated on Friday that her country is ready to support United States efforts to promote peace and prosperity globally.Following talks with US President Donald Trump, the two leaders agreed to maintain close coordination...

Washington, March 14 – The United States has expanded authorizations for Venezuela's energy and petrochemical sectors, a move that could help stabilize global fertilizer and oil supplies – developments closely watched by major importers such as India.The US Treasury Department said the changes...

Washington, March 11 – American farm leaders warned US lawmakers on Tuesday that the conflict involving Iran could drive up global fertilizer and fuel prices, adding further pressure on farmers already struggling with rising costs and volatile markets.The warning came during a hearing of the...

New Delhi, February 21 India is working to expand the preferential trade agreement with the South American trade bloc, Mercosur, to further promote trade and investment between the two regions, Commerce and Industry Minister Piyush Goyal said on Saturday.Mercosur is a trade bloc in Latin...

New Delhi, February 21 The ability of industry leaders to understand and implement technology is essential to maintaining India's prosperity in a changing landscape where AI and climate change are becoming increasingly important, AIMA President TV Narendran said on Saturday.Speaking at the...