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...
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Mumbai, March 5 Maharashtra's economy is expected to grow by 7.9 percent in 2025-26, with per capita income projected to reach ₹3.47 lakh, according to the Economic Survey presented in the state legislature on Thursday ahead of the budget.The agriculture and allied sector is expected to grow...
New Delhi, March 5 The Congress on Thursday questioned the Modi government's "criminal silence" on the "trampling upon" of the rules-based order by the US and Israel, and said that the impact of the West Asia conflict will be felt by the people of India as a recession will set in in the coming...
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Mumbai, March 5 Corporate earnings in India could face downside risks if the ongoing Iran conflict persists for more than a few weeks, as higher oil and gas prices threaten to weigh on the economy and markets, according to a report by Kotak Institutional Equities."We expect some downside risk...
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Mumbai, March 4 The rupee plunged by 56 paise to close at an all-time low of 92.05 against the US dollar on Wednesday, weighed down by soaring crude oil prices in the wake of the Iran crisis.Forex traders said the dollar index crossed 98 levels due to the risk-off sentiment prevailing globally...
Etawah (UP), March 4 Samajwadi Party chief Akhilesh Yadav celebrated Holi with party workers and locals of his native village Saifai, and called for the formation of a "PDA" government in the state, while launching a sharp attack on the BJP over a host of issues, including the alleged insult of...
New Delhi, March 4 Shares of oil marketing companies and paint manufacturers declined for the second consecutive day on Wednesday, as the deepening conflict in West Asia pushed crude oil prices higher.The stock of Hindustan Petroleum Corporation Ltd fell by 5.41 per cent, Bharat Petroleum...
Mumbai, March 4 Benchmark stock indices Sensex and Nifty closed more than 1 per cent lower on Wednesday, in line with a weak trend in Asian markets as the conflict in West Asia intensified, driving up oil prices.Falling for the fourth consecutive session, the 30-share BSE Sensex plunged...
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New Delhi, March 4 Silver and gold prices rebounded in futures trading on Wednesday, tracking firm demand in international markets as investors sought safe-haven assets amid escalating tensions in the Middle East following the US administration signaling that military operations against Iran...
Mumbai, March 4 The benchmark stock market indices, Sensex and Nifty, experienced significant losses on Wednesday, in line with the weak trend in Asian markets, as the conflict in West Asia intensified, driving up oil prices.Continuing its sharp fall from the previous session, the 30-share BSE...
New Delhi, March 4 India's services sector growth moderated slightly in February as new order growth slowed to a 13-month low amid slower improvement in demand and a pick-up in inflation, a monthly survey said on Wednesday.The seasonally adjusted HSBC India Services PMI Business Activity Index...
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New Delhi, March 3 Fitch Group company BMI said on Tuesday that the ongoing conflict in the Middle East could discourage investment in India, and offset the positive effects of trade deals with the EU and the US on GDP.A 10 per cent rise in crude prices could reduce India's GDP by -0.3 to -0.6...
Chandigarh, March 2 Senior Congress leader Bhupinder Singh Hooda on Monday termed the Haryana budget for 2026-27 as "rhetoric without reality" and alleged that the BJP government has pushed the state into a debt burden of more than ₹5.56 lakh crore.Indian National Lok Dal (INLD) president...
New Delhi, March 2 Shares of oil marketing companies and paint manufacturers declined on Monday, in line with the weak trend in equities, as the deepening conflict in West Asia drove crude oil prices higher.The stock of Indian Oil Corporation tumbled by 4.53 per cent, Hindustan Petroleum...
New Delhi, March 2 The escalating hostilities in the Middle East are increasing the risks for India and other Asian commodity importers, as military strikes and retaliatory attacks disrupt key energy and trade routes, Moody's Analytics said on Monday.The United States and Israel launched...
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India is unlikely to face any immediate disruptions in oil supplies despite the rising tensions around Iran and the Strait of Hormuz, but higher crude prices and broader macroeconomic pressures are expected in the near term, according to officials and analysts.Indian refineries currently have...
New Delhi, March 1 – India is expected to face volatility in oil prices and broader macroeconomic effects from the escalating Iran crisis, analysts said, adding that the country's oil supply chain does not yet face structural insecurity.Rising tensions in the Strait of Hormuz – through which a...
New Delhi, March 1 Stock markets will react negatively on Monday due to the escalating crisis in the Middle East, and the impact on equities will depend on how long the conflict lasts, analysts said.The US and Israel attacked Iran on Saturday. Iranian state media confirmed early Sunday that...
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New Delhi, February 27 Trimming the Indian economy by approximately Rs 12 lakh crore in the current financial year, following a revamp of the GDP calculation framework, may push the fiscal deficit higher, experts said.The Ministry of Statistics and Programme Implementation (MoSPI) released the...
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New Delhi, Feb 27 India's economic growth forecast was raised to 7.6 per cent for the current fiscal year, following a revamp of the GDP calculation framework, highlighting the resilience of the world's fastest-growing major economy amid global trade disruptions.The growth forecast for the...
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