#west-asia-conflict
Resilient, not shock-free: India charts path through war jitters
India's economy faces challenges from the West Asia conflict. Rising oil prices and trade disruptions are impacting India. However, strong domestic demand and stable financial conditions provide resilience. The government and Reserve Bank of India are taking …
West Asia war has a crude lesson for Indian economy: Cut the oil imports
The West Asia conflict has exposed India's vulnerability to energy shocks, prompting calls to reduce crude oil imports and boost energy security. An RBI MPC member stressed the need for increased domestic exploration and a faster transition to alternative ene…
India must map, monitor economic vulnerabilities in energy, food, other areas: EAC-PM chairman
Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev in an interview with PTI further said the ongoing West Asia conflict highlights the need for a forward-looking approach to risk management.
India's LPG consumption slides 16% in April amid West Asia conflict
LPG consumption stood at 2.2 million tonnes in April, 16.16 per cent lower than 2.62 million tonnes consumed in the same period last year
India's LPG consumption slides 16 pc in April amid West Asia conflict
Cooking gas LPG use in India saw a significant 16 percent drop in April. Supply issues stemming from the West Asia conflict impacted availability for homes and businesses. This led to reduced consumption compared to last year and the previous month. Other fue…
Air India board meeting on May 7; cost-saving steps, CEO selection likely on agenda
Air India's board meets May 7 to discuss cost cuts and a new CEO. The airline faces significant losses and challenges from rising jet fuel prices and West Asia conflict. Plans include unbundling meals and lounge access. The search for a new CEO is underway. T…
FSUI GS calls on government to step up efforts as stranded Indian seafarers return from Iran amid West Asia conflict
According to FSUI General Secretary Manoj Kumar Yadav, Indian seafarers stuck in Iran and nearby regions have been returning in phases, with many undertaking difficult routes via Armenia.
West Asia conflict triggers energy shock, tests Asia’s growth resilience
Asia faces economic challenges as a West Asia conflict disrupts energy markets. This shock impacts inflation and growth across the region. India, a major energy importer, is particularly affected. Governments are implementing measures to ease the burden. Cent…
West Asia conflict disrupts scrap supplies to aluminium producers, raises costs
West Asia conflict disrupts scrap supplies, raising costs for India's aluminium producers and impacting the auto industry.
West Asia conflict may push fertiliser subsidy past Rs 2 lakh crore
India Business News: New Delhi: West Asia conflict disrupting supply of finished fertilisers and raw materials is set to push subsidy for soil nutrients beyond Rs 2 lakh c.
India needs to reduce the strategic importance of fertilisers through a bold agricultural policy
Global events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis for India. The nation faces a future scarcity fear, leading to panic buying. Bold agricultural policy is needed to reduce…