India’s growing trade gap with China is no longer just about buying more and selling less, but it is also about how deeply Indian manufacturing relies on Chinese industrial supplies at present.A new report by think tank Global Trade Research Initiative has flagged that while China makes up around 16% of India’s total imports, its…
Wars and geopolitical conflicts often have unexpected impacts for economies. Countries are struggling with tight energy supplies and companies in the Gulf are forced to rethink their production volumes. The key question is, what impact will the Middle East conflict have on Indian companies?While most Indian retailers are facing losses amid supply concerns, the Iran…
Union minister for electronics and information technology and railways Ashwini Vaishnaw on Tuesday laid out a roadmap to transform southern India’s transportation, placing the proposed bullet train network as a major driver of economic integration across key cities while also announcing significant rail and digital infrastructure expansion.Addressing the groundbreaking ceremony of the Google Cloud India…
Nearly all Indian refiners, except Numaligarh Refinery, are now importing Russian crude. (AI image) India’s imports of crude oil from Russia have dropped from the highs seen in March when the supply disruptions from the Middle East caused by the US-Iran war and the Strait of Hormuz closure prompted refiners to step up buys from…
Prime Minister Narendra Modi is on a two-day visit to Sikkim, where he is participating in the State’s Golden Jubilee celebrations of statehood. During the event, the Prime Minister described the Northeast as India’s “Ashtalakshmi” and highlighted the Himalayan State’s significance within it. During the visit, he also inaugurated and laid the foundation stone of…
Gold price prediction today: Any upside in gold prices is likely to be capped by gains in crude oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across markets. But Iran, one of the key flashpoints in the crisis, seems to be dealing with a different kind of pressure altogether. Instead of just struggling with disrupted exports, the country is now staring…
New Delhi: Automobile manufacturers will face cost pressures that is expected to impact their margins and slow down demand in the coming quarters as prices of key raw materials, including steel, metals and plastics , have risen sharply since March, latest data from the Society of Indian Automobile Manufacturers (Siam) showed. Due to war in…
Sridhar Vembu (File photo) Bengaluru: Zoho founder Sridhar Vembu has urged Indians living in the US to consider returning home, arguing that their global standing will increasingly depend on India’s own economic and technological strength. In an “open letter to Indians in America” posted on X, Vembu said that while the diaspora has achieved notable…
MUMBAI: General Atlantic and Accel backed new-age insurer Acko has kicked off IPO process, roping in Morgan Stanley, ICICI Securities and Kotak Securities as bankers for the issue expected to hit Dalal street in early 2027, said people in the know. The company, which is planning to make a confidential filing sometime in the second…
