A sharp escalation in the Middle East conflict has choked India’s basmati rice shipments, leaving nearly 400,000 metric tons stranded at ports and in transit, while new export deals have come to a halt as freight rates have more than doubled since the US and Israel attacked Iran over the weekend, trade officials told Reuters.India,…
Image used for representative purposes NEW DELHI: Amid the escalating tensions in the West Asia region, the Indian govt has set up an inter-ministerial group that’s monitoring the situation particulary to assess any hurdles in India’s trade and shipping.“We have set up an inter-ministerial group that meets on a daily basis and is closely monitoring…
India’s white-collar job market grew 12 per cent year-on-year in February, driven by rising adoption of artificial intelligence (AI) and a recovery in the IT sector, according to the latest Naukri JobSpeak Index report.The index rose to 3,233 points in February 2026 from 2,890 points in February 2025, marking the strongest February performance in recent…
The ongoing conflict in the Middle East could discourage investment flows into India and offset the growth benefits expected from trade deals with the European Union and the United States, Fitch Group company BMI said on Tuesday.In its latest India outlook report, BMI retained its FY2026/27 GDP growth projection at 7 per cent despite flagging…
Japan is in discussions with India to jointly explore rare earth deposits in Rajasthan as Tokyo looks to reduce its dependence on China for critical minerals used in magnet manufacturing, Reuters reported, citing two people familiar with the matter.Last month, Union minister G. Kishan Reddy said three hard rock rare earth deposits containing 1.29 million…
As Middle East tensions continue to intensify, India’s global capability center (GCC) landscape could face some temporary headwinds. Experts, however, said that the country may ultimately gain as companies prioritise stability in their global operations. Multinational corporations including Microsoft, Visa, Intel, Qualcomm, Siemens Healthineers, DHL, Nokia, HP, PepsiCo, Emerson, Lenovo, Johnson Controls and Eaton currently…
Indian firms on Tuesday curtailed natural gas allocations to industrial consumers amid expectations of supply constraints. (AI image) Middle East war impact: Indian buyers of liquefied natural gas are currently looking at alternative sourcing strategies to make up for disrupted supplies from Qatar, after the Gulf producer halted output in the wake of an Iranian…
Market experts anticipate continued turbulence in the near term as tensions between Iran and the Israel-US alliance intensify. (AI image) Rs 11 lakh crore gone! Middle East tensions, the ongoing war of the US and Israel with Iran have bled the Indian stock markets, with investors rushing for cover to safe haven assets as economic…
Refiners have begun scouting for alternative crude sources to offset supplies affected by the conflict in West Asia. (AI image) India is looking at several emergency measures to tackle the risk of fuel shortages if shipping through the Strait of Hormuz remains affected for an extended period. Strait of Hormuz in the Persian Gulf is…
Asian stocks plunged on Tuesday as investors reacted to the ongoing tensions in Iran and its potential impact of regional energy supplies. In Hong Kong, HSI was down 74 points or 0.29% to 25,985. South Korea’s Kospi index also opened sharply lower after Monday’s holiday, plunging 4.88% to 5,939.Shanghai and Shenzhen also fell 0.07% and…