Ongoing conflict in the Middle East might have a direct impact on India’s economy. According to NITI Aayog, the Iran war poses risks to New Delhi’s trade and macroeconomic landscape, putting pressure on the current account deficit (CAD) and the exchange rate. In its quarterly report Trade Watch Oct–Dec (Q3) FY 2025-26, released on Monday,…
India and the United States are set to resume trade talks this week, taking a “great step to finalize” the proposed agreement. Taking to social media platform X, US Ambassador to India Sergio Gor said “The Indian trade delegation will be arriving in Washington this week. A great step to finalize our bilateral trade deal….
US stocks today: Wall Street fell in red on Monday, as uncertainty over the Middle East conflict intensified after Iran’s closure of the Strait of Hormuz after a brief reopening. Dow Jones dipped 10 points to 49,437 while Nasdaq tumbled 100 before recovering to 54 points or 0.2% to 24,413. S&P 500 was also down,…
Indian workers are putting in fewer hours weekly compared to pre-pandemic levels, with self-employed individuals seeing the steepest decline. This trend, alongside modest real earnings growth, suggests lower aggregate demand and a recovery driven by a select few. Women’s increased labor force participation, particularly in rural agriculture, indicates distress-led employment. NEW DELHI: Indian workers put…
Prime Minister Narendra Modi and South Korean President Lee Jae Myung engaged in high-level talks on Monday at Hyderabad House, focusing on strengthening bilateral ties. The meeting was followed by the exchange of Memorandums of Understanding between the two sides, witnessed by both leaders. External affairs minister S Jaishankar and his South Korean counterpart Cho…
Dalal Street ended Monday’s session on a flat note, as investors remained cautious amid rising geopolitical tensions and a surge in crude oil prices. Benchmark indices Nifty50 and Sensex managed to bag gains, ending the day marginally higher. The 30-share BSE Sensex inched up by 26.76 points, or 0.03%, to close at 78,520.30. The index…
Planning a trip this summer but worried about the rush to secure train tickets? You might want to relax as Indian Railways is preparing for the seasonal rush. If you’re travelling between April and July, chances are you’ll find a seat. Anticipating a sharp rise in passenger demand, Indian railways has announced a wide network…
A promise made at the 2023 COP28 climate summit to move away from fossil fuels had raised hopes that the world will now be shifting in another direction. Some even saw it as the beginning of the end for using oil as a fuel. However, even years later, the promise seems far from being fulfilled….
In upcoming years, India’s transmission and distribution (T&D) sector is expected to see steady growth, lifted by investment of almost Rs 9 trillion or Rs 9 lakh crore through 2032. According to a report by Motilal Oswal Financial Services, the current investment cycle, which began in FY22-23, has already improved performance across the sector.It noted…
Iran has closed the Strait of Hormuz again. (AI image) Open, closed, closed but open – the Strait of Hormuz has become the center of the ongoing US-Iran conflict and its blockade a key factor in pressure tactics from both sides. The Strait of Hormuz is a critical channel for nearly one-fifth of global oil…
