Indian liquor maker Radico Khaitan has resumed shipments to Gulf countries after pausing due to the Iran war. Easing tensions and peace hopes are allowing business operations to normalize.
S&P Global has downgraded India's FY27 growth forecast to 6.6% due to the economic fallout from the Iran war, citing tightened fiscal space and elevated energy costs.
West Bengal Chief Minister Mamata Banerjee firmly stated she will not resign despite her party's major election defeat. The statement raises questions about constitutional processes for forming a new government.
Biocon founder and CEO Kiran Mazumdar Shaw has named her niece Claire Mazumdar as her successor. The move signals a family-centered succession plan for India's major biotech firm.
Elections in India's key states have concluded. In West Bengal, Mamata Banerjee's TMC party gained votes despite BJP's push, while results in Bihar are still being announced. These elections show Modi's position in national politics.
A 17th-century astrolabe (astronomical computer) once owned by Indian royalty sold for a record price at auction. Possibly the world's largest, it was first publicly exhibited. The sale highlights the high value of historic scientific instruments and India's cultural heritage.
Russian Foreign Minister Sergey Lavrov is visiting India to discuss the Iran war and disagreements among BRICS nations. Russia's backing emphasizes India's role as a diplomatic mediator on Middle East issues despite conflicting interests among major powers.
Rising oil prices from the Iran-US war have pushed Pakistan's inflation to double-digit levels. As energy costs surge, Pakistan's trade deficit and current account deficit also widen.
The US has warned shipping companies against paying Iran for transit through the Strait of Hormuz. The warning follows Iran's control of strait passage and its demands for transit fees from ship owners. Oil-importing countries like India face increasing costs as a result.
LPG cylinder prices in India increased by 933 rupees. The energy crisis from Iran war continues to deeply affect India.
Amid Middle East war concerns, India is poised to attract $800 billion in investments across energy infrastructure, defence, data centres, and supply chain diversification, according to Morgan Stanley. The geopolitical shift is accelerating India's emergence as an alternative manufacturing and services hub as multinational companies reduce China exposure and Middle East risk.
Exit polls from Indian state elections suggest major political shifts could reshape regional power dynamics. Results will impact policy on economic reform, fiscal spending, and regional governance as multiple states hold elections simultaneously.
Middle East tensions disrupting energy supplies threaten livelihoods of workers in India's glass industry hub. Iran-US conflict and soaring oil prices are pressuring the energy-intensive glass production process. Factories are cutting capacity and laying off workers.
Reliance Industries, India's largest conglomerate, achieved annual net profit exceeding $10 billion for the first time. The milestone reflects strong demand across its oil, gas, and refining operations despite Iran war disruptions.
Rising US military-grade jet fuel shipments provide clues about the economic impact of the Iran war. These shipments indicate intense US operations in the Middle East. Countries like India are significantly affected by elevated oil prices.
India is advancing plans to introduce 100 percent ethanol-blended petrol at fuel pumps, but traditional petrol may disappear entirely amid the energy transition. The Iran conflict and global energy crisis are reshaping India's fuel strategy and renewable energy ambitions.
The UAE and Saudi Arabia are bypassing the Strait of Hormuz blockade by using alternative shipping routes to increase crude oil supplies to India. The move helps secure India's energy needs but adds transport costs that could eventually lift prices.
Indian Defense Minister Rajnath Singh rejected double standards in fighting terrorism at an SCO (Shanghai Cooperation Organization) meeting. The remarks were made amid regional security concerns and Pakistan relations.
India faces headwinds from the Iran-US war's energy shock and weak monsoon rainfall forecasts. Economists warn that if these two factors converge, growth could slow significantly. Agriculture and energy sectors are most at risk of disruption.
Iran's Foreign Minister Abbas Araghchi is traveling to Pakistan for direct ceasefire talks with the US and its allies. The move follows a 10-day ceasefire extension and signals potential for a diplomatic resolution to the Iran-US conflict.
Brent crude oil approached $110 per barrel as Iran-US ceasefire uncertainties drive a five-day rally. The energy price surge directly impacts India's import-dependent economy and inflation trajectory.
India sharply criticized Trump's 'hellhole' remark about the country, calling it uninformed and misrepresentative of US-India ties. The comment creates fresh tension in an already delicate balance of commercial and strategic relations. Indian officials stressed ties remain constructive.
Indian alternative investment firms (AIFs) operating in the Gulf face mounting losses and uncertainty as the Iran war disrupts regional investment flows and economic activity. Several high-profile Emirati and Saudi-backed funds are struggling to deploy capital amid geopolitical volatility.
EU energy chief Dan Jørgensen warns the Iran war energy crisis is worse than the 1973 oil embargo and 2022 crisis combined. The assessment highlights how supply disruptions and geopolitical uncertainty are creating unprecedented pressure on global energy markets.
President Trump has extended the US-Iran ceasefire indefinitely, but the blockade of the Strait of Hormuz persists. India is considering stepping into Middle East peace talks to secure energy supplies, amid global oil market volatility that threatens growth.
The oil supply shock from the Iran war poses a significant risk to global economies, including India. Economists say the current crisis, though more controlled than the 1973 and 1979 oil shocks, still carries serious implications for inflation and growth.
India's Chief Economic Advisor warned that the energy crisis stemming from the Iran-US war poses risks to the country's growth trajectory. Rising oil and logistics costs are fueling inflation and threatening GDP expansion.
India's Russian oil imports fell 20% in April following a March spike. The decline reflects global energy price volatility.
As Iran war disrupts Middle Eastern oil supplies, India is securing alternative sources from the US, Russia, and Brazil to plug energy gaps. The diversification effort is critical for India's economy given Middle East exports formerly met 60% of its crude demand.
India's Union Bank warned that Strait of Hormuz disruptions and rising crude towards $100 per barrel pose significant risks to inflation and the rupee. The Iran conflict is now directly impacting India's external sector and price stability.
The Strait of Hormuz tensions highlight critical energy security vulnerabilities for Asia's economies. Experts warn that diversifying energy sources and creating alternative supply routes is essential to insulate Asia from geopolitical disruptions.
Suzlon Energy shares are rising on increased demand for renewable energy amid surging oil prices from the Iran war. Investors are turning to wind and solar energy technologies as traditional fossil fuel costs escalate.
General Ahmad Vahidi, Iran's new defense minister and key figure in the country's security structure, is a central player shaping geopolitical developments. His role is significant in the context of Trump's ceasefire extension.
India Defense Minister Rajnath Singh stated that Hormuz Strait disruptions in the Iran-US war directly impact India's energy and trade security. Approximately 40% of India's oil imports transit this critical waterway.
Sensex hit 85000 as FIIs invested $4.2bn.
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Satellite broadband for 200M rural Indians.