Economy

With the US labor market holding up, Federal Reserve officials are closely tracking the impact the war will have on prices.

The announcement comes in the backdrop of no definitive resolution to the on-going war in the region.

Oil prices at that level in the July-to-September period would drive the Australian economy into contraction in that quarter and push domestic inflation to 7.25% in the year through the fourth quarter, with unemployment also moving higher.

He argued that small collective efforts to save fuel and reduce waste could have 'transformational results' for the economy.

Food inflation has risen by 4.2% in April, as against 3.87% in March.

As tensions in West Asia disrupt global energy routes, Prime Minister Narendra Modi’s UAE visit is expected to focus on securing energy supplies, regional stability and strengthening strategic ties.

Hormuz has expanded from a range of 32-48km (20-30 miles) to 320-480km (200-300 miles) from Jask and Sirri to beyond Qeshm Island and Greater Tunb.

Kotak says India must chart a clear-eyed, strategic course rather than swinging between unwarranted optimism and needless gloom.

Kotak noted that while the direct economic fallout of escalating Middle Eastern tensions — specifically the conflict involving Iran—has been largely muted over the last eight weeks, that grace period is ending.

Rupee opened at Rs 95.57 against the US dollar and then fell further to an all-time low of Rs 95.63

India's ethanol push is reshaping farming, fuel, trade and groundwater use in ways policymakers did not fully anticipate.

Economists see retail inflation inching up as energy costs weigh on household budgets

The GST Council is expected to meet before mid-July,  just ahead of the monsoon session of Parliament, with ride-hailing taxation and broader compliance simplification both on the likely agenda.

The Treasury Department said the IRGC has increasingly used offshore shell companies to conceal Iranian oil sales to China.

PM Modi's six-day visit to five nations from May 15-20 will focus on energy, trade, defense, innovation, and strategic partnerships, while strengthening India's ties with Europe, the Gulf region, and Nordic countries.

Theoretically, if the situation does not improve and losses remains consistent, these companies have only two more quarters before their net worth slip into negative territory.

Rising global fertiliser prices linked to the West Asia crisis push up India’s subsidy burden, even as the government keeps retail rates unchanged for farmers.

As per the government release, the overall Labour Force Participation Rate (LFPR) for persons (15+ years) reported as 55.5% in January-March 2026 compared to 55.8% in the previous quarter.

The RBI expects GDP growth to be at 6.9% for 2026-27, according to an estimate released in the prior month.

Gold and consumer electronics are considered non-essential imports and steps could be taken to restrict those items.