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An Indian liquefied petroleum gas (LPG) carrier, Shivalik, arrives at Mundra Port via the Strait of Hormuz, in Gujarat, India, March 16, 2026 Britain will host talks on Thursday aimed at forming a coalition of countries to explore ways to reopen the Strait of Hormuz after US President Donald Trump said securing the vital waterway was a problem for other nations to resolve. British foreign minister Yvette Cooper will chair the virtual meeting of about 35 countries including France, Germany, Ita ...Read More >
Bengaluru: India's manufacturing sector grew at its slowest pace in nearly four years in March as the war in the Middle East stoked uncertainty, disrupted supply chains and dented demand, while higher oil prices drove up input costs, a private survey showed. Here are the key details: * The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 53.9 in March from 56.9 in February, broadly in line with a preliminary estimate of 53.8. * New orders - a key ga ...Read More >
New Delhi [India], April 2 (ANI): Reacting to US President Donald Trump's recent address to the nation on the ongoing conflict with Iran, former Ambassador to Iran Dinkar P Srivastava on Thursday cautioned that the evolving US strategy risks deepening instability in West Asia while offering little scope for a diplomatic breakthrough. Also Read | Layoffs To Hit Danube Group? Billionaire Rizwan Sajan Guarantees Job Security for Over 6,000 Danube Employees, Says 'No Layoffs in Danube Group'. In a ...Read More >
BENGALURU, April 2 (Reuters) - India's manufacturing sector grew at its slowest pace in nearly four years in March as the war in the Middle East stoked uncertainty, disrupted supply chains and dented demand, while higher oil prices drove up input costs, a private survey showed. Here are the key details: * The HSBC India Manufacturing Purchasing Managers' Index(PMI), compiled by S&P Global, fell to 53.9 in March from 56.9in February, broadly in line with a preliminary estimate of53.8. * New orde ...Read More >
New Delhi [India], April 2 (ANI): India's manufacturing PMI eased to 53.9 in March from 56.9 in February, according to the HSBC India Manufacturing PMI report released on Thursday. This deceleration indicated the weakest improvement in overall business conditions in nearly four years, with the headline figure slipping below its long-run average of 54.2. As per the report, the sector faced a significant cooling effect as several domestic and global headwinds converged to dampen the momentum seen ...Read More >
New Delhi, April 2 (SocialNews.XYZ) India's manufacturing PMI eased to 53.9 in March as disruptions linked to the conflict in the Middle East are reverberating through the global economy and weighing on Indian manufacturers, the HSBC Flash India PMI data showed on Thursday. Firms also faced an intensification of cost pressures, the steepest since August 2022. That said, companies mostly absorbed added expenses, as indicated by a modest uptick in selling charges that was the least pronounced in ...Read More >
India's factory growth just hit a near 4-year low -- what's driving the slowdown? here's what the latest HSBC PMI data reveals. India's manufacturing activity slowed in March to 53.9, the weakest improvement in nearly four years, as rising costs and global uncertainties weighed on demand, according to the HSBC Purchasing Managers' Index (PMI) data. "Indian manufacturers signalled a decline in outstanding business volumes for the first time in close to a year-and-a-half. Underlying data indicat ...Read More >
New Delhi [India], April 2 (ANI): The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group have agreed to form a coordination group to maximize their institutions' response to the energy and economic impact of the war in the Middle East. According to a joint statement by the organizations, the decision followed an assessment of the significant disruptions currently affecting global markets. "The Middle East war has caused major disruptions to ...Read More >
New Delhi [India], April 1 (ANI): The credit profile of Indian companies remained resilient in 2025-26 despite a challenging global environment marked by tariff-related disruptions and heightened geopolitical tensions, according to a report by ICRA. The report noted that timely policy interventions by the Government of India, aimed at supporting domestic consumption and sustaining infrastructure investment, helped anchor credit quality and mitigate external headwinds during the year. It stated ...Read More >
India's Goods and Services Tax (GST) collections closed FY2025-26 on a steady note, with March revenues crossing the ₹2 lakh crore mark, underscoring resilient consumption, strong import activity, and improving compliance even amid global economic uncertainty. Official data show gross GST collections for March 2026 at ₹2,00,064 crore (about $24 billion), marking an 8.8% year-on-year increase from ₹1,83,845 crore a year earlier. Net collections for the month rose 8.2% to ₹1,77,990 crore ($21.4 b ...Read More >
New Delhi [India], April 1 (ANI): The Cabinet Committee on Security (CCS) is set to meet at 7 pm on Wednesday in the national capital to discuss developments amid the ongoing conflict in West Asia. The situation escalated in West Asia after a joint US-Israel military strike on February 28 on Iranian territory resulted in the death of its Supreme Leader, Ayatollah Ali Khamenei, and other senior figures, prompting a fierce response from Tehran. Also Read | Oracle Layoffs: Employee Laid Off After ...Read More >
New Delhi: Domestic gross GST collections rose 8.8 per cent year-on-year to Rs 2 lakh crore in March 2026, driven by steady domestic revenues and a sharp uptick in import-related collections, according to official data released on Wednesday. Gross GST revenue stood at Rs 2,00,064 crore in March, compared to Rs 1,83,845 crore in the same month last year. The growth was led by a strong 17.8 per cent rise in import revenues, while domestic revenues increased at a relatively moderate performance of ...Read More >
New Delhi, Apr 1 (PTI) The government has announced a one-time special relief measure in the form of certain duty benefits for special economic zones (SEZs), a move which would provide support to units in these enclaves amid global uncertainties. However, the exemption will be available only if the unit in the SEZ had commenced production of goods on or before March 31, 2025, the department of revenue has said in a notification dated March 31. They also have to prove that the goods in respect ...Read More >
New Delhi: As geopolitical tensions escalate between the United States, Israel, and Iran, the blockade of the Strait of Hormuz is sending shockwaves through the aviation industry. Air travelers now face a massive surge in ticket prices as jet fuel costs have more than doubled for April, leaving the global economy reeling from the fallout of the Iran conflict. Oil PSUs on Wednesday announced that Aviation Turbine Fuel (ATF) prices have been revised upward in major metro cities from April 1, 2026 ...Read More >
HYDERABAD: The Assembly on Monday adopted a resolution urging the Union government to take initiative to stop the war and work towards establishing global peace. Deputy Chief Minister Mallu Bhatti Vikramarka introduced the resolution in the Assembly. The resolution stated, "The war that has begun between Iran and Israel in West Asia is taking multiple forms and is destabilising the global economy. We all know that crude oil (petrol, diesel, gas) significantly influences the economic conditions ...Read More >
New Delhi, March 31 (SocialNews.XYZ) The International Monetary Fund (IMF) has said the ongoing US-Israel and Iran war could shape the global economy in different ways -- all roads leading to higher prices and slower growth. The IMF said the war in the Middle East is upending lives and livelihoods in the region and beyond. "It is also dimming the outlook for many economies that had only just shown signs of a sustained recovery from previous crises. The shock is global, yet asymmetric. Energy i ...Read More >
Mumbai: The Indian stock market crashed over 2% on Monday, following a slump in global markets as the US-Iran war entered its fifth week, driving up crude oil prices and inflation worries. Moreover, the Indian rupee slipped to a record low, breaching 95 per $ mark for the first time ever, drawing only brief support from the RBI's move to tighten limits on banks' foreign exchange positions. The rupee hit its record low of 95.20 against the US dollar, down 0.3% for the day. Sensex closed 1635 po ...Read More >
Hyderabad, March 30 (SocialNews.XYZ) The Telangana Legislative Assembly on Monday unanimously passed a resolution, urging the Centre to take the initiative to stop the war in the Middle East. The resolution warns that if the war between the US, Israel, and Iran continues, this could lead to a third World War, posing a serious threat to the very survival of humanity. Deputy Chief Minister Mallu Bhatti Vikramarka introduced the resolution, which was passed by a voice vote. The resolution noted ...Read More >
Hyderabad: Led by Deputy Chief Minister Bhatti Vikramarka Mallu, the Telangana Legislative Assembly unanimously adopted a resolution addressing the escalating conflict in West Asia. The House noted that the war in the Middle East has evolved into a multifaceted crisis, destabilising the global economy and disrupting vital supply chains for crude oil, petrol and gas. "The United States and Israel are carrying out attacks on Iran and Lebanon. At the same time, Iran is targeting US defense bases ...Read More >
Jammu, Mar 11 : Amid escalating global tensions and rising petroleum prices, panic buying of fuel and LPG cylinders has gripped several parts of the country, prompting the All-India LPG Federation to appeal for public restraint to prevent a supply crisis. "The ongoing conflict is fundamentally economic rather than territorial. Many countries have been impacted, and it has affected the global economy," All-India LPG Federation President Jagmohan Singh Raina told News Agency Kashmir News Service ...Read More >
New Delhi, Dec 17 (UNI) Gita Gopinath, Economist and former First Deputy Managaing Director of IMF , underscored that both India and the US "must engage constructively to negotiate tariffs" at a time when global trade is being reshaped by geopolitics and national security concerns. Gopinath said the world economy has entered a phase where trade policy is no longer driven purely by economics, but increasingly by strategic and security considerations. Focusing on India's trade strategy, she said ...Read More >
Mumbai : This Breast Cancer Awareness Month, Apollo Cancer Centres (ACCs) has launched a unique initiative that blends indulgence with awareness through 'Check-Olate', a sweet treat that carries an even sweeter reminder: take a moment for yourself. According to GLOBOCAN, breast cancer remains the leading cause of cancer incidence and mortality among Indian women, accounting for 13.5% of all new cancer cases and 10.6% of total cancer deaths. Despite this growing burden, screening rates remain al ...Read More >
The latest World Economic Outlook (WEO) report suggests that India's domestic strength continues to offset the impact of rising US tariffs and global trade tensions. India's Growth Outlook According to the IMF, the 6.6% forecast reflects strong performance in the first quarter of 2025, which helped neutralise much of the tariff-related impact on exports. However, the figure is 0.2 percentage points lower than the pre-tariff projection made in October 2024. India's economic expansion is expect ...Read More >
Founder of trade think tank Global Trade Research Initiative, Ajay Srivastava (Image: ANI)Amid a global economic slowdown, India must shift its export strategy towards long-term competitiveness, advises GTRI's Ajay Srivastava. As the global economy slows and trade dynamics shift, India must shift focus from traditional export strategies to building long-term competitiveness through technology, cost efficiency, and domestic capability, says Global Trade Research Initiative (GTRI) founder Ajay Sr ...Read More >
New Delhi [India], October 22 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, will be on an official visit to Berlin, Germany, from October 23. The visit marks a key milestone in enhancing India's engagement with Germany and holds particular significance as the year 2025 marks the 25th anniversary of the India-Germany Strategic Partnership, highlighting the depth, resilience, and long-standing strength of bilateral ties. Also Read | Real Madrid vs Juventus UEFA Champions League 2 ...Read More >
New Delhi, October 22: The Reserve Bank of India (RBI), in its latest State of the Economy article published in the RBI Bulletin of October 2025, noted that while the Indian economy is not immune to global headwinds, it continues to demonstrate resilience. The bulletin attributed this resilience to strong and durable macroeconomic fundamentals, including low inflation, robust balance sheets of banks and corporates, adequate foreign exchange reserves and a credible monetary and fiscal framework. ...Read More >
India's economy remains strong despite global challenges. The Reserve Bank of India sees domestic factors boosting growth. Low inflation and healthy corporate and banking sectors contribute to this resilience. The central bank has increased its growth forecast for the year. Structural reforms are helping to counter weaker global demand. High tariffs on exports to the U.S. Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is no ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP's price has stabilized after its recent crash and is now making a slow recovery to $2.50 with early signs of renewed strength. The cryptocurrency is now under close observation by traders waiting for the next decisive move. One such observation is an ambitious forecast that has surfaced online, projecting an astronomical rally for XRP. A crypto commentator known as Remi Relie ...Read More >
Defence Research and Development Organisation (DRDO) has made significant strides in semi-conductor technology by developing indigenous methods for producing four-inch Silicon Carbide (SiC) wafers and fabricating Gallium Nitride (GaN) High Electron Mobility Transistors (HEMTs) up to 150 W, informed chairman and secretary, Department of Defence Research and Development (DDR&D) Samir V. Kamat. Addressing a gathering on Friday, organised as a curtain raiser for the upcoming Emerging Science, Techn ...Read More >
IMF Chief Kristalina Georgieva says the global economy is resilient but faces a 'fog of uncertainty.' Key priorities include strengthening fundamentals, boosting growth through the private sector, and reducing excessive global imbalances. New Delhi [India], October 18 (ANI): The dark clouds of uncertainty are still holding over the global economy, but the relief is that it has done better than feared, highlighted Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). ...Read More >
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