Basmati exports hit by Middle East war as 4 lakh metric tonnes pile up at ports

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…

Bullet Train Project: Railways unlikely to seek extra loan from JICA to meet higher cost of Bullet train project

NEW DELHI: The railways is looking at bearing the nearly Rs 90,000 crore additional (83% escalation) cost for the Ahmedabad-Mumbai Bullet train project and won’t seek further loan from Japan…

IMF says ‘too early’ to gauge West Asia conflict impact as energy prices, markets turn volatile

With tensions escalating in West Asia, the International Monetary Fund on Tuesday said it is closely tracking the situation but cautioned that it is “too early to assess the economic…

US stock market: Wall street crashes amid Iran tension; Dow jones slips over 900 points, Nasdaq dips by 2%

A fresh wave of global selling pressure hit Wall Street on Tuesday, as escalating tensions involving Iran deepened fears of prolonged economic disruption. The S&P 500 fell 1.8 per cent…

AI, IT gains lift India’s white-collar hiring 12% in February: Report

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…

‘Sufficient reserves’: Petrol minister Hardeep Puri assures energy availability amid Middle East tensions

Hardeep Singh Puri chairs meeting with media fraternity and petroleum ministry officials NEW DELHI: Amid concerns over oil supply concerns due to Middle East tensions , union minister of petroleum…

Middle east crisis: GCCs may see short-term hit; here’s why India might ultimately win

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…

India reduces gas supplies to industries as Qatar halts production; buyers look for alternatives, tanker rates double to $200,000

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…

Current account deficit widens to $13.2bn in Q3

India’s external accounts have deteriorated modestly, though less than expected. Data released by the RBI showed that the current account deficit (CAD) widened to $13.2 billion or 1.3% of GDP,…

Gold and silver prices soar: Yellow metal hits Rs 1.66 lakh, silver gains Rs 20,000 — should you buy on dips?

Gold and silver metals inched higher on Monday, on the back of strong safe-haven demand from investors amid ongoing geopolitical tensions intensifying in the Middle East. The yellow metal rose…