SHOCKING: 15 - What They Never Told You

Downside risks to economy have begun materializing as continued West Asia conflict casts shadow over India's trade outlook: Crisil

The escalating conflict in West Asia is emerging as a major risk for India’s economy, threatening trade flows, increasing import costs, and putting pressure on growth. Higher crude oil and transportation expenses are expected to widen India’s current account deficit and push inflation upward as businesses pass on rising costs…

The Economic Times · May 19

ICRA lowers India's FY27 GDP growth estimate to 6.2%

Rating agency ICRA has revised India's FY27 GDP growth forecast down to 6.2% from 6.5% due to elevated crude oil prices stemming from the West Asia crisis. For FY26, growth is estimated at 7.5%. Q4 FY26 GDP growth is expected to slow to 7% amid moderating industrial and services sectors,…

The Economic Times · May 19

India's fuel price hike among world's lowest outside Gulf nations: BJP

Fuel prices saw a hike of about 90 paise per litre. The BJP stated this increase is among the lowest globally. State-run oil firms absorbed significant losses for 76 days before passing on some costs. Global crude prices surged due to the West Asia conflict. India's fuel price rise remains…

The Economic Times · May 19

India set to host Quad foreign ministerial meeting next week

New Delhi will host a crucial Quad foreign ministers' meeting next week. The gathering will focus on pressing global issues, including the West Asia crisis and the Indo-Pacific's evolving security landscape. Discussions will also cover cooperation in the Indo-Pacific region, addressing increasing Chinese assertiveness. This meeting sets the stage for…

The Economic Times · May 18

GIFT Nifty jumps nearly 1% after reports of US relief on Iran oil sanctions

GIFT Nifty rallied nearly 1% after reports indicated possible temporary US sanctions relief on Iranian oil exports. Hopes of additional crude supply eased inflation and energy shock concerns, lifting investor sentiment despite ongoing geopolitical tensions, volatile crude prices, rupee weakness, and uncertainty surrounding West Asia negotiations.

The Economic Times · May 18

India's fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official says

India's fertiliser subsidy bill could rise by Rs 70,000 crore to Rs 2.41 lakh crore in 2026-27. This increase is driven by higher import costs for urea and other fertilisers due to the West Asia crisis. Despite cost pressures, fertiliser availability for the 2026 kharif season remains comfortable. Diversified import…

The Economic Times · May 18

Have urged chief justices of all HCs to conduct virtual hearings: Chief Justice of India

Chief Justice of India Surya Kant has asked high court chief justices to hold online hearings on Mondays and Fridays. This move aims to cut down unnecessary expenses amid the West Asia crisis. The Supreme Court itself has adopted similar video conference proceedings.

The Economic Times · May 18

Up to 40% NCR buyers prefer homes with dedicated workspaces as WFH reshapes buying behaviour: Experts

Narendra Modi has urged citizens to conserve fuel, avoid non-essential spending, and work from home where possible amid rising geopolitical tensions in West Asia. While aimed at tackling short-term economic pressures, the appeal is also accelerating an ongoing shift in India’s housing market, as remote work continues to influence home-buying…

The Economic Times · May 18

EXIM Bank eyes 10% jump in loan book in FY27 despite West Asia tensions

Export-Import Bank of India expects its loan book to grow 10% in FY27 despite geopolitical tensions in West Asia, according to Managing Director and CEO Harsha Bangari. The projected growth is lower than FY26’s 12% rise, which was partly boosted by favourable currency movements as a large share of the…

The Economic Times · May 18

Arnab Das

India's energy security is under scrutiny amid West Asian geopolitical tensions. Recent UAE engagements offer partial relief for external finances, but complex global realignments and resource competition persist. Experts highlight India's progress but emphasize the need for further advancements in strategic resources and technology.

The Economic Times · May 18