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India’s Goldilocks under threat? How US-Iran war, crude oil above $100 may deal a blow to growth story – explained

The persistence and sustainability of high oil prices will play a key role in shaping the scale of the economic impact on countries. (AI image) Inflation at a benign 2.2% and growth at 8.0% in the first half of 2025-26 present a rare goldilocks period – that’s what RBI governor Sanjay Malhotra said in the…

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‘Heart of Iran’s oil exports’: US strikes Kharg Island — why it’s a big blow to Tehran

US President Donald Trump on Saturday announced that the United States had carried out strikes on Iran’s key oil export hub at Kharg Island. The US president said the operation targeted critical energy infrastructure linked to Iran’s oil trade.Trump said US forces had “obliterated” military facilities on the island, which sits in the Persian Gulf…

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Big blow to US missile defence: Iran destroys $300mn THAAD Radar System in Jordan

United States’ multi-million radar system was destroyed after Iran struck Muwaffaq Salti Air Base in Jordan in the opening days of the war, news agency Bloomberg reported.RTX Corp. AN/TPY-2 radar and support equipment — used by US THAAD missile defence systems — is crucial to directing US missile defence batteries.According to the report, data compiled…

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5 everyday things you won’t believe are cheaper in the US than in India: The price difference will blow your mind |

The difference in the product prices between the United States and India can be seen in various categories such as electronics, fashion brands, fuel, groceries, and home appliances. However, the difference in the product prices is due to various factors such as taxes and import duty. In this article, five categories have been identified in…

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US SC’s blow to Trump: FedEx sues US admin seeking ‘full refund’ of tariffs

FedEx has approached the US Court of International Trade seeking a refund of tariffs imposed under President Donald Trump’s emergency measures. This follows last week’s 6-3 Supreme Court verdict which ruled that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA), a sanctions law, to impose tariffs on imported goods. In…

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More scope for negotiation? What US SC tariff blow for Trump means for future of India’s trade deal

Following the US Supreme Court’s ruling late last week, an Indian delegation has postponed a planned trip to Washington. India now has more room for negotiations in a trade deal with the US after the American Supreme Court ruled that Donald Trump’s tariffs are illegal. The US Supreme Court’s move to invalidate President Donald Trump’s…

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