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India’s television market is headed for new challenges as manufacturers face rising input costs and shifting consumer demand patterns that are beginning to affect sales momentum. Industry players are facing a sharp escalation in the cost of key components such as memory chips (RAM), alongside higher plastics prices and increased ocean freight charges. These freight…
The Reserve Bank is expected to keep the benchmark repo rate unchanged at 5.25% in its April monetary policy review, as rising inflation risks linked to the Middle East crisis cloud the outlook, according to a poll of economists cited by PTI.Geopolitical tensions, volatile commodity prices and sharp currency movements — with the rupee hitting…
As tensions in the Middle East continue to escalate, the effects are no longer confined to the conflict zone, they are beginning to show up in daily routine across economies. In the United States, rising fuel costs triggered by the war against Iran are now filtering into everyday life, quietly reshaping how businesses operate and…
As the Middle East war has stretched beyond a month, energy prices have soared sharply, sending ripples across the globe. Iran’s chokehold of Strait of Hormuz has pushed fuel costs higher, hitting energy supplies for major economies. The impact is visible in multiple sectors in India, with higher costs of fuel and petrochemical products feeding…
A prolonged conflict in Middle East could begin to hurt India’s exports not just to the region but also to other global markets, as disrupted supply chains ripple outward, commerce secretary Rajesh Agrawal said on Saturday, He also urged the pharmaceutical industry to reduce dependence on imported raw materials and build more resilient export and…
Iran has reportedly declined US proposal for a short-term ceasefire, according to an unnamed source cited by the country’s semi-official Fars news agency. The offer, which called for a 48-hour halt in hostilities, was delivered on Wednesday via an unidentified intermediary nation, the source told Fars, as cited by Reuters. The rejection comes as the…
Pakistan will repay a $2 billion loan to the United Arab Emirates (UAE) by the end of this month, a media report said on Friday.“The UAE recently asked for the immediate return of the funds in the wake of the recent situation in the Middle East following the US-Israel war on Iran,” sources told Geo…
NEW DELHI: Russia has offered to increase its supply of crude oil and liquefied natural gas (LNG) to India as the ongoing Middle East crisis adds volatility to the global energy market, reported PTI citing officials familiar with the discussions. The energy cooperation formed a key part of talks on Thursday between Russia’s first deputy…
With energy costs rising amid growing tensions in the Middle East, the Centre has introduced measures to boost domestic production of induction heaters as part of a broader effort to reduce dependence on conventional gas-based cooking systems.According to a government source cited by ANI, the department for promotion of industry and internal trade (DPIIT) on…
Russia on Friday highlighted its deepening energy partnership with India, saying that Moscow can ramp up energy supplies to the Indian market amid the ongoing energy crisis triggered by Middle East war. During his visit to India, Russia’s first deputy chairman Denis Manturov said that Moscow’s companies are capable to enhance supplies of oil and…
