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RBI likely to hold repo rate at 5.25% amid inflation risks from Middle East crisis

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…

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Contract workers face job loss risks on fuel, input supply woes

NEW DELHI: Fuel and raw material supply constraints, which have forced shutdowns in certain segments of manufacturing, especially small businesses, may hurt contractual and gig workers.Some signs of strain are visible in certain sectors, including steel, automotive, textiles, pharma, medical devices as fuel supply, input cost and availability (shortage) bite into operations, industry representatives and…

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PM chairs CCS meet on Middle East conflict, orders urgent steps to secure supplies and curb price risks | India News

Prime Minister Narendra Modi on Wednesday chaired a special meeting of the Cabinet Committee on Security (CCS) to review the impact of the ongoing Middle East conflict, directing ministries to take urgent steps to safeguard essential supplies and protect citizens.“PM directs that all efforts must be made to safeguard the citizens from the impact of…

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Government tightens oversight of GLP-1 drugs, flags risks amid rising demand; key details | India News

NEW DELHI: The Centre has issued a detailed advisory on the use, risks and regulation of GLP-1 receptor agonist drugs, as their popularity grows for treating type 2 diabetes and obesity.According to PIB, these drugs, commonly prescribed to regulate blood sugar and aid weight loss—must be used strictly under medical supervision due to potential side…

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Jerome Powell says Fed has limited scope to counter energy price rise; flags inflation risks

Federal Reserve Chair Jerome Powell on Monday said the central bank is closely monitoring inflation risks arising from the spike in energy prices due to the Iran war, but cautioned that there is limited scope for policy intervention in such supply-driven shocks.Speaking at Harvard University before nearly 400 students, Powell said energy shocks typically tend…

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US-Iran war-linked disruptions hit UAE jobs, consumption; remittance risks for India

A month into the Gulf conflict, early economic strain is surfacing in the United Arab Emirates, with companies in hospitality, travel, events and food & beverage beginning to cut costs through layoffs, pay reductions and unpaid leave, according to an ET report.People tracking hiring trends said the adjustment has already started at the firm level…

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Heart disease is hitting Indians earlier than ever: Top cardiologists explain risks, prevention, and recovery at TOI Cardio Medithon 5

As heart disease increasingly affects younger Indians, fueled by stress and dietary neglect, the TOI Cardio Medithon 5 becomes a beacon of hope. This initiative aims to erase the fog surrounding cardiovascular health, featuring renowned cardiologists who will demystify the pathways to prevention, early identification, and recovery. Cardiology is no longer a distant medical specialty…

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‘Dubai could be blown up’: US top economist Jeffrey Sachs flags risks for UAE if it enters Iran war

The “jewel of the Gulf” could face serious threats if the UAE enters the ongoing Iran war, warned top US economist Jeffrey Sachs, raising concerns over vulnerabilities in cities like Dubai and Abu Dhabi, considered ‘safe havens’ in the Middle East region.Speaking to news agency ANI, Sachs said these cities, built as global tourism and…

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