Oil shock to inflation risk: How Middle East war is reshaping India’s economic outlook

Rising oil prices, higher fertiliser costs and supply disruptions linked to the Iran war are beginning to cloud India’s economic outlook, with economists warning that prolonged tensions could push up inflation, slow growth and strain government finances.India, the world’s third-largest oil importer and consumer, imports about 90% of its crude oil requirements, making it among…

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El Niño impact: Centre identifies 197 ‘most vulnerable’ districts, readies contingency plan | India News

AI-generated representative image The Centre on Tuesday identified 197 districts across the country as the most vulnerable to the impact of El Niño and has prepared contingency plans to deal with any adverse effects on agriculture.Union agriculture minister Shivraj Singh Chouhan said on said that the ministry of agriculture and farmers’ welfare is implementing “Khet…

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Russian crude here to stay? Why India-US energy ties may be more about LPG, LNG than oil despite Trump’s push

In the three months since the conflict began, Russia has continued to be the dominant player in India’s crude oil imports. (AI image) US President Donald Trump announced in February that India would stop buying Russian crude oil and step up energy ties with the United States of America. Four months after that, India’s Russian…

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‘GDP momentum intact, no need for extra borrowing’: Centre plays down impact of Middle East crisis

The government remains confident about India’s growth outlook despite rising fuel and fertiliser import costs triggered by the Middle East crisis, with official sources saying GDP momentum remains intact, domestic consumption is holding up and there is no immediate need for additional borrowing.Sources told news agency PTI the FY27 Budget had already factored in global…

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Wall Street will run entirely on the blockchain by 2030, says Brickken CEO

The line between traditional finance (TradFi) and crypto is disappearing, with tokenization consistently a dominant narrative of the digital asset industry for a number of years. Edwin Mata, CEO and founder of tokenization platform Brickken, projects that Wall Street will run entirely on blockchain technology by 2030. Mata told CoinDesk that tech industry buzzwords like…

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Evening news wrap: 11 killed as protests rock PoK; CID at Mamata Banerjee’s residence in signature forgery probe & more | India News

Pakistan-occupied Kashmir remains tense after deadly clashes between protesters and security forces, drawing international attention and concern over reported communication restrictions. West Bengal CID investigators have reached Mamata Banerjee’s residence as part of a probe into allegations of forged signatures on a letter submitted to the Assembly. Delhi Police say the murder of a Delhi…

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