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India's Finance Ministry Details Economic Impact of West Asia Conflict

A finance ministry report outlines the potential economic repercussions for India from the West Asia conflict, including supply disruptions for oil, gas, and fertilizers, higher import prices, and increased logistics costs.

28 Mar, 22:00 — 29 Mar, 07:54
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Sources

Showing 6 of 7 sources
Times of IndiaMostly Factual10h ago

Vulnerable need quick relief amid West Asia conflict: Finance ministry report

The report said the impact of the conflict on India will be felt through four channels: (a) supply disruptions to oil, gas and fertilisers and more importantly, to exports as well, (b) higher import prices, (c) higher logistics costs (e.g., freight and insurance) and (d) a possible decline in remittances by Indians in the Gulf countries. (The slowdown in exports to Gulf countries may not be particularly consequential for overall exports.)

By TNN

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indian-expressMostly Factual59m ago

West Asia war has exposed the fragility of our trillion-dollar AI investment

By Shobhankita Reddy, Bharath Reddy

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hindustan-timesMostly Factual8h ago

HT interview: NDCs central to India’s economic transformation, says Bhupender Yadav

India's NDCs are now economic drivers, emphasizing clean energy and resilience, while balancing growth and climate commitments, says Union Minister Yadav.

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Korea HeraldMostly Factual1h ago

SM eyes US as Hybe doubles down on Asia

Two of K-pop’s two biggest players are recalibrating global strategies, with India emerging as a new frontier. SM Entertainment and Hybe are increasingly stepping into each other’s core markets, as SM pushes deeper into the US while Hybe accelerates its expansion across Asia, particularly India. SM has long maintained a strong foothold in Asia, especially in Japan, the world’s second-largest music market. Its early K-pop acts such as BoA, TVXQ and Shinee built massive followings there, with some

By The Korea Herald

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channel-news-asiaMostly Factual10h ago

Asia’s EVolution: As EV makers seek to cut reliance on rare earths, made-in-India solutions gain traction

This instalment of CNA’s series on the forces powering electric vehicles (EVs) in Asia examines India’s growing presence in the development of rare-earth-free motors, and the speed bumps facing wider adoption.

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malay-mailMixed1h ago

West Asia conflict may spur domestic tourism growth in Sarawak, says state minister

KUCHING, March 29 — The ongoing conflicts in West Asia are not expected to significantly impact Malaysia’s t...

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