Washington, April 16 (IANS) India’s strong economic growth is helping cushion fiscal pressures, but risks from subsidies and elevated debt remain, the International Monetary Fund (IMF) said.“Strong growth makes life much easier. It can’t be much in a better position if they were growing as India is growing,” Rodrigo Valdes, Director of the IMF’s Fiscal Affairs Department, said during a press briefing on the Fund’s latest Fiscal Monitor on Wednesday (local time).He stressed that India…
Latest Geopolitical Tensions News & Updates
Washington, April 15 (IANS) In the wake of the Iran-US war, rising crude oil prices and broader commodity pressures could complicate India’s inflation outlook and raise production costs across sectors, Chief Economic Advisor V. Anantha Nageswaran warned on Wednesday. Speaking at the US-India Economic Forum 2026, Nageswaran said the impact of global conflict extends beyond crude prices to a wider set of critical inputs. “It is not purely about the price of oil… it is about the commoditie…
New Delhi, April 15 (IANS) The Centre is reportedly considering a new fuel price stabilisation mechanism aimed at protecting consumers from sharp fluctuations in petrol, diesel and LPG prices amid rising global energy volatility.The proposal, which is currently under discussion among key ministries, seeks to establish a dedicated buffer system that can be deployed during periods of extreme price swings, according to NDTV Profit report.The move comes as geopolitical tensions in West Asia continue…
New Delhi, April 12 (IANS) Pakistan is once again grappling with rising inflation as escalating tensions in the Middle East, particularly the Israel-US conflict with Iran, begin to ripple through its economy, a report has said. The surge in global energy prices has pushed the country’s inflation back into double-digit territory, with the Sensitive Price Indicator (SPI) climbing 12.15 per cent year-on-year (YoY), marking a 74-week high, The Express Tribune report said.According to analysts at T…
New Delhi, April 11 (IANS) Amid escalating geopolitical tensions, the Asian Development Bank (ADB) has lowered Bangladesh’s economic growth forecast to 4 per cent for the current fiscal year ending in June, down from its earlier projection of 4.7 per cent, citing higher fuel prices and disruptions in global supply chains, according to a new report.According to the report by The Daily Star, the ADB has projected economic growth of 4.7 per cent for the next fiscal year (2026–27).The bank has r…
New Delhi, April 10 (IANS) Gold and silver prices witnessed a decline of around 1 per cent on Friday on the Multi Commodity Exchange (MCX), as investors booked profits amid easing safe-haven demand.MCX gold declined 0.56 per cent to hit an intra-day low of Rs 1,52,561 per 10 grams, while silver futures (May 5) plummeted 0.7 per cent by logging an intraday low of Rs 2,42,067 per kg against the previous close.The yellow metal touched an intraday high of Rs 1,52,990, a decrease of 0.28 per cent or …
New Delhi, April 8 (IANS) The US Dollar Index (DXY) slipped sharply on Wednesday, falling more than 1 per cent to around 98.58, as geopolitical uncertainty in the Middle East weighed on global markets.The latest declined put it on track to wipe out the gains it had made earlier in 2026.The drop comes at a time when global investors are closely watching developments in the Middle East.The index, which tracks the strength of the US dollar against a basket of six major currencies, is widely used as…
New Delhi, April 7 (IANS) India’s market regulator Securities and Exchange Board of India (SEBI) on Tuesday announced a one-time relaxation for public issuances, acknowledging that ongoing geopolitical tensions — particularly in the Middle East — have slowed fundraising activity and reduced investor participation.Under existing regulations, companies are required to launch their public issues within 12 to 18 months from the date SEBI issues its observations on their offer documents.However, …
New Delhi, April 7 (IANS) Gold and silver prices showed volatility in Tuesday’s session amid geopolitical tensions following US President Donald Trump’s recent aggressive posts on Iran.On the Multi Commodity Exchange (MCX), gold futures (June 5) were trading at Rs 1,50,228, up Rs 247 or 0.16 per cent at 11:35 am.On the intraday front, the yellow metal rose as much as 0.32 per cent or Rs 493 to Rs 1,50,474. Earlier in the session, before 10 am, it was trading lower by 0.23 per cent or Rs 356 …
New Delhi, April 7 (IANS) Global crude oil prices on Tuesday hit new highs, jumping more than 3 per cent amid geopolitical tensions and US President Donald Trump’s Tuesday deadline to reopen the Strait of Hormuz to Iran.Brent crude futures advanced as much as 1.69 per cent, or $1.86, to $111.63, an intraday high as of 9:57 am. The US West Texas Intermediate crude futures increased more than 3 per cent or $4.15 to $116.56.Brent crude has witnessed a gain of over 60 per cent since the conflict b…