Mumbai, April 24 (IANS) India Inc is estimated to have recorded 8.5–9 per cent year-on-year (YoY) revenue growth in the fourth quarter of fiscal 2026 (Q4 FY26), driven by strong volume momentum in automobiles and white goods after GST rate rationalisation in September 2025, a report said on Friday.The data compiled by Crisil Intelligence noted that while corporate India has maintained healthy growth so far, the outlook for the first quarter of fiscal 2027 is likely to moderate, with revenue gr…
Latest West Asia conflict News & Updates
New Delhi, April 23 (IANS) Global economic conditions and sentiments have soured after the outbreak of the West Asia conflict, adversely impacting the growth-inflation outlook, Governor Sanjay Malhotra said in the latest RBI Bulletin on Thursday, adding that Central Bank would remain vigilant of the evolving situation and put in place policies that prioritise the best interest of the economy.The conflict in West Asia has intensified pressures on the global supply chains in March with some easing…
New Delhi, April 21 (IANS) The Reserve Bank of India (RBI) is closely monitoring the fallout from the West Asia conflict and will not make firm commitments on the future path of interest rates, Governor Sanjay Malhotra has said, adding that prolonged supply disruptions risk embedding inflation into India’s broader price level.In his speech at Princeton University in the US, Malhotra said the ongoing conflict poses a direct threat to the Indian economy given the region’s outsized role in the coun…
New Delhi, April 20 (IANS) Despite a slowdown in new completions, office absorption increased by 20 per cent to 21.53 million square feet in Q1 2026 (January-March quarter) compared to the same period last year, highlighting sustained occupier demand amid the West Asia conflict and global macroeconomic challenges, a report showed on Monday.This resilient growth was propelled by India’s attractiveness among global occupiers seeking operational efficiency and scalable growth, according to a Vest…
London, April 18 (IANS) Bangladesh is grappling with fuel shortages, rising prices, and diplomatic uncertainty while attempting to avoid offending any major power. The government’s carefully worded statements during the recent conflict in West Asia have drawn criticism at home and scrutiny abroad, a report stated on Saturday. According to the UK-based Middle East Monitor, at a deeper level, the situation reflects a more fundamental issue – the absence of a coherent foreign policy strategy in B…
New Delhi, April 18 (IANS) Rajya Sabha Chairman C.P. Radhakrishnan said that the House recorded a productivity of 109.87 per cent and functioned for a total of 157 hours and 40 minutes during the 270th Session that concluded on Saturday. “With the conclusion of the 270th Session of the Rajya Sabha, we mark the end of the Budget Session of Parliament,” he informed the Members.Radhakrishnan said that during the Session, the House saw the raising of 117 questions, 446 zero-hour submissions and …
New Delhi, April 17 (IANS) The Ministry of External Affairs (MEA) said on Friday that India has safely brought back home 2,361 people since the beginning of the conflict in West Asia. Addressing a weekly media briefing in New Delhi on Friday, MEA spokesperson Randhir Jaiswal stated that these 2,361 people include Indian students, fishermen and also three foreigners.”Since the outbreak of the conflict, we have helped bring 2,361 Indian citizens safely from Iran to India. Of these, 2,060 came via …
New Delhi, April 16 (IANS) India’s tourism and hospitality sectors remain resilient on strong domestic demand, even as the ongoing West Asia conflict disrupts international travel, an industry body said on Thursday.Despite global headwinds, the hospitality sector remains relatively stable, supported by a strong ‘V-shaped’ recovery and robust domestic demand, according to a report by PHD Chamber of Commerce and Industry (PHDCCI).Moreover, the restaurant and food services segment also saw mixed …
Washington, April 16 (IANS) The global economy is facing renewed strain from the West Asia conflict, with elevated debt levels and limited fiscal space constraining governments’ ability to respond, the International Monetary Fund (IMF) has said.“The world economy is being tested again with the consequences of the war in the Middle East,” Rodrigo Valdes, Director of the IMF’s Fiscal Affairs Department, said on Wednesday (local time), warning that “public finances are more stretched in m…
New Delhi, April 15 (IANS) India’s engineering goods exports reached an all-time high of $122.43 billion in FY 2025–26, surpassing the previous record of $116.75 billion in FY2024–25 and posting a growth of about 5 per cent, industry body EEPC India said on Wednesday.The body called the achievement a testament to the sector’s resilience amid an exceptionally challenging external environment.The record was achieved against a backdrop of geopolitical tensions, supply chain disruptions stemming…