Brent crude hit $111 per barrel on March 28, up more than $32 compared to a year earlier and roughly $20 above its level before the conflict began on Feb. 28, according to Legacy IAS analysis citing current market data. Prices have gyrated between $92 and above $118 a barrel in recent weeks, with…
Cargo stranded as Middle East crisis disrupts trade
Escalating conflict in the Middle East has begun to severely disrupt Indian exports, with several key air and…
India is key growth engine for the world, says IMF
The International Monetary Fund has identified India as a major driver of global economic growth. IMF spokesperson…
India secures six-month US sanctions waiver on Chabahar Port
India has been granted a six-month waiver from U.S. sanctions to continue its operations at Iran’s Chabahar Port, a…
McDonald’s opens biggest global innovation centre in Hyderabad
McDonald’s has officially launched its largest overseas innovation hub in Hyderabad, marking a major leap in its…
Chinese shipments to US drop sharply while global trade surges
China’s exports to the United States dropped sharply in September, registering a year-on-year decline of 27 per…
India exports grow steadily despite global challenges; highlights…
India’s exports have registered a growth of 4 to 5 per cent in the first six months of the current financial year,…
Russia eyes trilateral oil ties with China and India
India has significantly increased its crude oil imports from Russia amid shifting global energy dynamics. Data…
New EU-US agreement sets 15% tariffs, sparks industry concerns
A major new trade agreement between the European Union and the United States has been reached, averting a looming…
Trump threatens Apple of steep 25% tariffs over overseas iPhone production
Former U.S. President Donald Trump has threatened to impose a 25% tariff on Apple’s iPhones and other products…