Economy News ( English version)

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  • West Asia turmoil to swell fertiliser subsidy by up to Rs 25,000 Crore, hit output: Crisil Ratings March 26, 2026
    India faces a potential Rs 20,000-25,000 crore increase in its fertiliser subsidy bill. Domestic production of fertilisers may also fall by 10-15 percent. These impacts stem from ongoing Middle East conflicts disrupting raw material and fertiliser imports. The government's allocation of gas and existing inventory offer some buffer. However, the industry […]
  • Expensive crude oil: An inflation India might benefit from March 26, 2026
    Iran War: Rattling oil markets and predictions of $150 per barrel are forcing a reevaluation of cheap energy's long-held economic assumptions. This price shock, rather than a catastrophe, could be a necessary correction, aligning incentives and accelerating the shift towards renewable energy and digital transformation.
  • Freight surge, LPG shortage amid West Asia crisis hit eastern India's exports March 26, 2026
    Eastern India's exports face severe disruption due to the West Asia crisis. Freight rates to Europe and the US have surged by 60-80 percent. Hundreds of containers are stranded at Kolkata port. Production is squeezed, and exporters are experiencing significant drops in export volumes. Shipping lines are not accepting new containers, creating uncertainty […]
  • Reducing import dependence through refining and recycling the way to navigate India Gold sector: Report March 26, 2026
    India's gold industry is shifting focus from buying to investing. The nation aims to reduce its reliance on imported gold by boosting local refining and recycling efforts. Plans are underway to make India a global center for gold refining and trading. These changes will position India for a greater role in worldwide gold markets.
  • From India to South Korea, Asia is getting crushed between oil prices and the dollar amd Iran war March 26, 2026
    Iran War: Asian economies are struggling as a surging dollar, driven by Middle East conflict and investor flight to safety, weakens their currencies. This exacerbates already high energy costs, with countries like India and South Korea facing significant economic strain and implementing energy-saving measures.

 

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