MUMBAI, March 12 (Reuters) - India's external balance and government finances could be hit if oil prices stay high for an ...

"Every 10 rise in oil prices, if passed onto consumers fully, affects GDP growth by 15 bps, inflation by 30 bps, fiscal deficit by 0 15 of GDP C/A deficit by 0 4 of GDP," as per a UBI report.

The forecast of India's GDP is based on four key assumptions: a normal monsoon, manageable food inflation despite a low-base effect, Brent crude prices hovering around $75–$80 per barrel, and stable ...

Conflict exposes reliance on Gulf for energy and trade while posing diplomatic challenge to Narendra Modi’s government ...

Crisil says India’s economy will grow 7.1 per cent in fiscal 2027, driven by domestic demand despite global uncertainties ...

Higher oil prices will hit Asia unevenly. Here we discuss how the impact might differ, shaped by each country’s energy mix, import dependencies, domestic fuel buffers and fiscal capacity.

India faces a severe cooking gas crunch due to Middle East supply disruptions. Restaurants and small businesses are struggling with shortages and price hikes. Some are even considering temporary ...

India's inflation for February is within central bank's comfort level range but policy action is unlikely due to rising global energy prices ...

BMW expects its group pre-tax earnings to decline moderately in 2026, with vehicle deliveries likely to remain flat, as trade barriers and intense competition in China weigh on performance.

Days earlier QatarEnergy, which produces a fifth of the world’s liquefied natural gas (LNG), shut down its production and ...

The US-Iran war has brought back memories of the past gigantic oil shocks of the 1970s and the Gulf War era.

Full Year 2025 Sales Increased to $59.1 Million, Up 2.3%, Compared to $57.8 Million for the Full Year of 2024 Net sales for the year ended December 31, 2025, were $59.1 million, up 2.3% compared to ...