Commercial LPG Shortage: How Does It Impact Food Aggregators Zomato and Swiggy?

Amid panic booking of LPG and patterns of hoarding reported by the central administration, a near-term hiccup if shortages persist through March are expected to impact order volumes of food delivery majors such as Zomato, and Swiggy.”Reduced menus, limited cooking hours or tempor Read More

India Likely To Halt US Trade Deal: New Delhi Defies Trump’s Section 301 Probe into Manufacturing Excess

India will hold off on signing a trade deal with the United States for several months, four Indian sources said, as fresh investigations by President Donald Trump’s administration into what it calls excess industrial capacity among trading partners add new friction after an early Read More

Will ‘Crude Shock’ Result In Stagflation In Global Economy?

The Israel-US conflict with Iran, which has already led to a 23% surge in global crude oil prices, and 47% increase in natural gas prices, now raised concerns over stagflation across the global economy.Stagflation refers to an economic situation wherein high inflation, stagnant e Read More

Oil Poised for 10% Weekly Gain as Russia Waiver Fails to Calm Iran War Fears

Oil prices headed for weekly gains as of Friday, despite the U.S. trying to ease supply concerns by issuing a 30-day license for countries to buy Russian oil and petroleum products stranded at sea.Brent futures for May rose $1.02, or 1%, to $101.48 a barrel at 0730 GMT, heading f Read More

How Much Firepower Does the RBI Have? 3 Key Measures Used to Defend the Rupee as Middle East War Rages On

Recent volatility in the Indian Rupee has brought the spotlight back on the intervention tools available to the Reserve Bank of India. As global financial conditions remain uncertain and capital flows fluctuate, the central bank’s ability to stabilise the currency is closely moni Read More

Dollar Climbs With No End In Sight For Iran War; Yen at 20-Month Low

The dollar rose to a more than three-month high on Friday and was set for its second weekly gain since the beginning of the war in Iran as turmoil in markets left it the last safe-haven standing.The euro fell to its lowest level since November, and Japan warned that it was ready Read More

India Gold Discounts Hit Near-Decade High; Mideast Tensions Lift China Demand

Gold discounts in India widened this week to their deepest point in nearly a decade as demand stayed subdued and some traders steered clear of paying import duties, while escalating Middle East tensions boosted safe-haven demand in China.”A few importers (to India) are declaring Read More

Rupee Hits Record Low of 92.39 as $100 Oil and Iran War Jolt Indian Markets

The Indian rupee fell to a lifetime low on Friday on worries that sustained high oil prices would heighten risks for India’s economy as the war in the Middle East rages on, injecting turbulence into global financial markets.The rupee fell to 92.39 per dollar, eclipsing its previo Read More

India’s $980 Million Paper Export Industry Faces Cost Shock as West Asia Conflict Disrupts Trade

India’s paper sector is facing one of its toughest operating environments in recent years as geopolitical tensions in West Asia trigger simultaneous cost and export pressures.Industry stakeholders say the crisis has created a double squeeze; production costs are rising sharply du Read More

Gold Set For Weekly Drop As Oil Price Surge Weighs On Rate-Cut Hopes

Gold prices were on track for a second consecutive weekly drop, despite rising on Friday, as surging energy prices dimmed prospects for near-term U.S. interest rate cuts.Spot gold was up 0.7% at $5,112.82 per ounce, as of 0411 GMT on Friday. U.S. gold futures for April delivery f Read More