Search result for 'houthi rebels'

The Indian rupee gained strength on Wednesday, supported by foreign fund inflows, closing at 85.69 against the US dollar. Forex dealers cited liquidity constraints and geopolitical risks as factors...

The Indian rupee weakened by 6 paise to 85.78 against the US dollar in early trade on Wednesday, weighed down by a negative trend in domestic equities and the recovery of the American currency in...

GMR Group, operator of Hyderabad Airport, expects passenger traffic to reach 50 million by FY31. The company will invest Rs 370 crore to expand cargo capacity to 4 lakh tons annually.

Iran-Israel conflict threatens to disrupt oil and LNG supplies through Strait of Hormuz, leading to price hikes and inflation. Learn about the potential impact on India and global markets.

The WTO Director-General warns that war, uncertainty, and instability are weighing down the global economy and calls for reform. Read more about the challenges facing the WTO.

The head of the World Trade Organisation warns of global economic challenges due to war, uncertainty, and instability. The WTO faces pressure from the US and other nations while dealing with a...

Yemen's Houthi attacks on Red Sea shipping threaten Europe's energy supply, as the continent relies heavily on LNG imports. The impact on gas prices remains minimal for now, but the situation is...

India's trade with the Middle East and Europe is unaffected by the Red Sea crisis so far, but rising freight costs raise concerns for exporters. Learn more about the potential impact.

India''s container availability remains unaffected by the Red Sea crisis, with ships being diverted via the Cape of Good Hope route. The government is closely monitoring the situation.

The IMF has upgraded its outlook for the global economy, expecting 3.1% growth this year and a slowdown in inflation. The US economy is projected to grow by 2.1%, while China's growth is expected...

Europe's economy stalled in the final quarter of 2023, with zero growth amid higher energy prices, costlier credit, and Germany's lagging performance.

Longer disruptions at the Red Sea trade route may impact manufacturing lines of key sectors like electronics, automobiles, and chemicals, says GTRI. Companies relying on just-in-time manufacturing...

The Red Sea shipping route disruption affects 50% of India's exports and 30% of imports. Learn how different sectors are impacted and the potential economic consequences.

Global trade faces disruptions due to attacks in the Red Sea, the war in Ukraine, and low water levels in the Panama Canal, leading to higher shipping costs and inflation risks.

The European Central Bank kept interest rates high, aiming to tame inflation before potential cuts later this year. Analysts expect a rate cut as early as April, while ECB President Christine...

US Secretary of State Antony Blinken reiterated the need for a 'pathway to a Palestinian state' at Davos, arguing it's crucial for Israeli security and regional peace. Blinken's comments come amid...

A new survey reveals growing CEO concerns about company survival due to AI and climate change, despite an improving global economy. Read more about the challenges and opportunities.

Singapore's Maritime and Port Authority is closely monitoring global geopolitical situation and its impact on shipping routes and supply chains due to attacks on merchant ships in the Red Sea.

Inflation in Europe rebounded in December, raising concerns about interest rate cuts. Food prices rose and energy bill support ended in some countries. Read more.

Angola has left OPEC after disagreements over production cuts, citing no benefit from membership. The move follows OPEC's decision to lower Angola's production quota.

BP joins other companies halting Red Sea shipments due to Houthi attacks, disrupting global trade. The move follows increased attacks on vessels, potentially impacting supply chains and driving up...